(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 2024-03-04 View latest technical analysis
10 day averaged volume of Faro Technologies is 244120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 22.00 | 21.96 | 22.52 | 21.94 | 0.865 times |
| 01 Fri Mar 2024 | 22.01 | 22.50 | 22.51 | 21.69 | 1.112 times |
| 29 Thu Feb 2024 | 22.39 | 23.00 | 23.11 | 22.15 | 1.244 times |
| 28 Wed Feb 2024 | 22.40 | 22.80 | 24.80 | 22.06 | 2.122 times |
| 27 Tue Feb 2024 | 22.11 | 22.00 | 22.14 | 21.75 | 1.279 times |
| 26 Mon Feb 2024 | 21.79 | 20.89 | 21.79 | 20.61 | 0.667 times |
| 23 Fri Feb 2024 | 20.88 | 21.39 | 21.39 | 20.85 | 0.576 times |
| 22 Thu Feb 2024 | 21.36 | 21.40 | 21.50 | 21.16 | 0.854 times |
| 21 Wed Feb 2024 | 21.28 | 21.50 | 21.50 | 20.90 | 0.824 times |
| 20 Tue Feb 2024 | 21.92 | 22.18 | 22.29 | 21.80 | 0.641 times |
My analysis of stock is bearish for shortterm, and stock might move down till 21.5 or till 20.8. Use a stoploss of 22.16 and if the stock hits stoploss, then it can shoot up till 22.78
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 12.34 |
| Downside Target | 18.18 |
| Downside Target | 19.86 |
| Downside Target | 20.61 |
| Downside Target | 21.69 |
| Upside Target | 22.52 |
| 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 | 21.79 |
| Downside Intraday Target | 21.57 |
| Upside Intraday Target | 22.37 |
| Upside Intraday Target | 22.73 |
| Upside Intraday Target | 22.15 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Mar 2024 | 22.00 | 21.96 | 22.52 | 21.94 | 0.135 times |
| 01 Fri Mar 2024 | 22.01 | 20.89 | 24.80 | 20.61 | 2.219 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 |
Price has moved down 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 |
| 04 Mon Mar 2024 | 22.00 | 22.50 | 22.52 | 21.69 | 0.123 times |
| 29 Thu Feb 2024 | 22.39 | 22.80 | 24.80 | 20.61 | 0.848 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 |
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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Faro Technologies ( (FARO) ) based on a short 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.
Price action analysis of Faro Technologies ( (FARO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Faro Technologies in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 21.95 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 falling down
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 has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Faro Technologies ( (FARO) ) based on a short 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.
Price action analysis of Faro Technologies ( (FARO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down
CCI has generated a buy signal for Faro Technologies in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 21.95 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 falling down
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 has given negative 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.