(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 2024-08-30 View latest technical analysis
10 day averaged volume of Faro Technologies is 179488
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 18.00 | 17.79 | 18.05 | 17.75 | 0.939 times |
| 30 Fri Aug 2024 | 18.00 | 17.79 | 18.12 | 17.75 | 0.952 times |
| 29 Thu Aug 2024 | 17.71 | 17.47 | 17.87 | 17.29 | 0.791 times |
| 28 Wed Aug 2024 | 17.41 | 17.09 | 17.51 | 17.09 | 0.896 times |
| 27 Tue Aug 2024 | 17.11 | 17.19 | 17.40 | 16.96 | 0.76 times |
| 26 Mon Aug 2024 | 17.36 | 17.49 | 17.80 | 17.31 | 1.53 times |
| 23 Fri Aug 2024 | 17.42 | 16.49 | 17.59 | 16.49 | 0.84 times |
| 22 Thu Aug 2024 | 16.48 | 16.75 | 16.95 | 16.33 | 0.703 times |
| 21 Wed Aug 2024 | 16.72 | 16.46 | 16.78 | 16.34 | 0.392 times |
| 20 Tue Aug 2024 | 16.43 | 15.85 | 16.62 | 15.85 | 1.032 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.4, but if it comes below 17.4, then a intra day sell could be more profitable.
If you take a sell trade below 17.4, then use 17.4 as stoploss and 16.21 as target. However if you take a buy trade in stock , then use 17.4 as stoploss and 18.9 as target.
Share price targets for Faro Technologies (FARO)
| Target Type | Value |
| Downside Target | 13.52 |
| Downside Target | 14.91 |
| Downside Target | 15.54 |
| Downside Target | 16.44 |
| Downside Target | 16.96 |
| Downside Target | 17.59 |
| Upside Target | 18.12 |
| 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 | 17.82 |
| Downside Intraday Target | 17.63 |
| Upside Intraday Target | 18.12 |
| Upside Intraday Target | 18.23 |
| Downside Intraday Target | 17.93 |
Weekly technical analysis of Faro Technologies (FARO)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 18.00 | 17.79 | 18.05 | 17.75 | 0.191 times |
| 30 Fri Aug 2024 | 18.00 | 17.49 | 18.12 | 16.96 | 0.972 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 |
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 |
| 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 |
| 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 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 stronger in this stock.
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 17.31 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 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 stronger in this stock.
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 17.31 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.