(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 2024-08-30 View latest technical analysis
10 day averaged volume of Fonar Corporation is 7850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 17.39 | 17.22 | 17.40 | 17.22 | 1.021 times |
| 30 Fri Aug 2024 | 17.39 | 17.22 | 17.40 | 17.22 | 1.032 times |
| 29 Thu Aug 2024 | 17.16 | 17.23 | 17.35 | 17.16 | 0.916 times |
| 28 Wed Aug 2024 | 17.33 | 17.25 | 17.46 | 17.25 | 1.363 times |
| 27 Tue Aug 2024 | 17.33 | 17.32 | 17.38 | 17.25 | 0.828 times |
| 26 Mon Aug 2024 | 17.35 | 17.29 | 17.49 | 17.27 | 1.873 times |
| 23 Fri Aug 2024 | 17.25 | 17.23 | 17.30 | 17.00 | 1.785 times |
| 22 Thu Aug 2024 | 17.13 | 16.96 | 17.13 | 16.96 | 0.637 times |
| 21 Wed Aug 2024 | 17.09 | 17.00 | 17.10 | 16.95 | 0.344 times |
| 20 Tue Aug 2024 | 16.96 | 17.05 | 17.09 | 16.95 | 0.611 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.3, but if it comes below 17.3, then a intra day sell could be more profitable.
If you take a sell trade below 17.3, then use 17.3 as stoploss and 17 as target. However if you take a buy trade in stock , then use 17.3 as stoploss and 17.6 as target.
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 |
| Downside Target | 17.30 |
| Upside Target | 17.40 |
| Upside Target | 17.49 |
| Upside Target | 17.79 |
| Upside Target | 17.90 |
| 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 | 17.27 |
| Downside Intraday Target | 17.16 |
| Upside Intraday Target | 17.45 |
| Upside Intraday Target | 17.52 |
| Downside Intraday Target | 17.34 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Fri Aug 2024 | 17.39 | 17.22 | 17.40 | 17.22 | 0.17 times |
| 30 Fri Aug 2024 | 17.39 | 17.29 | 17.49 | 17.16 | 1.507 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 |
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 |
| 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 |
| 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 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 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 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 SELL. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fonar Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fonar Corporation in short term
RSI is generating a SELL signal in short term but selling is losing 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 17.27 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.
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 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 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 SELL. 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.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Fonar Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fonar Corporation in short term
RSI is generating a SELL signal in short term but selling is losing 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 17.27 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.