(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 2024-08-20 View latest technical analysis
10 day averaged volume of Fonar Corporation is 6253
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 16.96 | 17.05 | 17.09 | 16.95 | 0.768 times |
| 19 Mon Aug 2024 | 17.06 | 16.85 | 17.06 | 16.85 | 0.768 times |
| 16 Fri Aug 2024 | 16.88 | 16.95 | 16.99 | 16.81 | 0.977 times |
| 15 Thu Aug 2024 | 16.90 | 16.80 | 16.90 | 16.75 | 0.912 times |
| 14 Wed Aug 2024 | 16.75 | 16.50 | 16.75 | 16.34 | 0.947 times |
| 13 Tue Aug 2024 | 16.50 | 16.50 | 16.71 | 16.40 | 1.391 times |
| 12 Mon Aug 2024 | 16.57 | 16.75 | 16.81 | 16.57 | 1.119 times |
| 09 Fri Aug 2024 | 16.79 | 16.72 | 16.88 | 16.72 | 0.224 times |
| 08 Thu Aug 2024 | 16.88 | 16.73 | 16.89 | 16.73 | 0.616 times |
| 07 Wed Aug 2024 | 16.70 | 16.58 | 17.00 | 16.58 | 1.811 times |
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 16.6 as stoploss in an intra day buy trade for a target of 17.42. However, stock will show a bearish move below 16.6.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 14.91 |
| Downside Target | 15.66 |
| Downside Target | 16.23 |
| Upside Target | 17.79 |
| Upside Target | 17.90 |
| Upside Target | 18.00 |
| 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 | 16.84 |
| Downside Intraday Target | 16.73 |
| Upside Intraday Target | 17.08 |
| Upside Intraday Target | 17.21 |
| Upside Intraday Target | 16.97 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Tue Aug 2024 | 16.96 | 16.85 | 17.09 | 16.85 | 0.287 times |
| 16 Fri Aug 2024 | 16.88 | 16.75 | 16.99 | 16.34 | 0.492 times |
| 09 Fri Aug 2024 | 16.79 | 17.80 | 17.90 | 16.55 | 2.297 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 |
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 |
| 20 Tue Aug 2024 | 16.96 | 18.23 | 18.64 | 16.34 | 0.44 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Fonar Corporation in short term and the sell signal is strong.
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. Bulls 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 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
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 16.76 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Fonar Corporation in short term and the sell signal is strong.
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. Bulls 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 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
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 16.76 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.