(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 2024-05-17 View latest technical analysis
10 day averaged volume of Fonar Corporation is 25676
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 15.24 | 15.76 | 15.97 | 15.24 | 1.281 times |
| 16 Thu May 2024 | 15.71 | 16.17 | 16.22 | 15.40 | 1.108 times |
| 15 Wed May 2024 | 16.27 | 16.72 | 16.84 | 15.92 | 2.851 times |
| 14 Tue May 2024 | 16.45 | 16.19 | 16.65 | 15.94 | 1.192 times |
| 13 Mon May 2024 | 16.24 | 16.88 | 17.30 | 16.24 | 1.013 times |
| 10 Fri May 2024 | 16.88 | 17.24 | 17.30 | 16.86 | 0.619 times |
| 09 Thu May 2024 | 17.48 | 17.50 | 17.56 | 17.27 | 0.405 times |
| 08 Wed May 2024 | 17.55 | 17.15 | 17.59 | 16.40 | 1.013 times |
| 07 Tue May 2024 | 17.15 | 17.68 | 17.68 | 17.15 | 0.386 times |
| 06 Mon May 2024 | 17.61 | 16.50 | 17.79 | 16.50 | 0.974 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 15.1, for a target of 15.8 or 16.43
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 15.24 |
| Upside Target | 15.56 |
| Upside 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 | 14.55 |
| Downside Intraday Target | 13.87 |
| Upside Intraday Target | 16.61 |
| Upside Intraday Target | 17.99 |
| Upside Intraday Target | 15.93 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 15.24 | 16.88 | 17.30 | 15.24 | 2.192 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, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Fonar Corporation (FONR)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 17 Fri May 2024 | 15.24 | 15.88 | 17.79 | 15.24 | 0.753 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 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 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 gaining momentum.
MACD generated a SELL signal for Fonar Corporation in short term and the sell signal is strong.
Fonar Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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
Although the stock is in the BUY zone, but buying 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 16.46 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 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 gaining momentum.
MACD generated a SELL signal for Fonar Corporation in short term and the sell signal is strong.
Fonar Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
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
Although the stock is in the BUY zone, but buying 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 16.46 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.