(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 2024-04-26 View latest technical analysis
10 day averaged volume of Fonar Corporation is 17200
Date | Daily Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 16.27 | 16.97 | 16.97 | 16.26 | 0.517 times |
25 Thu Apr 2024 | 16.86 | 16.10 | 16.97 | 15.89 | 0.988 times |
24 Wed Apr 2024 | 16.19 | 16.59 | 16.59 | 15.90 | 0.988 times |
23 Tue Apr 2024 | 16.01 | 16.20 | 16.63 | 16.00 | 0.849 times |
22 Mon Apr 2024 | 16.20 | 16.59 | 16.85 | 16.14 | 1.209 times |
19 Fri Apr 2024 | 16.81 | 17.01 | 17.04 | 16.80 | 0.326 times |
18 Thu Apr 2024 | 16.83 | 17.09 | 17.09 | 16.50 | 1.116 times |
17 Wed Apr 2024 | 16.52 | 16.80 | 17.13 | 16.52 | 0.901 times |
16 Tue Apr 2024 | 16.79 | 17.00 | 17.07 | 16.50 | 0.878 times |
15 Mon Apr 2024 | 16.83 | 17.25 | 17.43 | 16.64 | 1.593 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16.3, but if it comes above 16.3, then a intra day buy could be more profitable.
If you take a sell trade below 16.3, then use 16.3 as stoploss and 14.6 as target. However if you take a buy trade in stock , then use 16.3 as stoploss and 17.78 as target.
Share price targets for Fonar Corporation (FONR)
Target Type | Value |
Downside Target | 15.89 |
Upside Target | 16.50 |
Upside Target | 16.97 |
Upside Target | 18.84 |
Upside Target | 19.35 |
Upside Target | 20.15 |
Upside Target | 20.64 |
Upside Target | 21.25 |
Upside Target | 21.36 |
Upside Target | 22.39 |
Upside Target | 23.41 |
Upside Target | 24.05 |
Intraday share price targets for Fonar Corporation (FONR)
Target Type | Value |
Downside Intraday Target | 15.78 |
Downside Intraday Target | 15.3 |
Upside Intraday Target | 16.86 |
Upside Intraday Target | 17.46 |
Upside Intraday Target | 16.38 |
Weekly technical analysis of Fonar Corporation (FONR)
Date | Weekly Closing Price | Open | High | Low | Volume |
26 Fri Apr 2024 | 16.27 | 16.59 | 16.97 | 15.89 | 0.946 times |
19 Fri Apr 2024 | 16.81 | 17.25 | 17.43 | 16.50 | 0.605 times |
12 Fri Apr 2024 | 17.16 | 19.36 | 20.18 | 17.09 | 2.116 times |
05 Fri Apr 2024 | 19.54 | 21.25 | 21.25 | 19.35 | 1.345 times |
28 Thu Mar 2024 | 21.36 | 22.20 | 22.39 | 21.36 | 0.415 times |
Price has moved down 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 |
26 Fri Apr 2024 | 16.27 | 21.25 | 21.25 | 15.89 | 0.892 times |
28 Thu Mar 2024 | 21.36 | 22.30 | 23.41 | 20.94 | 0.801 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Fonar Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 and selling is picking up 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 16.54 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Fonar Corporation in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 and selling is picking up 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 16.54 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.