Is FARO Technologies, Inc. technically bullish or bearish?
As of May 6, 2025, FARO Technologies, Inc. shows a bullish technical trend supported by positive moving averages and MACD indicators, despite a bearish RSI, with a year-to-date return of 73.46% compared to the S&P 500's 12.22%.
As of 6 May 2025, the technical trend for FARO Technologies, Inc. has changed from mildly bullish to bullish. The weekly MACD and KST indicators are both bullish, supporting the positive trend. However, the weekly RSI is bearish, indicating some weakness in momentum. The daily moving averages are bullish, reinforcing the overall positive stance. The Bollinger Bands show a mildly bullish signal on the weekly and a bullish signal on the monthly, suggesting potential upward movement.In terms of performance, FARO has significantly outperformed the S&P 500 year-to-date with a return of 73.46% compared to the S&P 500's 12.22%, and over the past year, it has returned 149.38% versus the S&P 500's 17.14%. Overall, the current technical stance is bullish, with moderate strength driven by the moving averages and MACD indicators.
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