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(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 2024-11-14 View latest technical analysis

10 day averaged volume of Faro Technologies is 240600

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	25.68	26.89	27.13	25.65	0.52 times
13 Wed Nov 2024	26.77	27.65	27.93	26.76	0.574 times
12 Tue Nov 2024	27.63	27.69	27.89	27.04	1.113 times
11 Mon Nov 2024	27.98	27.15	28.04	26.68	1.021 times
08 Fri Nov 2024	26.88	25.68	26.89	24.05	2.087 times
07 Thu Nov 2024	25.70	21.49	26.32	21.44	2.822 times
06 Wed Nov 2024	18.83	19.43	19.56	18.76	1.155 times
05 Tue Nov 2024	18.17	17.58	18.41	17.42	0.447 times
04 Mon Nov 2024	17.74	17.65	18.02	17.59	0.2 times
01 Fri Nov 2024	17.69	17.62	17.83	17.56	0.285 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 24.7, but if it comes below 24.7, then a intra day sell could be more profitable.
If you take a sell trade below 24.7, then use 24.7 as stoploss and 20.67 as target. However if you take a buy trade in stock , then use 24.7 as stoploss and 29.5 as target.

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	18.82
Downside Target	19.15
Downside Target	19.32
Downside Target	25.65
Upside Target	26.89
Upside Target	28.04

Intraday share price targets for Faro Technologies (FARO)

Target Type	Value
Downside Intraday Target	24.87
Downside Intraday Target	24.07
Upside Intraday Target	27.26
Upside Intraday Target	28.85
Upside Intraday Target	26.46

Weekly technical analysis of Faro Technologies (FARO)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Nov 2024	25.68	27.15	28.04	25.65	0.481 times
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

Price has moved down 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
14 Thu Nov 2024	25.68	17.62	28.04	17.42	1.186 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 losing 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 SELL signal for Faro Technologies in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 24.95 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.