(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.
10 day averaged volume of Faro Technologies is 329070
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 21.61 | 21.07 | 21.62 | 20.95 | 0.572 times |
26 Tue Mar 2024 | 20.87 | 21.29 | 21.44 | 20.80 | 0.516 times |
25 Mon Mar 2024 | 20.96 | 21.44 | 21.71 | 20.74 | 0.533 times |
22 Fri Mar 2024 | 21.42 | 21.58 | 21.58 | 21.22 | 0.311 times |
21 Thu Mar 2024 | 21.58 | 21.51 | 21.99 | 21.50 | 0.893 times |
20 Wed Mar 2024 | 21.35 | 20.79 | 21.63 | 20.71 | 0.352 times |
19 Tue Mar 2024 | 20.75 | 20.19 | 20.91 | 20.12 | 0.684 times |
18 Mon Mar 2024 | 20.33 | 20.21 | 20.72 | 20.08 | 0.741 times |
15 Fri Mar 2024 | 20.11 | 20.08 | 20.34 | 19.90 | 3.814 times |
14 Thu Mar 2024 | 20.20 | 20.03 | 20.53 | 19.97 | 0.937 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 21.8 as stoploss in an intra day sell trade for a target of 21.19. However, stock will show a bullish move above 21.8.
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 |
Downside Target | 21.22 |
Upside Target | 21.71 |
Upside Target | 21.99 |
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 | 21 |
Downside Intraday Target | 20.38 |
Upside Intraday Target | 21.97 |
Upside Intraday Target | 22.32 |
Downside Intraday Target | 21.35 |
Weekly technical analysis of Faro Technologies (FARO)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 21.61 | 21.44 | 21.71 | 20.74 | 0.544 times |
22 Fri Mar 2024 | 21.42 | 20.21 | 21.99 | 20.08 | 0.368 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 |
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 |
27 Wed Mar 2024 | 21.61 | 22.50 | 22.52 | 19.70 | 1.561 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, and volume has increased substantially. This means that the move can 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 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 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 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 in or above 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 but selling is losing 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 20.6 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 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 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 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 in or above 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 but selling is losing 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 20.6 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.