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Stock Trend Analysis Report

Prepared for you on Monday, July 22, 2024.

FARO Technologies, Inc. (NASDAQ:FARO)

Sidelines Mode (+55) - FARO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid FARO?

MarketClub looks at technical strength and momentum to determine if the timing is right for FARO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FARO
Open High Low FARO Price Change
17.0500 17.1795 16.7800 17.1300 +0.0800
Entry Signal

MarketClub’s Trade Triangles for FARO

long term down The long-term trend has been DOWN since Apr 12th, 2024 at 19.695

intermediate term up The intermediate-term trend has been UP since Jul 11th, 2024 at 17.050

short term down The short-term trend has been DOWN since Jul 18th, 2024 at 17.100

Smart Scan Analysis for FARO

Based on our trend formula, FARO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for FARO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.0500 17.1795 16.7800 17.1300 +0.0800
Prev. Close Volume Bid Ask Time
17.1400 87212 2024-07-19 15:59:25
Year High70.2Year High Date2018-07-27
Year Low43.26Year Low Date2018-11-02
52wk High24.852wk High Date2024-02-28
52wk Low12.3452wk Low Date2023-11-01
Year End Close35.68Average Volume158,028
Shares Outstanding19,206Short Interest687,485
% Institutional95.5Market Cap960M
Assets492,304,000MLiabilities230,324,000M
P/E Ratio51.0182Beta2.07
Volatility52.71
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