(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 2024-03-06 View latest technical analysis
10 day averaged volume of Faro Technologies is 266450
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 21.54 | 21.93 | 22.13 | 21.32 | 1.568 times |
| 05 Tue Mar 2024 | 21.48 | 21.66 | 22.06 | 21.22 | 1.257 times |
| 04 Mon Mar 2024 | 22.00 | 21.96 | 22.52 | 21.94 | 0.793 times |
| 01 Fri Mar 2024 | 22.01 | 22.50 | 22.51 | 21.69 | 1.019 times |
| 29 Thu Feb 2024 | 22.39 | 23.00 | 23.11 | 22.15 | 1.14 times |
| 28 Wed Feb 2024 | 22.40 | 22.80 | 24.80 | 22.06 | 1.944 times |
| 27 Tue Feb 2024 | 22.11 | 22.00 | 22.14 | 21.75 | 1.172 times |
| 26 Mon Feb 2024 | 21.79 | 20.89 | 21.79 | 20.61 | 0.611 times |
| 23 Fri Feb 2024 | 20.88 | 21.39 | 21.39 | 20.85 | 0.528 times |
| 22 Thu Feb 2024 | 21.36 | 21.40 | 21.50 | 21.16 | 0.783 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 21.4 as stoploss in an intra day buy trade for a target of 22.06. However, stock will show a bearish move below 21.4.
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 |
| Upside Target | 21.80 |
| Upside Target | 22.29 |
| 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 |
| Downside Intraday Target | 20.46 |
| Upside Intraday Target | 22.3 |
| Upside Intraday Target | 23.06 |
| Upside Intraday Target | 21.76 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Mar 2024 | 21.54 | 21.96 | 22.52 | 21.22 | 0.615 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 |
| 06 Wed Mar 2024 | 21.54 | 22.50 | 22.52 | 21.22 | 0.315 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Faro Technologies ( (FARO) ) based on a short to mid 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 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 gaining momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell signal is initial and weak.
Faro Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Faro Technologies in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 21.89 and Faro Technologies (FARO) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Faro Technologies ( (FARO) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Faro Technologies ( (FARO) ) based on a short to mid 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 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 gaining momentum.
MACD generated a SELL signal for Faro Technologies in short term but the sell signal is initial and weak.
Faro Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Faro Technologies in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL 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 21.89 and Faro Technologies (FARO) stock is trading below this level. This means that stock is falling with high volumes. 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 is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.