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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.
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MarketClub’s Trade Triangles for FARO
The long-term trend has been DOWN since Mar 2nd, 2023 at 26.1101
The intermediate-term trend has been DOWN since Aug 30th, 2023 at 16.0550
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).
| 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 High | 70.2 | Year High Date | 2018-07-27 |
| Year Low | 43.26 | Year Low Date | 2018-11-02 |
| 52wk High | 36.74 | 52wk High Date | 2023-01-19 |
| 52wk Low | 10.3 | 52wk Low Date | 2023-05-16 |
| Year End Close | 35.68 | Average Volume | 203,356 |
| Shares Outstanding | 18,950 | Short Interest | 687,485 |
| % Institutional | 95.5 | Market Cap | 960M |
| Assets | 528,728,000M | Liabilities | 232,415,000M |
| P/E Ratio | 51.0182 | Beta | 2.07 |
| Volatility | 52.71 |