(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 2024-05-13 View latest technical analysis
10 day averaged volume of Fonar Corporation is 18060
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 16.24 | 16.88 | 17.30 | 16.24 | 1.44 times |
| 10 Fri May 2024 | 16.88 | 17.24 | 17.30 | 16.86 | 0.88 times |
| 09 Thu May 2024 | 17.48 | 17.50 | 17.56 | 17.27 | 0.576 times |
| 08 Wed May 2024 | 17.55 | 17.15 | 17.59 | 16.40 | 1.44 times |
| 07 Tue May 2024 | 17.15 | 17.68 | 17.68 | 17.15 | 0.548 times |
| 06 Mon May 2024 | 17.61 | 16.50 | 17.79 | 16.50 | 1.384 times |
| 03 Fri May 2024 | 16.31 | 16.52 | 16.70 | 16.28 | 0.626 times |
| 02 Thu May 2024 | 16.26 | 16.08 | 16.35 | 16.08 | 0.67 times |
| 01 Wed May 2024 | 16.01 | 15.88 | 16.10 | 15.56 | 0.759 times |
| 30 Tue Apr 2024 | 15.74 | 16.00 | 16.00 | 15.66 | 1.899 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 16.1 as stoploss in an intra day buy trade for a target of 16.59. However, stock will show a bearish move below 16.1.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 15.56 |
| Downside Target | 16.24 |
| Upside Target | 17.79 |
| Upside Target | 18.84 |
| Upside Target | 19.44 |
| Upside Target | 20.15 |
| 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 | 15.89 |
| Downside Intraday Target | 15.53 |
| Upside Intraday Target | 16.95 |
| Upside Intraday Target | 17.65 |
| Upside Intraday Target | 16.59 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Mon May 2024 | 16.24 | 16.88 | 17.30 | 16.24 | 0.298 times |
| 10 Fri May 2024 | 16.88 | 16.50 | 17.79 | 16.40 | 0.934 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 |
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 |
| 13 Mon May 2024 | 16.24 | 15.88 | 17.79 | 15.56 | 0.359 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Fonar Corporation in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears 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 BUY signal in short term but buying is losing 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 16.68 and Fonar Corporation (FONR) stock is trading below this level. This means that stock is falling with high volumes. 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Fonar Corporation in short term but the buy signal is initial and weak.
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. Bulls are getting tired and bears 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 BUY signal in short term but buying is losing 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 16.68 and Fonar Corporation (FONR) stock is trading below this level. This means that stock is falling with high volumes. 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.