FARO TECHNOLOGIES INC (FARO)
US3116421021 - Common Stock
Taking everything into account, FARO scores 8 out of 10 in our technical rating. FARO has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
FARO is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 88% of 125 stocks in the same industry.
A new 52 week high is currently being made by FARO, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month FARO has a been trading in the 17.42 - 26.32 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, FARO did better than 92% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although FARO has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
15.16
25.96
We found 2 important support areas.
- A support zone ranging from 17.82 to 18.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @15.31 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.11
Mansfield1.7
10 Day High26.32
10 Day Low17.42
20 Day High26.32
20 Day Low17.42
52 Week High26.32
52 Week Low13.52
Performance
1 Week46.52%
2 Weeks46.44%
1 Month44.87%
3 Month69.41%
6 Month35.62%
12 Month50.82%
2 Year-14.1%
3 Year-63%
5 Year-47.25%
10 Year-53.21%
15 Year31.73%
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)0.49
RSI(14)84.97
LBB14.57
UBB22.61
FARO TECHNOLOGIES INC
NASDAQ:FARO (11/7/2024, 8:00:02 PM)
After market: 25.7 0 (0%)25.7
+6.87 (+36.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg36.48%
1 Week46.52%
2 Weeks46.44%
1 Month44.87%
3 Month69.41%
6 Month35.62%
12 Month50.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.1
ATR(20)%3.6%
ATR Inc
Range Today4.88
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 High26.32
10 Day Low17.42
20 Day High26.32
20 Day Low17.42
52 Week High26.32
52 Week Low13.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume679.00K
Volume Incr162.25%
Vol(5)236.26K
Vol(50)141.69K