(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 2024-07-10 View latest technical analysis
10 day averaged volume of Fonar Corporation is 13400
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 16.15 | 16.23 | 16.36 | 16.08 | 0.336 times |
| 09 Tue Jul 2024 | 16.00 | 16.17 | 16.17 | 16.00 | 0.575 times |
| 08 Mon Jul 2024 | 16.06 | 16.38 | 16.50 | 16.02 | 0.873 times |
| 05 Fri Jul 2024 | 16.50 | 16.27 | 16.50 | 16.01 | 1.418 times |
| 03 Wed Jul 2024 | 16.06 | 16.24 | 16.24 | 15.83 | 0.47 times |
| 03 Wed Jul 2024 | 16.06 | 16.24 | 16.24 | 15.83 | 0.47 times |
| 02 Tue Jul 2024 | 15.90 | 16.18 | 16.28 | 15.84 | 0.813 times |
| 01 Mon Jul 2024 | 16.14 | 16.00 | 16.21 | 15.78 | 1.806 times |
| 28 Fri Jun 2024 | 16.00 | 15.79 | 16.01 | 15.79 | 0.836 times |
| 27 Thu Jun 2024 | 15.77 | 16.01 | 16.23 | 15.62 | 1.515 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 16.1, but if it comes below 16.1, then a intra day sell could be more profitable.
If you take a sell trade below 16.1, then use 16.1 as stoploss and 15.7 as target. However if you take a buy trade in stock , then use 16.1 as stoploss and 16.7 as target.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 14.91 |
| Downside Target | 15.66 |
| Upside Target | 16.28 |
| Upside Target | 16.50 |
| Upside Target | 17.79 |
| Upside Target | 20.94 |
| Upside Target | 21.25 |
| Upside Target | 23.41 |
Intraday share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Intraday Target | 15.93 |
| Downside Intraday Target | 15.72 |
| Upside Intraday Target | 16.43 |
| Upside Intraday Target | 16.72 |
| Upside Intraday Target | 16.22 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Jul 2024 | 16.15 | 16.38 | 16.50 | 16.00 | 0.945 times |
| 05 Fri Jul 2024 | 16.50 | 16.24 | 16.50 | 15.83 | 0.611 times |
| 03 Wed Jul 2024 | 16.06 | 16.00 | 16.28 | 15.78 | 0.495 times |
| 28 Fri Jun 2024 | 16.00 | 15.35 | 16.23 | 15.08 | 2.683 times |
| 21 Fri Jun 2024 | 15.35 | 15.44 | 15.72 | 15.07 | 0.794 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 |
| 10 Wed Jul 2024 | 16.15 | 16.00 | 16.50 | 15.78 | 0.266 times |
| 28 Fri Jun 2024 | 16.00 | 15.59 | 16.23 | 14.91 | 0.541 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 |
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 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a mid to longer 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
ADX buy sell signal for Fonar Corporation stock for short term is BUY. 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Fonar Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 16.08 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 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Fonar Corporation ( (FONR) ) based on a mid to longer 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
ADX buy sell signal for Fonar Corporation stock for short term is BUY. 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. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Fonar Corporation in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 16.08 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 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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.