(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 2024-03-21 View latest technical analysis
10 day averaged volume of Faro Technologies is 394640
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 21.58 | 21.51 | 21.99 | 21.50 | 0.744 times |
| 20 Wed Mar 2024 | 21.35 | 20.79 | 21.63 | 20.71 | 0.294 times |
| 19 Tue Mar 2024 | 20.75 | 20.19 | 20.91 | 20.12 | 0.57 times |
| 18 Mon Mar 2024 | 20.33 | 20.21 | 20.72 | 20.08 | 0.618 times |
| 15 Fri Mar 2024 | 20.11 | 20.08 | 20.34 | 19.90 | 3.18 times |
| 14 Thu Mar 2024 | 20.20 | 20.03 | 20.53 | 19.97 | 0.782 times |
| 13 Wed Mar 2024 | 20.09 | 20.87 | 20.87 | 19.70 | 1.016 times |
| 12 Tue Mar 2024 | 20.94 | 21.00 | 21.03 | 20.40 | 0.963 times |
| 11 Mon Mar 2024 | 20.87 | 21.40 | 21.84 | 20.67 | 0.82 times |
| 08 Fri Mar 2024 | 21.71 | 21.77 | 22.00 | 21.28 | 0.947 times |
My analysis of stock is bullish for shortterm, and stock might move up till 22 or till 22.9. Use a stoploss of 21.3 and if this stock hits its stoploss, then it can fall down till 20.58
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 12.34 |
| Downside Target | 18.18 |
| Downside Target | 19.70 |
| Downside Target | 20.61 |
| Upside Target | 21.84 |
| Upside Target | 22.29 |
| Upside Target | 22.52 |
| Upside Target | 22.87 |
| Upside Target | 24.21 |
| Upside Target | 24.80 |
Intraday share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Intraday Target | 20.44 |
| Downside Intraday Target | 19.31 |
| Upside Intraday Target | 22.35 |
| Upside Intraday Target | 23.13 |
| Downside Intraday Target | 21.22 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Thu Mar 2024 | 21.58 | 20.21 | 21.99 | 20.08 | 0.329 times |
| 15 Fri Mar 2024 | 20.11 | 21.40 | 21.84 | 19.70 | 1.609 times |
| 08 Fri Mar 2024 | 21.71 | 21.96 | 22.52 | 21.22 | 1.057 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 |
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 |
| 21 Thu Mar 2024 | 21.58 | 22.50 | 22.52 | 19.70 | 1.398 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 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 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 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 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 BUY signal for Faro Technologies in short term but the buy 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. Bulls 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 and BUY signal is strong.
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 20.61 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 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 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 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 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 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 BUY signal for Faro Technologies in short term but the buy 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. Bulls 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 and BUY signal is strong.
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 20.61 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 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.