(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 2024-06-14 View latest technical analysis
10 day averaged volume of Fonar Corporation is 19930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 15.05 | 15.00 | 15.33 | 15.00 | 0.291 times |
| 13 Thu Jun 2024 | 15.00 | 15.49 | 15.61 | 15.00 | 1.716 times |
| 12 Wed Jun 2024 | 15.48 | 15.71 | 15.84 | 15.31 | 0.562 times |
| 11 Tue Jun 2024 | 15.20 | 15.17 | 15.40 | 15.10 | 0.457 times |
| 10 Mon Jun 2024 | 15.28 | 15.06 | 15.41 | 15.06 | 0.838 times |
| 07 Fri Jun 2024 | 15.67 | 15.55 | 15.92 | 15.55 | 1.159 times |
| 06 Thu Jun 2024 | 15.55 | 15.60 | 15.70 | 15.31 | 0.597 times |
| 05 Wed Jun 2024 | 15.67 | 15.45 | 15.81 | 15.45 | 0.592 times |
| 04 Tue Jun 2024 | 15.45 | 15.05 | 15.91 | 15.05 | 1.279 times |
| 03 Mon Jun 2024 | 15.07 | 15.59 | 15.90 | 14.91 | 1.887 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 14.9 as stoploss in an intra day buy trade for a target of 15.3. However, stock will show a bearish move below 14.9.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 14.91 |
| Upside Target | 15.92 |
| 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 | 14.75 |
| Downside Intraday Target | 14.46 |
| Upside Intraday Target | 15.59 |
| Upside Intraday Target | 16.14 |
| Upside Intraday Target | 15.3 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Fri Jun 2024 | 15.05 | 15.06 | 15.84 | 15.00 | 0.701 times |
| 07 Fri Jun 2024 | 15.67 | 15.59 | 15.92 | 14.91 | 1.191 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 |
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 Fri Jun 2024 | 15.05 | 15.59 | 15.92 | 14.91 | 0.297 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Fonar Corporation in short term but the buy signal is initial and weak.
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 moving up
CCI has generated a SELL signal for Fonar Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 15.3 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Fonar Corporation in short term but the buy signal is initial and weak.
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 moving up
CCI has generated a SELL signal for Fonar Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 15.3 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.