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Stock Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

FARO Technologies, Inc. (NASDAQ:FARO)

Strong Downtrend (-100) - FARO is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, FARO continues to fall. Traders should use caution and set stops.

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.

Open High Low FARO Price Change
15.42 15.59 15.12 15.12 -0.29
Entry Signal

MarketClub’s Trade Triangles for FARO

long term down The long-term trend has been DOWN since Mar 2nd, 2023 at 26.1101

intermediate term down The intermediate-term trend has been DOWN since Aug 30th, 2023 at 16.0550

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 15.3500

Smart Scan Analysis for FARO

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

Smart Scan Analysis for FARO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.42 15.59 15.12 15.12 -0.29
Prev. Close Volume Bid Ask Time
15.13 66296 2023-09-22 15:59:39
Year High70.2Year High Date2018-07-27
Year Low43.26Year Low Date2018-11-02
52wk High36.7452wk High Date2023-01-19
52wk Low10.352wk Low Date2023-05-16
Year End Close35.68Average Volume203,356
Shares Outstanding18,950Short Interest687,485
% Institutional95.5Market Cap960M
P/E Ratio51.0182Beta2.07
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