FARO TECHNOLOGIES INC (FARO)
US3116421021 - Common Stock
We assign a technical rating of 1 out of 10 to FARO. 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 18.02 - 20.80 range, which is quite wide. It is currently trading near the lows of this range.
When comparing the performance of all stocks over the past year, FARO turns out to be only a medium performer in the overall market: it outperformed 56% of all stocks.
FARO is part of the Electronic Equipment, Instruments & Components industry. There are 127 other stocks in this industry, FARO did better than 57% of them.
FARO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FARO is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
FARO has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
13.95
20.74
We found 2 important support areas.
- A support zone ranging from 17.89 to 18.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.09 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 18.57 to 19.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.01 to 20.53. 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
CRS56.68
Mansfield-0.76
10 Day High19.42
10 Day Low18.02
20 Day High20.81
20 Day Low18.02
52 Week High24.8
52 Week Low10.3
Performance
1 Week-4.02%
2 Weeks-2.94%
1 Month-10.76%
3 Month-19.4%
6 Month9.79%
12 Month32.07%
2 Year-43.64%
3 Year-75.99%
5 Year-58.82%
10 Year-57.29%
15 Year17.69%
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)34.65
LBB18.11
UBB19.18
FARO TECHNOLOGIES INC
NASDAQ:FARO (5/3/2024, 7:00:02 PM)
After market: 18.16 0 (0%)18.16
-0.19 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.04%
1 Week-4.02%
2 Weeks-2.94%
1 Month-10.76%
3 Month-19.4%
6 Month9.79%
12 Month32.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.61
ATR(20)%3.26%
ATR Inc
Range Today0.95
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 High19.42
10 Day Low18.02
20 Day High20.81
20 Day Low18.02
52 Week High24.8
52 Week Low10.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume164.20K
Volume Incr0.23%
Vol(5)133.68K
Vol(50)221.21K