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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 2024-08-27 View latest technical analysis

10 day averaged volume of Faro Technologies is 183972

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	17.11	17.19	17.40	16.96	0.741 times
26 Mon Aug 2024	17.36	17.49	17.80	17.31	1.493 times
23 Fri Aug 2024	17.42	16.49	17.59	16.49	0.819 times
22 Thu Aug 2024	16.48	16.75	16.95	16.33	0.686 times
21 Wed Aug 2024	16.72	16.46	16.78	16.34	0.382 times
20 Tue Aug 2024	16.43	15.85	16.62	15.85	1.006 times
19 Mon Aug 2024	15.81	15.92	15.98	15.72	2.055 times
16 Fri Aug 2024	15.90	15.67	16.02	15.67	0.753 times
15 Thu Aug 2024	15.73	16.00	16.44	15.69	1.105 times
14 Wed Aug 2024	15.50	15.52	15.69	15.28	0.846 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 15.75 as target. However if you take a buy trade in stock , then use 16.8 as stoploss and 18.1 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	16.96
Upside Target	17.59
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	16.78
Downside Intraday Target	16.45
Upside Intraday Target	17.62
Upside Intraday Target	18.13
Upside Intraday Target	17.29

Weekly technical analysis of Faro Technologies (FARO)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	17.11	17.49	17.80	16.96	0.451 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
27 Tue Aug 2024	17.11	17.12	17.80	13.52	1.149 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 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Faro Technologies is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 16.39 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.