(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 2024-06-06 View latest technical analysis
10 day averaged volume of Fonar Corporation is 33050
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 15.55 | 15.60 | 15.70 | 15.31 | 0.36 times |
| 05 Wed Jun 2024 | 15.67 | 15.45 | 15.81 | 15.45 | 0.357 times |
| 04 Tue Jun 2024 | 15.45 | 15.05 | 15.91 | 15.05 | 0.772 times |
| 03 Mon Jun 2024 | 15.07 | 15.59 | 15.90 | 14.91 | 1.138 times |
| 31 Fri May 2024 | 15.59 | 15.41 | 15.77 | 15.41 | 0.551 times |
| 30 Thu May 2024 | 15.56 | 15.49 | 15.86 | 15.30 | 0.46 times |
| 29 Wed May 2024 | 15.27 | 15.51 | 15.51 | 15.14 | 0.938 times |
| 28 Tue May 2024 | 15.53 | 15.50 | 15.54 | 15.40 | 0.844 times |
| 23 Thu May 2024 | 15.31 | 15.23 | 15.45 | 15.20 | 0.681 times |
| 22 Wed May 2024 | 15.47 | 14.52 | 15.50 | 14.42 | 2.348 times |
My analysis of stock is bearish for shortterm, and stock might move down till 14.9 or till 13.9. Use a stoploss of 15.75 and if the stock hits stoploss, then it can shoot up till 16.58
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 14.91 |
| Upside Target | 16.40 |
| Upside Target | 17.30 |
| Upside Target | 17.79 |
| Upside Target | 19.44 |
| 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 |
| Downside Intraday Target | 14.46 |
| Upside Intraday Target | 16 |
| Upside Intraday Target | 16.46 |
| Downside Intraday Target | 15.46 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Thu Jun 2024 | 15.55 | 15.59 | 15.91 | 14.91 | 0.94 times |
| 31 Fri May 2024 | 15.59 | 15.50 | 15.86 | 15.14 | 0.415 times |
| 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 |
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 |
| 06 Thu Jun 2024 | 15.55 | 15.59 | 15.91 | 14.91 | 0.138 times |
| 31 Fri May 2024 | 15.59 | 15.88 | 17.79 | 14.05 | 1.504 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 |
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 buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 15.41 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 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 but SELL signal is weak.
RSI is generating a SELL signal in short term but selling 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 15.41 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.