(FARO) Faro Technologies complete technical analysis [charts+indicators] | Buy/Sell Faro Technologies | (FARO) share price targets
Complete technical analysis of Faro Technologies (FARO) by charts plus indicators, forecast predictions and share price targets for Faro Technologies (FARO)
Faro Technologies trades in USA in Capital Goods sector.
Showing technical analysis as on 2024-02-28 View latest technical analysis
10 day averaged volume of Faro Technologies is 201080
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 22.40 | 22.80 | 24.80 | 22.06 | 2.576 times |
| 27 Tue Feb 2024 | 22.11 | 22.00 | 22.14 | 21.75 | 1.553 times |
| 26 Mon Feb 2024 | 21.79 | 20.89 | 21.79 | 20.61 | 0.81 times |
| 23 Fri Feb 2024 | 20.88 | 21.39 | 21.39 | 20.85 | 0.7 times |
| 22 Thu Feb 2024 | 21.36 | 21.40 | 21.50 | 21.16 | 1.037 times |
| 21 Wed Feb 2024 | 21.28 | 21.50 | 21.50 | 20.90 | 1 times |
| 20 Tue Feb 2024 | 21.92 | 22.18 | 22.29 | 21.80 | 0.778 times |
| 16 Fri Feb 2024 | 22.64 | 22.63 | 22.82 | 22.19 | 0.827 times |
| 15 Thu Feb 2024 | 22.92 | 22.44 | 23.00 | 22.33 | 0.913 times |
| 14 Wed Feb 2024 | 22.28 | 21.72 | 22.36 | 21.33 | 0.704 times |
Stock of Faro Technologies (FARO) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 22.9 or till 23.7. Use a stoploss of 22.25 and if this stock hits its stoploss, then it can fall down till 21.59
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 12.34 |
| Downside Target | 15.31 |
| Downside Target | 18.18 |
| Downside Target | 19.86 |
| Downside Target | 20.61 |
| Downside Target | 21.80 |
| Downside Target | 22.24 |
| Upside Target | 22.87 |
| Upside Target | 23.09 |
| Upside Target | 23.68 |
| Upside Target | 24.21 |
| Upside Target | 24.80 |
Intraday share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Intraday Target | 20.41 |
| Downside Intraday Target | 18.41 |
| Upside Intraday Target | 24.6 |
| Upside Intraday Target | 26.79 |
| Upside Intraday Target | 22.6 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 22.40 | 20.89 | 24.80 | 20.61 | 1.405 times |
| 23 Fri Feb 2024 | 20.88 | 22.18 | 22.29 | 20.85 | 0.723 times |
| 16 Fri Feb 2024 | 22.64 | 23.16 | 23.68 | 21.00 | 1.388 times |
| 09 Fri Feb 2024 | 23.01 | 22.17 | 23.09 | 21.80 | 0.913 times |
| 02 Fri Feb 2024 | 22.53 | 22.71 | 24.21 | 22.24 | 0.754 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Faro Technologies (FARO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Wed Feb 2024 | 22.40 | 22.80 | 24.80 | 20.61 | 0.782 times |
| 31 Wed Jan 2024 | 22.64 | 22.43 | 24.21 | 20.10 | 0.837 times |
| 29 Fri Dec 2023 | 22.53 | 18.42 | 22.87 | 18.18 | 0.942 times |
| 30 Thu Nov 2023 | 18.37 | 12.78 | 19.86 | 12.34 | 1.736 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Faro Technologies (FARO)
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Faro Technologies ( (FARO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Faro Technologies ( (FARO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Faro Technologies stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Faro Technologies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Faro Technologies in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Faro Technologies is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.03 and Faro Technologies (FARO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Faro Technologies (FARO) stock. Volume based technical analysis of Faro Technologies (FARO) stock is negative.
Faro Technologies Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Faro Technologies ( (FARO) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
Price action analysis of Faro Technologies ( (FARO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Faro Technologies stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Faro Technologies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Faro Technologies in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Faro Technologies is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.03 and Faro Technologies (FARO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Faro Technologies (FARO) stock. Volume based technical analysis of Faro Technologies (FARO) stock is negative.
Faro Technologies Stock is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.