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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.

10 day averaged volume of Faro Technologies is 172010

Date Daily Closing Price Open High Low Volume
25 Mon Nov 2024 26.91 27.33 27.96 26.89 1.175 times
22 Fri Nov 2024 27.00 26.38 27.02 25.95 1.584 times
21 Thu Nov 2024 26.30 25.69 26.36 25.43 1.035 times
20 Wed Nov 2024 25.50 25.64 26.19 24.93 0.62 times
19 Tue Nov 2024 25.70 25.26 25.76 25.18 0.621 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 27.5 as stoploss in an intra day sell trade for a target of 23.45. However, stock will show a bullish move above 27.5.

Share price targets for Faro Technologies (FARO)

Target Type Value
Downside Target 13.52
Downside Target 15.54
Downside Target 16.10
Downside Target 17.42
Downside Target 18.12
Downside Target 19.15
Downside Target 24.93
Downside Target 26.89
Upside Target 27.02
Upside Target 27.96
Upside Target 28.04

Intraday share price targets for Faro Technologies (FARO)

Target Type Value
Downside Intraday Target 26.55
Downside Intraday Target 26.18
Upside Intraday Target 27.62
Upside Intraday Target 28.32
Upside Intraday Target 27.25

Weekly technical analysis of Faro Technologies (FARO)

Date Weekly Closing Price Open High Low Volume
25 Mon Nov 2024 26.91 27.33 27.96 26.89 0.244 times
22 Fri Nov 2024 27.00 25.10 27.02 24.93 0.884 times
15 Fri Nov 2024 25.06 27.15 28.04 25.01 0.58 times
08 Fri Nov 2024 26.88 17.65 26.89 17.42 3.512 times
01 Fri Nov 2024 17.69 18.18 18.67 17.54 1.034 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
25 Mon Nov 2024 26.91 17.62 28.04 17.42 1.759 times
31 Thu Oct 2024 17.54 19.15 19.15 17.43 0.59 times
30 Mon Sep 2024 19.14 17.86 19.32 16.10 0.919 times
30 Fri Aug 2024 18.00 17.12 18.12 13.52 1.392 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Faro Technologies (FARO)

Indicator Name Indicator Value Indicator Signal
ADX 44, 11, 60 Buy
MACD 4, 4Buy
Stochastics 63None
CCI 94Buy
RSI 68Buy
OBV 1609900Sell
VWAP 26Buy
ADL 0Sell
ROC -4Sell
Force Index 0Sell

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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

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 26.41 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 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.

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