(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 2024-10-10 View latest technical analysis
10 day averaged volume of Fonar Corporation is 26940
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 15.51 | 15.67 | 15.75 | 15.30 | 0.999 times |
| 09 Wed Oct 2024 | 15.80 | 15.91 | 15.94 | 15.76 | 0.668 times |
| 08 Tue Oct 2024 | 15.85 | 16.06 | 16.14 | 15.85 | 0.46 times |
| 07 Mon Oct 2024 | 16.06 | 16.25 | 16.29 | 15.85 | 0.883 times |
| 04 Fri Oct 2024 | 16.20 | 15.99 | 16.55 | 15.83 | 0.527 times |
| 03 Thu Oct 2024 | 15.90 | 15.51 | 15.90 | 15.51 | 0.65 times |
| 02 Wed Oct 2024 | 15.84 | 16.02 | 16.02 | 15.42 | 1.006 times |
| 01 Tue Oct 2024 | 15.85 | 16.02 | 16.27 | 15.70 | 1.262 times |
| 30 Mon Sep 2024 | 16.19 | 17.30 | 17.30 | 15.75 | 3.593 times |
| 27 Fri Sep 2024 | 17.51 | 17.72 | 17.89 | 17.51 | 0.434 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 16, but if it comes above 16, then a intra day buy could be more profitable.
If you take a sell trade below 16, then use 16 as stoploss and 15 as target. However if you take a buy trade in stock , then use 16 as stoploss and 16.72 as target.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.91 |
| Downside Target | 15.30 |
| Upside Target | 16.20 |
| Upside Target | 16.84 |
| Upside Target | 17.04 |
| Upside Target | 17.30 |
| 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 | 15.11 |
| Downside Intraday Target | 14.71 |
| Upside Intraday Target | 16.1 |
| Upside Intraday Target | 16.69 |
| Upside Intraday Target | 15.7 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Oct 2024 | 15.51 | 16.25 | 16.29 | 15.30 | 0.428 times |
| 04 Fri Oct 2024 | 16.20 | 17.30 | 17.30 | 15.42 | 3.492 times |
| 27 Fri Sep 2024 | 17.51 | 17.29 | 17.98 | 17.04 | 0.721 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 |
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 Thu Oct 2024 | 15.51 | 16.02 | 16.55 | 15.30 | 0.527 times |
| 30 Mon Sep 2024 | 16.19 | 17.32 | 17.98 | 15.60 | 1.625 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 |
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 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 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 SELL signal for Fonar Corporation in short term and the sell signal is strong.
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 coming down
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 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 16.04 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 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 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 SELL signal for Fonar Corporation in short term and the sell signal is strong.
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 coming down
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 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 16.04 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.