(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 2024-05-02 View latest technical analysis
10 day averaged volume of Fonar Corporation is 17310
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 16.26 | 16.08 | 16.35 | 16.08 | 0.699 times |
| 01 Wed May 2024 | 16.01 | 15.88 | 16.10 | 15.56 | 0.791 times |
| 30 Tue Apr 2024 | 15.74 | 16.00 | 16.00 | 15.66 | 1.982 times |
| 29 Mon Apr 2024 | 16.09 | 16.26 | 16.80 | 16.01 | 1.271 times |
| 26 Fri Apr 2024 | 16.27 | 16.97 | 16.97 | 16.26 | 0.514 times |
| 25 Thu Apr 2024 | 16.86 | 16.10 | 16.97 | 15.89 | 0.982 times |
| 24 Wed Apr 2024 | 16.19 | 16.59 | 16.59 | 15.90 | 0.982 times |
| 23 Tue Apr 2024 | 16.01 | 16.20 | 16.63 | 16.00 | 0.843 times |
| 22 Mon Apr 2024 | 16.20 | 16.59 | 16.85 | 16.14 | 1.202 times |
| 19 Fri Apr 2024 | 16.81 | 17.01 | 17.04 | 16.80 | 0.324 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 15.9 as stoploss in an intra day buy trade for a target of 16.98. However, stock will show a bearish move below 15.9.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 15.56 |
| Upside Target | 16.35 |
| Upside Target | 18.84 |
| Upside Target | 19.35 |
| Upside Target | 19.44 |
| Upside Target | 20.15 |
| Upside Target | 20.18 |
| Upside Target | 20.94 |
| Upside Target | 21.25 |
| Upside Target | 23.41 |
| Upside Target | 24.05 |
Intraday share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Intraday Target | 15.61 |
| Downside Intraday Target | 14.97 |
| Upside Intraday Target | 16.85 |
| Upside Intraday Target | 17.45 |
| Downside Intraday Target | 16.21 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Thu May 2024 | 16.26 | 16.26 | 16.80 | 15.56 | 1.049 times |
| 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 |
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 |
| 02 Thu May 2024 | 16.26 | 15.88 | 16.35 | 15.56 | 0.062 times |
| 30 Tue Apr 2024 | 15.74 | 21.25 | 21.25 | 15.66 | 1.03 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 |
Scroll below to view daily charts
Price has moved up 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 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 losing 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 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 moving up
CCI has generated a buy signal for Fonar Corporation in short term but BUY signal is weak.
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
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 16.15 and Fonar Corporation (FONR) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 losing 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 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 moving up
CCI has generated a buy signal for Fonar Corporation in short term but BUY signal is weak.
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
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 16.15 and Fonar Corporation (FONR) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.