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Stock Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
FARO Technologies, Inc. (NASDAQ:FARO)
Countertrend Down (-85) - FARO is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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 Apr 12th, 2024 at 19.695
The intermediate-term trend has been DOWN since Mar 12th, 2024 at 20.610
The short-term trend has been UP since Apr 23rd, 2024 at 18.780
Smart Scan Analysis for FARO
Based on our trend formula, FARO is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 18.99 | 19.12 | 18.45 | 18.56 | -0.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.00 | 39578 | 2024-04-24 14:15:10 |
| Year High | 70.2 | Year High Date | 2018-07-27 |
| Year Low | 43.26 | Year Low Date | 2018-11-02 |
| 52wk High | 24.8 | 52wk High Date | 2024-02-28 |
| 52wk Low | 10.3 | 52wk Low Date | 2023-05-16 |
| Year End Close | 35.68 | Average Volume | 140,354 |
| Shares Outstanding | 18,969 | Short Interest | 687,485 |
| % Institutional | 95.5 | Market Cap | 960M |
| Assets | 504,692,000M | Liabilities | 236,086,000M |
| P/E Ratio | 51.0182 | Beta | 2.07 |
| Volatility | 52.71 |