(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 2024-07-23 View latest technical analysis
10 day averaged volume of Faro Technologies is 159884
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 18.12 | 17.63 | 18.33 | 17.34 | 1.07 times |
| 22 Mon Jul 2024 | 17.64 | 17.22 | 17.71 | 17.08 | 0.474 times |
| 19 Fri Jul 2024 | 17.14 | 17.05 | 17.18 | 16.78 | 0.832 times |
| 18 Thu Jul 2024 | 17.05 | 17.73 | 17.93 | 16.97 | 0.724 times |
| 17 Wed Jul 2024 | 17.72 | 18.08 | 18.25 | 17.42 | 1.175 times |
| 16 Tue Jul 2024 | 18.32 | 17.60 | 18.33 | 17.60 | 1.375 times |
| 15 Mon Jul 2024 | 17.34 | 17.36 | 17.73 | 17.10 | 1.037 times |
| 12 Fri Jul 2024 | 17.15 | 17.18 | 17.42 | 16.96 | 1.093 times |
| 11 Thu Jul 2024 | 16.90 | 17.03 | 17.40 | 16.82 | 1.283 times |
| 10 Wed Jul 2024 | 16.55 | 16.55 | 16.60 | 16.29 | 0.54 times |
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 18.4, for a target of 17.5 or 16.77
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 15.54 |
| Downside Target | 16.78 |
| Downside Target | 17.80 |
| Upside Target | 18.17 |
| Upside Target | 18.33 |
| Upside Target | 18.96 |
| Upside Target | 19.70 |
| Upside Target | 19.79 |
| Upside Target | 21.63 |
| Upside Target | 22.52 |
Intraday share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Intraday Target | 17.36 |
| Downside Intraday Target | 16.59 |
| Upside Intraday Target | 18.61 |
| Upside Intraday Target | 19.09 |
| Downside Intraday Target | 17.84 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 18.12 | 17.22 | 18.33 | 17.08 | 0.3 times |
| 19 Fri Jul 2024 | 17.14 | 17.36 | 18.33 | 16.78 | 0.926 times |
| 12 Fri Jul 2024 | 17.15 | 16.18 | 17.42 | 16.18 | 5.584 times |
| 05 Fri Jul 2024 | 15.99 | 16.02 | 16.28 | 15.87 | 0.718 times |
| 03 Wed Jul 2024 | 16.24 | 16.03 | 16.28 | 15.54 | 0.318 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 |
| 23 Tue Jul 2024 | 18.12 | 16.03 | 18.33 | 15.54 | 0.691 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 |
| 30 Tue Apr 2024 | 18.75 | 21.55 | 21.63 | 18.17 | 0.463 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 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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 17.46 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 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 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 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 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 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 17.46 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.