FARO TECHNOLOGIES INC (FARO)
US3116421021 - Common Stock
Overall FARO gets a technical rating of 2 out of 10. FARO has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
In the last month FARO has a been trading in the 17.80 - 19.79 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, FARO outperforms 46% of them, which is more or less in line with the market.
FARO is part of the Electronic Equipment, Instruments & Components industry. There are 128 other stocks in this industry, FARO did better than 55% of them.
FARO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FARO is lagging the market.
FARO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 18.32, a Stop Loss order could be placed below this zone.
More info and screens
14.16
19.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 17.89 to 18.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.30 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.80 to 19.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 19.43 to 19.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.06
Mansfield-0.82
10 Day High19.79
10 Day Low18.14
20 Day High19.79
20 Day Low17.8
52 Week High24.8
52 Week Low12.34
Performance
1 Week-1.16%
2 Weeks-4.29%
1 Month2.07%
3 Month-14.9%
6 Month-1.42%
12 Month18.47%
2 Year-41.87%
3 Year-75.24%
5 Year-57.53%
10 Year-55.95%
15 Year21.39%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)47.26
LBB18.17
UBB19.59
FARO TECHNOLOGIES INC
NASDAQ:FARO (5/31/2024, 7:00:02 PM)
After market: 18.73 0 (0%)18.73
+0.45 (+2.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg2.46%
1 Week-1.16%
2 Weeks-4.29%
1 Month2.07%
3 Month-14.9%
6 Month-1.42%
12 Month18.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%3.36%
ATR Inc
Range Today0.68
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High19.79
10 Day Low18.14
20 Day High19.79
20 Day Low17.8
52 Week High24.8
52 Week Low12.34
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume126.40K
Volume Incr0.02%
Vol(5)119.06K
Vol(50)132.41K