(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 2024-09-26 View latest technical analysis
10 day averaged volume of Fonar Corporation is 11120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 17.77 | 17.98 | 17.98 | 17.46 | 1.25 times |
| 25 Wed Sep 2024 | 17.54 | 17.35 | 17.59 | 17.35 | 1.025 times |
| 24 Tue Sep 2024 | 17.29 | 17.12 | 17.46 | 17.04 | 0.773 times |
| 23 Mon Sep 2024 | 17.22 | 17.29 | 17.52 | 17.09 | 0.782 times |
| 20 Fri Sep 2024 | 17.55 | 17.45 | 17.55 | 17.26 | 1.196 times |
| 19 Thu Sep 2024 | 17.40 | 17.51 | 17.51 | 17.33 | 0.576 times |
| 18 Wed Sep 2024 | 17.40 | 17.98 | 17.98 | 17.35 | 1.079 times |
| 17 Tue Sep 2024 | 17.55 | 17.09 | 17.80 | 17.09 | 3.516 times |
| 16 Mon Sep 2024 | 17.18 | 16.78 | 17.18 | 16.55 | 0.405 times |
| 13 Fri Sep 2024 | 16.82 | 16.43 | 16.84 | 16.43 | 0.342 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.5, but if it comes below 17.5, then a intra day sell could be more profitable.
If you take a sell trade below 17.5, then use 17.5 as stoploss and 17.01 as target. However if you take a buy trade in stock , then use 17.5 as stoploss and 18.1 as target.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 14.91 |
| Downside Target | 15.60 |
| Downside Target | 16.20 |
| Downside Target | 17.38 |
| Downside Target | 17.40 |
| Upside Target | 17.79 |
| Upside Target | 17.98 |
| Upside Target | 18.64 |
| Upside Target | 18.68 |
Intraday share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Intraday Target | 17.21 |
| Downside Intraday Target | 16.66 |
| Upside Intraday Target | 18.15 |
| Upside Intraday Target | 18.54 |
| Downside Intraday Target | 17.6 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Thu Sep 2024 | 17.77 | 17.29 | 17.98 | 17.04 | 0.566 times |
| 20 Fri Sep 2024 | 17.55 | 16.78 | 17.98 | 16.55 | 2.677 times |
| 13 Fri Sep 2024 | 16.82 | 16.60 | 16.84 | 16.20 | 0.374 times |
| 06 Fri Sep 2024 | 16.49 | 17.32 | 17.38 | 15.60 | 9.381 times |
| 30 Fri Aug 2024 | 17.39 | 17.22 | 17.40 | 17.22 | 0.17 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 |
| 26 Thu Sep 2024 | 17.77 | 17.32 | 17.98 | 15.60 | 1.09 times |
| 30 Fri Aug 2024 | 17.39 | 18.23 | 18.64 | 16.34 | 0.709 times |
| 31 Wed Jul 2024 | 18.48 | 16.00 | 18.68 | 15.78 | 0.84 times |
| 28 Fri Jun 2024 | 16.00 | 15.59 | 16.23 | 14.91 | 0.541 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 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 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 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.
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
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 17.47 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 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 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 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.
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
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 17.47 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.