FARO NEWS why is Faro Technologies, Inc. price falling or rising

FARO NEWS reasons for why stock price of Faro Technologies, Inc. is falling or rising

FARO Faro Technologies is falling or rising technical reasons

Technical analysis forecast for Faro Technologies Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Faro Technologies FARO at this time. Stock is falling and might fall more.

It appears as if Faro Technologies FARO gave a large move recently.

Stock of Faro Technologies (FARO) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Faro Technologies is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Faro Technologies stays below 18.5, but if it comes above 18.5, then a intra day buy could be more profitable.
If you take a sell trade below 18.5, then use 18.5 as stoploss and 18 as target. However if you take a buy trade in Faro Technologies, then use 18.5 as stoploss and 18.87 as target.

FARO Faro Technologies is falling or rising NEWS fundamental reasons

More announcements and NEWS

FARO Faro Technologies, Inc. current price & indicator signals

Moving Averages for Faro Technologies, Inc.

  • 5Day Average: 18.63
  • 12Day Average: 18.9
  • 20Day Average: 18.82
  • 50Day Average: 19.49
  • 100Day Average: 20.66
  • 150Day Average: 20.19
  • 200Day Average: 18.84

FARO Indicators & signals

Indicator MACD (12,26,9)

18.75, 18.97, -0.2
Indicator MACD is in negative zone

Indicator ADX (14)

14.29, 14.52, 19.35
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FARO Faro Technologies, Inc. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
30 Thu May 2024 18.28 18.21 to 18.78 0.77% 1.7 times
29 Wed May 2024 18.14 18.14 to 19.04 -5.03% 1.58 times
28 Tue May 2024 19.10 18.65 to 19.16 2.36% 0.83 times
24 Fri May 2024 18.66 18.49 to 19.04 -1.53% 0.87 times
23 Thu May 2024 18.95 18.69 to 19.14 0.32% 1.47 times
22 Wed May 2024 18.89 18.83 to 19.26 -1% 0.83 times
21 Tue May 2024 19.08 18.76 to 19.17 0.16% 0.73 times
20 Mon May 2024 19.05 19.03 to 19.38 -0.37% 0.99 times
17 Fri May 2024 19.12 19.01 to 19.79 -2.3% 0.97 times
16 Thu May 2024 19.57 19.10 to 19.61 1.87% 0.95 times
15 Wed May 2024 19.21 18.81 to 19.31 2.4% 0.79 times
14 Tue May 2024 18.76 18.67 to 19.14 0% 1.02 times

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FARO NEWS why is Faro Technologies, Inc. price falling or rising

 

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