(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 2024-08-05 View latest technical analysis
10 day averaged volume of Fonar Corporation is 8932
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 17.02 | 17.80 | 17.90 | 16.71 | 4.881 times |
| 02 Fri Aug 2024 | 18.00 | 18.16 | 18.31 | 18.00 | 0.818 times |
| 01 Thu Aug 2024 | 18.43 | 18.23 | 18.64 | 18.23 | 0.873 times |
| 31 Wed Jul 2024 | 18.48 | 18.33 | 18.48 | 18.32 | 0.459 times |
| 30 Tue Jul 2024 | 18.31 | 18.37 | 18.37 | 18.12 | 0.513 times |
| 29 Mon Jul 2024 | 18.12 | 18.38 | 18.38 | 18.12 | 0.646 times |
| 26 Fri Jul 2024 | 18.53 | 18.32 | 18.53 | 18.32 | 0.649 times |
| 25 Thu Jul 2024 | 18.49 | 18.50 | 18.58 | 18.18 | 1.054 times |
| 24 Wed Jul 2024 | 18.45 | 18.64 | 18.64 | 17.99 | 0.587 times |
| 23 Tue Jul 2024 | 18.52 | 18.09 | 18.68 | 18.09 | 1.232 times |
Stock of Fonar Corporation (FONR) has showed a significant fall. This could be a good time to exit from this stock.
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 16.8 as stoploss in an intra day buy trade for a target of 17.69. However, stock will show a bearish move below 16.8.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 14.91 |
| Downside Target | 15.66 |
| Downside Target | 16.58 |
| Upside Target | 17.79 |
| Upside Target | 18.00 |
| Upside Target | 18.20 |
| Upside Target | 18.64 |
| Upside Target | 18.68 |
| Upside Target | 21.25 |
Intraday share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Intraday Target | 16.52 |
| Downside Intraday Target | 16.02 |
| Upside Intraday Target | 17.71 |
| Upside Intraday Target | 18.4 |
| Upside Intraday Target | 17.21 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 17.02 | 17.80 | 17.90 | 16.71 | 1.475 times |
| 02 Fri Aug 2024 | 18.00 | 18.38 | 18.64 | 18.00 | 0.495 times |
| 26 Fri Jul 2024 | 18.53 | 18.29 | 18.68 | 17.88 | 0.605 times |
| 19 Fri Jul 2024 | 18.20 | 16.60 | 18.20 | 16.58 | 2.116 times |
| 12 Fri Jul 2024 | 16.64 | 16.38 | 16.64 | 16.00 | 1.846 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 |
| 05 Mon Aug 2024 | 17.02 | 18.23 | 18.64 | 16.71 | 0.205 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 |
| 31 Fri May 2024 | 15.59 | 15.88 | 17.79 | 14.05 | 1.504 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 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 to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Fonar Corporation in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 17.81 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 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 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 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 to mid 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Fonar Corporation in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below the green 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 17.81 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.