Technical Analysis for FARO - FARO Technologies, Inc.

Grade Last Price % Change Price Change
D 18.87 0.21% 0.04
FARO closed up 3.23 percent on Tuesday, May 7, 2024, on 67 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.21%
Crossed Above 200 DMA Bullish 0.21%
Lizard Bullish Bullish Day Trade Setup 3.45%
Pocket Pivot Bullish Swing Setup 3.45%
Doji - Bullish? Reversal 3.45%
Oversold Stochastic Weakness 3.45%
200 DMA Resistance Bearish 3.91%
Stochastic Reached Oversold Weakness 3.91%
Gapped Up Strength 3.91%
Oversold Stochastic Weakness 3.91%

   Recent Intraday Alerts

Alert Time
Up 1% about 2 hours ago
60 Minute Opening Range Breakout about 3 hours ago
Reversed from Down about 4 hours ago
Rose Above 20 DMA about 4 hours ago
Rose Above Previous Day's High about 4 hours ago

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Profile

FARO Technologies, Inc. Description

FARO Technologies, Inc., together with its subsidiaries, designs, develops, manufactures, markets, and supports software-based three-dimensional measurement and imaging systems for manufacturing, industrial, building construction, and forensic applications. The company's articulated electromechanical measuring devices include FaroArm, a combination of six or seven-axis, articulated measurement arm, a computer, and computer-aided measurement (CAM2) software programs; and FARO Laser ScanArm, a FaroArm equipped with a combination of a hard probe and non-contact line laser probe to measure products without touching them and offers a seven-axis contact/non-contact measurement device with an integrated laser scanner. It provides FARO Gage, an articulated arm device with a computer and software; FARO Laser Tracker Vantage that combines a laser measurement tool, a computer, and CAM2 software programs; FARO Focus3D to measure and collect data points; and FARO 3D Imager AMP, a non-contact 3D Imager capable of collecting millions of points to generate infinitely-focused fringe patterns. The company also offers FARO Software, a proprietary CAD-based measurement and laser scanner software; CAM2 Measure 10 to measure jobs; FARO CAM2 Gage Software for measuring geometry and building dimensions; and FARO SCENE, a software to deliver scan processing solutions. In addition, it provides extended warranties, as well as support, training, and technology consulting services. The company sells its products through direct sales and distributors. It serves automobile, aerospace, and heavy equipment markets, as well as law enforcement agencies in the Americas, Europe, Africa, and the Asia Pacific. FARO Technologies, Inc. was founded in 1981 and is headquartered in Lake Mary, Florida.


Classification

Sector: Technology
Industry: Scientific & Technical Instruments
Keywords: Aerospace Laser Imaging Law Enforcement Optics Applied Sciences Scanner Heavy Equipment Technology Consulting Services Metrology Measurement Computer Aided Design Software Program

Is FARO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 24.8
52 Week Low 10.3
Average Volume 218,533
200-Day Moving Average 18.57
50-Day Moving Average 20.24
20-Day Moving Average 18.85
10-Day Moving Average 18.63
Average True Range 0.64
RSI (14) 44.75
ADX 16.66
+DI 22.95
-DI 27.58
Chandelier Exit (Long, 3 ATRs) 18.89
Chandelier Exit (Short, 3 ATRs) 19.71
Upper Bollinger Bands 19.88
Lower Bollinger Band 17.82
Percent B (%b) 0.49
BandWidth 10.92
MACD Line -0.52
MACD Signal Line -0.57
MACD Histogram 0.0525
Fundamentals Value
Market Cap 356.91 Million
Num Shares 19 Million
EPS -3.20
Price-to-Earnings (P/E) Ratio -5.88
Price-to-Sales 1.20
Price-to-Book 1.68
PEG Ratio -19.38
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 19.75
Resistance 3 (R3) 19.65 19.24 19.59
Resistance 2 (R2) 19.24 19.01 19.29 19.54
Resistance 1 (R1) 19.04 18.87 19.14 19.14 19.49
Pivot Point 18.63 18.63 18.69 18.68 18.63
Support 1 (S1) 18.43 18.40 18.53 18.53 18.17
Support 2 (S2) 18.02 18.26 18.07 18.12
Support 3 (S3) 17.82 18.02 18.07
Support 4 (S4) 17.92