(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 2024-09-20 View latest technical analysis
10 day averaged volume of Fonar Corporation is 11353
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 17.55 | 17.45 | 17.55 | 17.26 | 1.171 times |
| 19 Thu Sep 2024 | 17.40 | 17.51 | 17.51 | 17.33 | 0.564 times |
| 18 Wed Sep 2024 | 17.40 | 17.98 | 17.98 | 17.35 | 1.057 times |
| 17 Tue Sep 2024 | 17.55 | 17.09 | 17.80 | 17.09 | 3.444 times |
| 16 Mon Sep 2024 | 17.18 | 16.78 | 17.18 | 16.55 | 0.396 times |
| 13 Fri Sep 2024 | 16.82 | 16.43 | 16.84 | 16.43 | 0.335 times |
| 12 Thu Sep 2024 | 16.55 | 16.39 | 16.55 | 16.34 | 0.299 times |
| 11 Wed Sep 2024 | 16.41 | 16.24 | 16.41 | 16.20 | 0.467 times |
| 10 Tue Sep 2024 | 16.39 | 16.30 | 16.42 | 16.29 | 0.661 times |
| 09 Mon Sep 2024 | 16.39 | 16.60 | 16.60 | 16.33 | 0.716 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 17.4, but if it comes below 17.4, then a intra day sell could be more profitable.
If you take a sell trade below 17.4, then use 17.4 as stoploss and 16.98 as target. However if you take a buy trade in stock , then use 17.4 as stoploss and 18 as target.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.05 |
| Downside Target | 14.91 |
| Downside Target | 15.60 |
| Downside Target | 16.20 |
| Downside Target | 17.38 |
| Downside Target | 17.40 |
| Downside Target | 17.49 |
| Upside Target | 17.79 |
| Upside Target | 17.98 |
| Upside Target | 18.64 |
| Upside Target | 18.68 |
Intraday share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Intraday Target | 16.74 |
| Downside Intraday Target | 15.93 |
| Upside Intraday Target | 18.17 |
| Upside Intraday Target | 18.79 |
| Downside Intraday Target | 17.36 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 17.55 | 16.78 | 17.98 | 16.55 | 2.677 times |
| 13 Fri Sep 2024 | 16.82 | 16.60 | 16.84 | 16.20 | 0.374 times |
| 06 Fri Sep 2024 | 16.49 | 17.32 | 17.38 | 15.60 | 9.381 times |
| 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 |
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 |
| 20 Fri Sep 2024 | 17.55 | 17.32 | 17.98 | 15.60 | 0.88 times |
| 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 |
Scroll below to view daily charts
Price has moved up 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 Strong 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 tired and bears 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 and selling is picking up 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 17.21 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 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 Strong 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 tired and bears 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 and selling is picking up 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 17.21 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.