(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 2024-08-29 View latest technical analysis
10 day averaged volume of Fonar Corporation is 7502
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 17.16 | 17.23 | 17.35 | 17.16 | 0.958 times |
| 28 Wed Aug 2024 | 17.33 | 17.25 | 17.46 | 17.25 | 1.426 times |
| 27 Tue Aug 2024 | 17.33 | 17.32 | 17.38 | 17.25 | 0.866 times |
| 26 Mon Aug 2024 | 17.35 | 17.29 | 17.49 | 17.27 | 1.959 times |
| 23 Fri Aug 2024 | 17.25 | 17.23 | 17.30 | 17.00 | 1.868 times |
| 22 Thu Aug 2024 | 17.13 | 16.96 | 17.13 | 16.96 | 0.666 times |
| 21 Wed Aug 2024 | 17.09 | 17.00 | 17.10 | 16.95 | 0.36 times |
| 20 Tue Aug 2024 | 16.96 | 17.05 | 17.09 | 16.95 | 0.64 times |
| 19 Mon Aug 2024 | 17.06 | 16.85 | 17.06 | 16.85 | 0.64 times |
| 16 Fri Aug 2024 | 16.88 | 16.95 | 16.99 | 16.81 | 0.815 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 17.3 as stoploss in an intra day sell trade for a target of 17.01. However, stock will show a bullish move above 17.3.
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 | 17.49 |
| 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 | 17.05 |
| Downside Intraday Target | 16.94 |
| Upside Intraday Target | 17.38 |
| Upside Intraday Target | 17.6 |
| Upside Intraday Target | 17.27 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Aug 2024 | 17.16 | 17.29 | 17.49 | 17.16 | 1.248 times |
| 23 Fri Aug 2024 | 17.25 | 16.85 | 17.30 | 16.85 | 0.937 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 |
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 |
| 29 Thu Aug 2024 | 17.16 | 18.23 | 18.64 | 16.34 | 0.652 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 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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Fonar Corporation in short term and the buy signal is strong.
Fonar Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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 17.21 and Fonar Corporation (FONR) stock is trading below this level. This means that stock is falling with high volumes. 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.
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 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 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 Weak and stock is losing momentum.
MACD generated a BUY signal for Fonar Corporation in short term and the buy signal is strong.
Fonar Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
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 but SELL signal is weak.
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 17.21 and Fonar Corporation (FONR) stock is trading below this level. This means that stock is falling with high volumes. 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.