FARO TECHNOLOGIES INC (FARO)
US3116421021 - Common Stock
We assign a technical rating of 9 out of 10 to FARO. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, FARO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
FARO is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. FARO outperforms 91% of them.
FARO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so FARO is lagging the market slightly.
In the last month FARO has a been trading in the 17.42 - 28.04 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, FARO did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Although FARO has an excellent technical rating, the quality of the presented setup is not ideal 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
15.26
27.15
We found 4 important support areas.
- A support zone ranging from 25.06 to 25.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 18.32 to 18.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.74 from a horizontal line in the daily time frame.
- Support @15.41 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @26.88 from a horizontal 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
CRS91.59
Mansfield1.96
10 Day High28.04
10 Day Low24.05
20 Day High28.04
20 Day Low17.42
52 Week High28.04
52 Week Low13.52
Performance
1 Week2.41%
2 Weeks2.33%
1 Month49.86%
3 Month50.98%
6 Month40.94%
12 Month43.79%
2 Year-12.1%
3 Year-62.14%
5 Year-46.02%
10 Year-52.12%
15 Year34.8%
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)0.19
RSI(14)70.32
LBB17.76
UBB31.31
FARO TECHNOLOGIES INC
NASDAQ:FARO (11/21/2024, 6:16:05 PM)
After market: 26.3 0 (0%)26.3
+0.8 (+3.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg3.14%
1 Week2.41%
2 Weeks2.33%
1 Month49.86%
3 Month50.98%
6 Month40.94%
12 Month43.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.61
ATR(20)%4.84%
ATR Inc
Range Today0.94
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 High28.04
10 Day Low24.05
20 Day High28.04
20 Day Low17.42
52 Week High28.04
52 Week Low13.52
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume178.00K
Volume Incr-17.62%
Vol(5)138.50K
Vol(50)146.66K