(FONR) Fonar Corporation complete technical analysis [charts+indicators] | Buy/Sell Fonar Corporation | (FONR) share price targets
Complete technical analysis of Fonar Corporation (FONR) by charts plus indicators, forecast predictions and share price targets for Fonar Corporation (FONR)
Fonar Corporation trades in USA in Health Care sector.
Showing technical analysis as on 2024-03-20 View latest technical analysis
10 day averaged volume of Fonar Corporation is 24180
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 22.23 | 21.05 | 22.30 | 20.94 | 1.228 times |
| 19 Tue Mar 2024 | 21.14 | 21.75 | 21.90 | 21.11 | 1.365 times |
| 18 Mon Mar 2024 | 21.61 | 21.90 | 21.90 | 21.48 | 0.567 times |
| 15 Fri Mar 2024 | 21.89 | 22.08 | 22.34 | 21.72 | 0.715 times |
| 14 Thu Mar 2024 | 22.25 | 22.61 | 22.72 | 21.91 | 1.092 times |
| 13 Wed Mar 2024 | 22.72 | 22.70 | 22.96 | 22.30 | 1.534 times |
| 12 Tue Mar 2024 | 23.00 | 22.06 | 23.00 | 22.06 | 0.926 times |
| 11 Mon Mar 2024 | 22.21 | 22.68 | 22.68 | 22.11 | 0.881 times |
| 08 Fri Mar 2024 | 22.65 | 23.25 | 23.41 | 22.30 | 0.881 times |
| 07 Thu Mar 2024 | 23.16 | 22.67 | 23.16 | 22.34 | 1.294 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 22 as stoploss in an intra day buy trade for a target of 22.55. However, stock will show a bearish move below 22.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 13.32 |
| Downside Target | 18.84 |
| Downside Target | 19.44 |
| Downside Target | 20.15 |
| Downside Target | 20.64 |
| Downside Target | 21.72 |
| Upside Target | 22.30 |
| Upside Target | 23.00 |
| Upside Target | 23.25 |
| Upside Target | 23.41 |
| Upside Target | 24.05 |
Intraday share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Intraday Target | 21.35 |
| Downside Intraday Target | 20.46 |
| Upside Intraday Target | 22.71 |
| Upside Intraday Target | 23.18 |
| Downside Intraday Target | 21.82 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 22.23 | 21.90 | 22.30 | 20.94 | 0.614 times |
| 15 Fri Mar 2024 | 21.89 | 22.68 | 23.00 | 21.72 | 1.276 times |
| 08 Fri Mar 2024 | 22.65 | 22.48 | 23.41 | 22.30 | 1.39 times |
| 01 Fri Mar 2024 | 22.50 | 22.64 | 23.25 | 22.10 | 0.541 times |
| 23 Fri Feb 2024 | 22.82 | 23.20 | 24.05 | 22.06 | 0.651 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Fonar Corporation (FONR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 22.23 | 22.30 | 23.41 | 20.94 | 0.628 times |
| 29 Thu Feb 2024 | 22.27 | 19.62 | 24.05 | 19.44 | 2.052 times |
| 31 Wed Jan 2024 | 19.56 | 19.57 | 20.15 | 18.84 | 0.71 times |
| 29 Fri Dec 2023 | 19.56 | 19.10 | 20.64 | 18.97 | 0.468 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Fonar Corporation (FONR)
Price action analysis of Fonar Corporation ( (FONR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Fonar Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Fonar Corporation in short term but the sell signal is initial and weak.
Fonar Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Fonar Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fonar Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.32 and Fonar Corporation (FONR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Fonar Corporation (FONR) stock. Volume based technical analysis of Fonar Corporation (FONR) stock is negative.
Fonar Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Fonar Corporation ( (FONR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Fonar Corporation stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Fonar Corporation in short term but the sell signal is initial and weak.
Fonar Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Fonar Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fonar Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 22.32 and Fonar Corporation (FONR) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Fonar Corporation (FONR) stock. Volume based technical analysis of Fonar Corporation (FONR) stock is negative.
Fonar Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.