(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.
10 day averaged volume of Fonar Corporation is 16370
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 15.03 | 15.00 | 15.17 | 14.88 | 0.861 times |
| 07 Thu Nov 2024 | 15.13 | 15.22 | 15.31 | 15.01 | 1.35 times |
| 06 Wed Nov 2024 | 15.35 | 16.07 | 16.07 | 15.04 | 1.674 times |
| 05 Tue Nov 2024 | 15.48 | 14.55 | 15.48 | 14.45 | 1.24 times |
| 04 Mon Nov 2024 | 14.55 | 15.13 | 15.26 | 14.51 | 2.199 times |
| 01 Fri Nov 2024 | 15.26 | 15.21 | 15.37 | 15.15 | 0.428 times |
| 31 Thu Oct 2024 | 15.20 | 15.26 | 15.48 | 15.20 | 1.014 times |
| 30 Wed Oct 2024 | 15.49 | 15.22 | 15.50 | 15.22 | 0.452 times |
| 29 Tue Oct 2024 | 15.30 | 15.21 | 15.38 | 15.12 | 0.513 times |
| 28 Mon Oct 2024 | 15.39 | 15.18 | 15.49 | 15.17 | 0.562 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 15.1, but if it comes above 15.1, then a intra day buy could be more profitable.
If you take a sell trade below 15.1, then use 15.1 as stoploss and 14.8 as target. However if you take a buy trade in stock , then use 15.1 as stoploss and 15.35 as target.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.45 |
| Upside Target | 15.10 |
| Upside Target | 15.50 |
| Upside Target | 16.07 |
| Upside Target | 16.29 |
| Upside Target | 16.34 |
| Upside Target | 16.55 |
| Upside Target | 17.98 |
| Upside Target | 18.64 |
| Upside Target | 18.68 |
Intraday share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Intraday Target | 14.3 |
| Downside Intraday Target | 13.56 |
| Upside Intraday Target | 15.92 |
| Upside Intraday Target | 16.8 |
| Upside Intraday Target | 15.18 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 15.03 | 15.13 | 16.07 | 14.45 | 2.467 times |
| 01 Fri Nov 2024 | 15.26 | 15.18 | 15.50 | 15.12 | 0.786 times |
| 25 Fri Oct 2024 | 15.22 | 15.73 | 15.75 | 15.19 | 1.096 times |
| 18 Fri Oct 2024 | 15.69 | 15.21 | 15.99 | 15.11 | 0.494 times |
| 11 Fri Oct 2024 | 15.20 | 16.25 | 16.29 | 15.10 | 0.602 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fonar Corporation (FONR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 08 Fri Nov 2024 | 15.03 | 15.21 | 16.07 | 14.45 | 0.346 times |
| 31 Thu Oct 2024 | 15.20 | 16.02 | 16.55 | 15.10 | 1.112 times |
| 30 Mon Sep 2024 | 16.19 | 17.32 | 17.98 | 15.60 | 1.625 times |
| 30 Fri Aug 2024 | 17.39 | 18.23 | 18.64 | 16.34 | 0.709 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Fonar Corporation ( (FONR) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Fonar Corporation ( (FONR) ) based on a mid to longer 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.
ADX buy sell signal for Fonar Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Fonar Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fonar Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fonar Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Fonar Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.13 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 negative.
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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Fonar Corporation ( (FONR) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Fonar Corporation ( (FONR) ) based on a mid to longer 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.
ADX buy sell signal for Fonar Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Fonar Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fonar Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fonar Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Fonar Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 15.13 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.