(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 2024-05-23 View latest technical analysis
10 day averaged volume of Fonar Corporation is 41745
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 15.31 | 15.23 | 15.45 | 15.20 | 0.539 times |
| 22 Wed May 2024 | 15.47 | 14.52 | 15.50 | 14.42 | 1.859 times |
| 21 Tue May 2024 | 14.41 | 14.54 | 14.90 | 14.05 | 1.514 times |
| 20 Mon May 2024 | 14.39 | 15.24 | 15.24 | 14.39 | 1.418 times |
| 17 Fri May 2024 | 15.24 | 15.76 | 15.97 | 15.24 | 0.788 times |
| 16 Thu May 2024 | 15.71 | 16.17 | 16.22 | 15.40 | 0.681 times |
| 15 Wed May 2024 | 16.27 | 16.72 | 16.84 | 15.92 | 1.754 times |
| 14 Tue May 2024 | 16.45 | 16.19 | 16.65 | 15.94 | 0.733 times |
| 13 Mon May 2024 | 16.24 | 16.88 | 17.30 | 16.24 | 0.623 times |
| 10 Fri May 2024 | 16.88 | 17.24 | 17.30 | 16.86 | 0.381 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 15.2 as stoploss in an intra day buy trade for a target of 16.14. However, stock will show a bearish move below 15.2.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 15.24 |
| Upside Target | 16.40 |
| Upside Target | 16.80 |
| 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 | 14.41 |
| Downside Intraday Target | 13.5 |
| Upside Intraday Target | 15.86 |
| Upside Intraday Target | 16.4 |
| Downside Intraday Target | 14.95 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Thu May 2024 | 15.31 | 15.24 | 15.50 | 14.05 | 1.164 times |
| 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 |
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 |
| 23 Thu May 2024 | 15.31 | 15.88 | 17.79 | 14.05 | 1.284 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Fonar Corporation in short term and the sell signal is strong.
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 coming down
CCI has generated a buy signal for Fonar Corporation in short term but BUY signal is weak.
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 15.46 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 SELL signal for Fonar Corporation in short term and the sell signal is strong.
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 coming down
CCI has generated a buy signal for Fonar Corporation in short term but BUY signal is weak.
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 15.46 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.