(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 2024-05-14 View latest technical analysis
10 day averaged volume of Fonar Corporation is 18460
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 16.45 | 16.19 | 16.65 | 15.94 | 1.658 times |
| 13 Mon May 2024 | 16.24 | 16.88 | 17.30 | 16.24 | 1.408 times |
| 10 Fri May 2024 | 16.88 | 17.24 | 17.30 | 16.86 | 0.861 times |
| 09 Thu May 2024 | 17.48 | 17.50 | 17.56 | 17.27 | 0.563 times |
| 08 Wed May 2024 | 17.55 | 17.15 | 17.59 | 16.40 | 1.408 times |
| 07 Tue May 2024 | 17.15 | 17.68 | 17.68 | 17.15 | 0.536 times |
| 06 Mon May 2024 | 17.61 | 16.50 | 17.79 | 16.50 | 1.354 times |
| 03 Fri May 2024 | 16.31 | 16.52 | 16.70 | 16.28 | 0.612 times |
| 02 Thu May 2024 | 16.26 | 16.08 | 16.35 | 16.08 | 0.655 times |
| 01 Wed May 2024 | 16.01 | 15.88 | 16.10 | 15.56 | 0.742 times |
My analysis of stock is bearish for shortterm, and stock might move down till 16 or till 15.4. Use a stoploss of 16.57 and if the stock hits stoploss, then it can shoot up till 17.1
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 | 20.94 |
| 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 | 15.83 |
| Downside Intraday Target | 15.2 |
| Upside Intraday Target | 17.19 |
| Upside Intraday Target | 17.92 |
| Upside Intraday Target | 16.56 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Tue May 2024 | 16.45 | 16.88 | 17.30 | 15.94 | 0.649 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 |
| 14 Tue May 2024 | 16.45 | 15.88 | 17.79 | 15.56 | 0.432 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 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 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 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.
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 moving up
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 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 16.82 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 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 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 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 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.
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 moving up
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 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 16.82 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.