FARO TECHNOLOGIES INC (FARO) Stock Technical Analysis
NASDAQ:FARO - Nasdaq - US3116421021 - Common Stock - Currency: USD
Overall FARO gets a technical rating of 1 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.
FARO is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. FARO outperforms 79% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, FARO did better than 78% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
FARO is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month FARO has a been trading in the 22.18 - 29.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
FARO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 23.89, a Stop Loss order could be placed below this zone.
More info and screens
16.24
32.63
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.15 to 23.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.40 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 25.83 to 26.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @32.31 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.7
Mansfield1.79
10 Day High26.19
10 Day Low22.18
20 Day High29.53
20 Day Low22.18
52 Week High33.13
52 Week Low13.52
Performance
1 Week-2.58%
2 Weeks-2.42%
1 Month-17.82%
3 Month-21.5%
6 Month32.58%
12 Month29.4%
2 Year3.68%
3 Year-29.4%
5 Year-55.89%
10 Year-39.22%
15 Year-3.97%
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)-0.05
RSI(14)38.82
LBB22.56
UBB28.06
24.21
-0.55 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.22%
1 Week-2.58%
2 Weeks-2.42%
1 Month-17.82%
3 Month-21.5%
6 Month32.58%
12 Month29.4%
2 Year3.68%
3 Year-29.4%
5 Year-55.89%
10 Year-39.22%
15 Year-3.97%
Volatility
ATR(14)1.86
ATR(20)%6.88%
ATR Inc-44.34%
Range Today1
ADR(20)1.48
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.7
Mansfield1.79
10 Day High26.19
10 Day Low22.18
20 Day High29.53
20 Day Low22.18
52 Week High33.13
52 Week Low13.52
CS1 End23.89
CR1 Start25.83
Volume & EV
DER(3)0.19%
DER(5)0.54%
Volume187.30K
Volume Incr-40.81%
Vol(5)149.58K
Vol(50)254.28K