(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 2024-11-08 View latest technical analysis
10 day averaged volume of Faro Technologies is 167960
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 26.88 | 25.68 | 26.89 | 24.05 | 2.99 times |
| 07 Thu Nov 2024 | 25.70 | 21.49 | 26.32 | 21.44 | 4.043 times |
| 06 Wed Nov 2024 | 18.83 | 19.43 | 19.56 | 18.76 | 1.655 times |
| 05 Tue Nov 2024 | 18.17 | 17.58 | 18.41 | 17.42 | 0.641 times |
| 04 Mon Nov 2024 | 17.74 | 17.65 | 18.02 | 17.59 | 0.286 times |
| 01 Fri Nov 2024 | 17.69 | 17.62 | 17.83 | 17.56 | 0.408 times |
| 31 Thu Oct 2024 | 17.54 | 18.03 | 18.07 | 17.54 | 0.422 times |
| 30 Wed Oct 2024 | 17.97 | 18.13 | 18.28 | 17.94 | 0.419 times |
| 29 Tue Oct 2024 | 18.27 | 18.48 | 18.56 | 18.21 | 0.445 times |
| 28 Mon Oct 2024 | 18.60 | 18.18 | 18.67 | 18.03 | 1.043 times |
Stock of Faro Technologies (FARO) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 24.4, for a target of 21.4 or 18.93
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 13.52 |
| Downside Target | 15.54 |
| Downside Target | 16.10 |
| Downside Target | 17.42 |
| Downside Target | 17.96 |
| Downside Target | 18.67 |
| Downside Target | 18.68 |
| Downside Target | 18.82 |
| Downside Target | 19.15 |
| Downside Target | 19.32 |
| Upside Target | 26.89 |
Intraday share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Intraday Target | 20.57 |
| Downside Intraday Target | 14.26 |
| Upside Intraday Target | 30.04 |
| Upside Intraday Target | 33.2 |
| Downside Intraday Target | 23.73 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 26.88 | 17.65 | 26.89 | 17.42 | 3.512 times |
| 01 Fri Nov 2024 | 17.69 | 18.18 | 18.67 | 17.54 | 1.034 times |
| 25 Fri Oct 2024 | 17.98 | 18.35 | 18.68 | 17.43 | 1.32 times |
| 18 Fri Oct 2024 | 18.26 | 18.29 | 18.82 | 17.96 | 0.664 times |
| 11 Fri Oct 2024 | 18.27 | 17.92 | 18.48 | 17.49 | 1.013 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Faro Technologies (FARO)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 26.88 | 17.62 | 26.89 | 17.42 | 0.811 times |
| 31 Thu Oct 2024 | 17.54 | 19.15 | 19.15 | 17.43 | 0.59 times |
| 30 Mon Sep 2024 | 19.14 | 17.86 | 19.32 | 16.10 | 0.88 times |
| 30 Fri Aug 2024 | 18.00 | 17.12 | 18.12 | 13.52 | 1.369 times |
Scroll below to view daily charts
Price has moved up 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 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 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 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 BUY signal for Faro Technologies in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Faro Technologies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Faro Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.82 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 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 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 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 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 BUY signal for Faro Technologies in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Faro Technologies Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Faro Technologies is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.82 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.