(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 2024-08-22 View latest technical analysis
10 day averaged volume of Faro Technologies is 193301
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 16.48 | 16.75 | 16.95 | 16.33 | 0.653 times |
| 21 Wed Aug 2024 | 16.72 | 16.46 | 16.78 | 16.34 | 0.364 times |
| 20 Tue Aug 2024 | 16.43 | 15.85 | 16.62 | 15.85 | 0.958 times |
| 19 Mon Aug 2024 | 15.81 | 15.92 | 15.98 | 15.72 | 1.955 times |
| 16 Fri Aug 2024 | 15.90 | 15.67 | 16.02 | 15.67 | 0.717 times |
| 15 Thu Aug 2024 | 15.73 | 16.00 | 16.44 | 15.69 | 1.052 times |
| 14 Wed Aug 2024 | 15.50 | 15.52 | 15.69 | 15.28 | 0.805 times |
| 13 Tue Aug 2024 | 15.48 | 15.25 | 15.76 | 15.25 | 0.813 times |
| 12 Mon Aug 2024 | 15.14 | 15.10 | 15.35 | 14.91 | 1.061 times |
| 09 Fri Aug 2024 | 15.17 | 14.51 | 15.57 | 14.51 | 1.131 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 16.7 as stoploss in an intra day sell trade for a target of 15.72. However, stock will show a bullish move above 16.7.
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 13.52 |
| Downside Target | 14.61 |
| Downside Target | 14.91 |
| Downside Target | 15.54 |
| Downside Target | 16.44 |
| Upside Target | 16.95 |
| Upside Target | 17.61 |
| Upside Target | 18.17 |
| Upside Target | 18.33 |
| Upside Target | 18.96 |
| Upside Target | 19.79 |
| Upside Target | 21.63 |
Intraday share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Intraday Target | 15.82 |
| Downside Intraday Target | 15.15 |
| Upside Intraday Target | 17.05 |
| Upside Intraday Target | 17.61 |
| Downside Intraday Target | 16.38 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Thu Aug 2024 | 16.48 | 15.92 | 16.95 | 15.72 | 0.884 times |
| 16 Fri Aug 2024 | 15.90 | 15.10 | 16.44 | 14.91 | 0.92 times |
| 09 Fri Aug 2024 | 15.17 | 13.64 | 15.57 | 13.52 | 1.829 times |
| 02 Fri Aug 2024 | 14.61 | 17.22 | 17.61 | 14.61 | 0.927 times |
| 26 Fri Jul 2024 | 17.22 | 17.22 | 18.33 | 16.96 | 0.67 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 |
| 22 Thu Aug 2024 | 16.48 | 17.12 | 17.12 | 13.52 | 0.956 times |
| 31 Wed Jul 2024 | 17.10 | 16.03 | 18.33 | 15.54 | 0.862 times |
| 28 Fri Jun 2024 | 16.00 | 18.95 | 18.96 | 15.83 | 1.341 times |
| 31 Fri May 2024 | 18.73 | 18.87 | 19.79 | 17.80 | 0.867 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 coming down
CCI has generated a SELL signal for Faro Technologies in short term but SELL signal is weak.
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 15.75 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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 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 coming down
CCI has generated a SELL signal for Faro Technologies in short term but SELL signal is weak.
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 15.75 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.