(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 2024-07-12 View latest technical analysis
10 day averaged volume of Fonar Corporation is 10550
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 16.64 | 16.22 | 16.64 | 16.14 | 1.81 times |
| 11 Thu Jul 2024 | 16.35 | 16.22 | 16.45 | 16.10 | 0.351 times |
| 10 Wed Jul 2024 | 16.15 | 16.23 | 16.36 | 16.08 | 0.427 times |
| 09 Tue Jul 2024 | 16.00 | 16.17 | 16.17 | 16.00 | 0.73 times |
| 08 Mon Jul 2024 | 16.06 | 16.38 | 16.50 | 16.02 | 1.109 times |
| 05 Fri Jul 2024 | 16.50 | 16.27 | 16.50 | 16.01 | 1.801 times |
| 03 Wed Jul 2024 | 16.06 | 16.24 | 16.24 | 15.83 | 0.597 times |
| 03 Wed Jul 2024 | 16.06 | 16.24 | 16.24 | 15.83 | 0.597 times |
| 02 Tue Jul 2024 | 15.90 | 16.18 | 16.28 | 15.84 | 1.033 times |
| 01 Mon Jul 2024 | 16.14 | 16.00 | 16.21 | 15.78 | 2.294 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 16.8, for a target of 16.3 or 15.85
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 14.91 |
| Downside Target | 15.66 |
| Downside Target | 16.28 |
| Downside Target | 16.50 |
| Downside Target | 16.64 |
| 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 | 16.21 |
| Downside Intraday Target | 15.79 |
| Upside Intraday Target | 16.85 |
| Upside Intraday Target | 17.07 |
| Downside Intraday Target | 16.43 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Fri Jul 2024 | 16.64 | 16.38 | 16.64 | 16.00 | 1.846 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 up 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 |
| 12 Fri Jul 2024 | 16.64 | 16.00 | 16.64 | 15.78 | 0.332 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 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 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 neutral. A longer time frame might give a better analysis.
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 and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fonar Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.24 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 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 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 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 neutral. A longer time frame might give a better analysis.
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 and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
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 but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Fonar Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 16.24 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.