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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 2024-10-24 View latest technical analysis

10 day averaged volume of Faro Technologies is 71910

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	17.55	17.79	17.91	17.54	1.531 times
23 Wed Oct 2024	17.64	17.95	17.95	17.43	1.025 times
22 Tue Oct 2024	18.08	18.41	18.41	17.85	0.909 times
21 Mon Oct 2024	18.52	18.35	18.68	18.24	1.231 times
18 Fri Oct 2024	18.26	18.44	18.82	18.26	0.919 times
17 Thu Oct 2024	18.40	18.49	18.78	18.23	0.624 times
16 Wed Oct 2024	18.44	18.28	18.54	17.96	1.275 times
15 Tue Oct 2024	18.16	18.09	18.52	18.08	1.314 times
14 Mon Oct 2024	18.12	18.29	18.31	18.04	0.553 times
11 Fri Oct 2024	18.27	17.72	18.48	17.72	1.163 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.8, but if it comes above 17.8, then a intra day buy could be more profitable.
If you take a sell trade below 17.8, then use 17.8 as stoploss and 17.3 as target. However if you take a buy trade in stock , then use 17.8 as stoploss and 18.17 as target.

Share price targets for Faro Technologies (FARO)

Target Type	Value
Downside Target	13.52
Downside Target	15.54
Downside Target	17.43
Upside Target	18.48
Upside Target	18.68
Upside Target	18.82
Upside Target	18.96
Upside Target	19.15
Upside Target	19.31
Upside Target	19.32

Intraday share price targets for Faro Technologies (FARO)

Target Type	Value
Downside Intraday Target	17.09
Downside Intraday Target	16.64
Upside Intraday Target	18.34
Upside Intraday Target	19.14
Upside Intraday Target	17.89

Weekly technical analysis of Faro Technologies (FARO)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Oct 2024	17.55	18.35	18.68	17.43	1.002 times
18 Fri Oct 2024	18.26	18.29	18.82	17.96	0.664 times
11 Fri Oct 2024	18.27	17.92	18.48	17.49	1.013 times
04 Fri Oct 2024	17.95	19.01	19.31	17.64	0.748 times
27 Fri Sep 2024	19.06	18.19	19.32	17.73	0.567 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
24 Thu Oct 2024	17.55	19.15	19.15	17.43	0.448 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
31 Wed Jul 2024	17.10	16.03	18.33	15.54	0.862 times

Scroll below to view daily charts

Price has moved down 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Faro Technologies in short term but the sell signal is initial and weak.

Faro Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Faro Technologies in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 18.12 and Faro Technologies (FARO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.