Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-25 View latest technical analysis

10 day averaged volume of Faro Technologies is 198720

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	18.23	18.26	18.41	18.07	0.489 times
24 Tue Sep 2024	18.24	17.95	18.28	17.90	1.121 times
23 Mon Sep 2024	17.89	18.19	18.40	17.73	0.536 times
20 Fri Sep 2024	18.05	18.05	18.44	17.91	2.674 times
19 Thu Sep 2024	18.21	18.59	18.59	17.86	0.637 times
18 Wed Sep 2024	18.00	17.59	18.18	17.37	1.027 times
17 Tue Sep 2024	17.62	17.69	17.75	17.35	0.62 times
16 Mon Sep 2024	17.50	17.38	17.55	17.33	0.99 times
13 Fri Sep 2024	17.49	17.70	17.83	17.43	0.736 times
12 Thu Sep 2024	17.41	17.31	17.59	17.29	0.736 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 18.1, but if it comes below 18.1, then a intra day sell could be more profitable.
If you take a sell trade below 18.1, then use 18.1 as stoploss and 17.57 as target. However if you take a buy trade in stock , then use 18.1 as stoploss and 18.7 as target.

Share price targets for Faro Technologies (FARO)

Target Type	Value
Downside Target	13.52
Downside Target	15.54
Downside Target	16.48
Downside Target	17.33
Downside Target	17.73
Downside Target	18.12
Upside Target	18.33
Upside Target	18.41
Upside Target	18.59
Upside Target	18.96
Upside Target	19.79

Intraday share price targets for Faro Technologies (FARO)

Target Type	Value
Downside Intraday Target	17.84
Downside Intraday Target	17.44
Upside Intraday Target	18.52
Upside Intraday Target	18.8
Downside Intraday Target	18.12

Weekly technical analysis of Faro Technologies (FARO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	18.23	18.19	18.41	17.73	0.361 times
20 Fri Sep 2024	18.05	17.38	18.59	17.33	1.383 times
13 Fri Sep 2024	17.49	16.75	17.83	16.10	1.218 times
06 Fri Sep 2024	16.73	17.86	17.86	16.48	4.163 times
30 Fri Aug 2024	18.00	17.79	18.05	17.75	0.191 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
25 Wed Sep 2024	18.23	17.86	18.59	16.10	0.793 times
30 Fri Aug 2024	18.00	17.12	18.12	13.52	1.369 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 17.9 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.