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(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.

10 day averaged volume of Fonar Corporation is 7950

Date Daily Closing Price Open High Low Volume
30 Thu Mar 2023 16.09 15.43 16.13 15.30 1.22 times
29 Wed Mar 2023 15.52 15.64 15.74 15.27 1.069 times
28 Tue Mar 2023 15.40 15.65 15.65 15.25 1.648 times
27 Mon Mar 2023 15.40 15.57 15.74 15.35 1.711 times
24 Fri Mar 2023 15.63 15.50 15.77 15.50 0.302 times
23 Thu Mar 2023 15.54 15.81 16.16 15.54 0.654 times
22 Wed Mar 2023 15.81 16.21 16.25 15.81 0.742 times
21 Tue Mar 2023 16.03 15.94 16.34 15.94 0.34 times
20 Mon Mar 2023 15.84 16.01 16.21 15.84 0.868 times
17 Fri Mar 2023 16.10 15.83 16.10 15.50 1.006 times

My analysis of stock is bullish for shortterm, and stock might move up till 16.5 or till 17. Use a stoploss of 16.05 and if this stock hits its stoploss, then it can fall down till 15.63

Share price targets for Fonar Corporation (FONR)

Target Type Value
Downside Target 15.16
Upside Target 16.13
Upside Target 16.71
Upside Target 16.80
Upside Target 16.97
Upside Target 17.16
Upside Target 18.79
Upside Target 18.91
Upside Target 18.93
Upside Target 19.00

Intraday share price targets for Fonar Corporation (FONR)

Target Type Value
Downside Intraday Target 15.52
Downside Intraday Target 14.94
Upside Intraday Target 16.4
Upside Intraday Target 16.7
Downside Intraday Target 15.82

Weekly technical analysis of Fonar Corporation (FONR)

Date Weekly Closing Price Open High Low Volume
30 Thu Mar 2023 16.09 15.57 16.13 15.25 1.944 times
24 Fri Mar 2023 15.63 16.01 16.34 15.50 0.415 times
17 Fri Mar 2023 16.10 16.01 16.97 15.16 1.255 times
10 Fri Mar 2023 16.20 16.70 16.71 16.20 1.042 times
03 Fri Mar 2023 16.66 17.06 17.16 16.30 1.936 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
30 Thu Mar 2023 16.09 16.50 16.97 15.16 0.957 times
28 Tue Feb 2023 16.80 18.17 18.79 16.80 0.551 times
31 Tue Jan 2023 18.03 16.73 19.00 16.70 0.907 times
30 Fri Dec 2022 16.75 18.93 18.93 16.51 0.739 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)

Indicator Name Indicator Value Indicator Signal
ADX 17, 27, 24 Sell
MACD -1, -1Buy
Stochastics 41None
CCI 28Buy
RSI 46Sell
OBV -3800Sell
VWAP 16Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

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 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 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 losing 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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red 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 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 15.69 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart

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