(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 2024-08-26 View latest technical analysis
10 day averaged volume of Faro Technologies is 177012
Date | Daily Closing Price | Open | High | Low | Volume |
26 Mon Aug 2024 | 17.36 | 17.49 | 17.80 | 17.31 | 1.551 times |
23 Fri Aug 2024 | 17.42 | 16.49 | 17.59 | 16.49 | 0.851 times |
22 Thu Aug 2024 | 16.48 | 16.75 | 16.95 | 16.33 | 0.713 times |
21 Wed Aug 2024 | 16.72 | 16.46 | 16.78 | 16.34 | 0.397 times |
20 Tue Aug 2024 | 16.43 | 15.85 | 16.62 | 15.85 | 1.046 times |
19 Mon Aug 2024 | 15.81 | 15.92 | 15.98 | 15.72 | 2.135 times |
16 Fri Aug 2024 | 15.90 | 15.67 | 16.02 | 15.67 | 0.783 times |
15 Thu Aug 2024 | 15.73 | 16.00 | 16.44 | 15.69 | 1.149 times |
14 Wed Aug 2024 | 15.50 | 15.52 | 15.69 | 15.28 | 0.88 times |
13 Tue Aug 2024 | 15.48 | 15.25 | 15.76 | 15.25 | 0.888 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.8, but if it comes below 16.8, then a intra day sell could be more profitable.
If you take a sell trade below 16.8, then use 16.8 as stoploss and 15.74 as target. However if you take a buy trade in stock , then use 16.8 as stoploss and 18 as target.
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 |
Downside Target | 17.31 |
Upside Target | 17.80 |
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 | 17.18 |
Downside Intraday Target | 17 |
Upside Intraday Target | 17.67 |
Upside Intraday Target | 17.98 |
Upside Intraday Target | 17.49 |
Weekly technical analysis of Faro Technologies (FARO)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Mon Aug 2024 | 17.36 | 17.49 | 17.80 | 17.31 | 0.302 times |
23 Fri Aug 2024 | 17.42 | 15.92 | 17.59 | 15.72 | 1.059 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 |
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 |
26 Mon Aug 2024 | 17.36 | 17.12 | 17.80 | 13.52 | 1.102 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 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 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 neutral. A longer time frame might give a better analysis.
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 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 16.26 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 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 neutral. A longer time frame might give a better analysis.
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 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 16.26 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.