(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 2024-05-09 View latest technical analysis
10 day averaged volume of Fonar Corporation is 18020
Date | Daily Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 17.48 | 17.50 | 17.56 | 17.27 | 0.577 times |
08 Wed May 2024 | 17.55 | 17.15 | 17.59 | 16.40 | 1.443 times |
07 Tue May 2024 | 17.15 | 17.68 | 17.68 | 17.15 | 0.549 times |
06 Mon May 2024 | 17.61 | 16.50 | 17.79 | 16.50 | 1.387 times |
03 Fri May 2024 | 16.31 | 16.52 | 16.70 | 16.28 | 0.627 times |
02 Thu May 2024 | 16.26 | 16.08 | 16.35 | 16.08 | 0.671 times |
01 Wed May 2024 | 16.01 | 15.88 | 16.10 | 15.56 | 0.76 times |
30 Tue Apr 2024 | 15.74 | 16.00 | 16.00 | 15.66 | 1.903 times |
29 Mon Apr 2024 | 16.09 | 16.26 | 16.80 | 16.01 | 1.221 times |
26 Fri Apr 2024 | 16.27 | 16.97 | 16.97 | 16.26 | 0.494 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.2, but if it comes below 17.2, then a intra day sell could be more profitable.
If you take a sell trade below 17.2, then use 17.2 as stoploss and 16.63 as target. However if you take a buy trade in stock , then use 17.2 as stoploss and 17.8 as target.
Share price targets for Fonar Corporation (FONR)
Target Type | Value |
Downside Target | 15.56 |
Downside Target | 16.40 |
Upside Target | 17.79 |
Upside Target | 18.84 |
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 | 16.66 |
Downside Intraday Target | 15.83 |
Upside Intraday Target | 18.05 |
Upside Intraday Target | 18.61 |
Downside Intraday Target | 17.22 |
Weekly technical analysis of Fonar Corporation (FONR)
Date | Weekly Closing Price | Open | High | Low | Volume |
09 Thu May 2024 | 17.48 | 16.50 | 17.79 | 16.40 | 0.763 times |
03 Fri May 2024 | 16.31 | 16.26 | 16.80 | 15.56 | 1.193 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 |
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 |
09 Thu May 2024 | 17.48 | 15.88 | 17.79 | 15.56 | 0.259 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 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 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 to mid 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Fonar Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 16.63 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 rising upwards.
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 is giving positive 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 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 to mid 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a buy signal for Fonar Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining 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 16.63 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 rising upwards.
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 is giving positive 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.