(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 2024-10-15 View latest technical analysis
10 day averaged volume of Fonar Corporation is 22000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 15.64 | 15.39 | 15.99 | 15.39 | 0.591 times |
| 14 Mon Oct 2024 | 15.37 | 15.21 | 15.53 | 15.11 | 0.595 times |
| 11 Fri Oct 2024 | 15.20 | 15.32 | 15.50 | 15.10 | 1.5 times |
| 10 Thu Oct 2024 | 15.51 | 15.67 | 15.75 | 15.30 | 1.223 times |
| 09 Wed Oct 2024 | 15.80 | 15.91 | 15.94 | 15.76 | 0.818 times |
| 08 Tue Oct 2024 | 15.85 | 16.06 | 16.14 | 15.85 | 0.564 times |
| 07 Mon Oct 2024 | 16.06 | 16.25 | 16.29 | 15.85 | 1.082 times |
| 04 Fri Oct 2024 | 16.20 | 15.99 | 16.55 | 15.83 | 0.645 times |
| 03 Thu Oct 2024 | 15.90 | 15.51 | 15.90 | 15.51 | 0.795 times |
| 02 Wed Oct 2024 | 15.84 | 16.02 | 16.02 | 15.42 | 1.232 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 15.6 as stoploss in an intra day buy trade for a target of 16.45. However, stock will show a bearish move below 15.6.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 14.91 |
| Downside Target | 15.42 |
| Upside Target | 16.55 |
| Upside Target | 17.04 |
| Upside Target | 17.30 |
| 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 | 15.17 |
| Downside Intraday Target | 14.7 |
| Upside Intraday Target | 16.05 |
| Upside Intraday Target | 16.46 |
| Downside Intraday Target | 15.58 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 15 Tue Oct 2024 | 15.64 | 15.21 | 15.99 | 15.11 | 0.229 times |
| 11 Fri Oct 2024 | 15.20 | 16.25 | 16.29 | 15.10 | 0.602 times |
| 04 Fri Oct 2024 | 16.20 | 17.30 | 17.30 | 15.42 | 3.492 times |
| 27 Fri Sep 2024 | 17.51 | 17.29 | 17.98 | 17.04 | 0.721 times |
| 20 Fri Sep 2024 | 17.55 | 16.78 | 17.98 | 16.55 | 2.677 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 |
| 15 Tue Oct 2024 | 15.64 | 16.02 | 16.55 | 15.10 | 0.707 times |
| 30 Mon Sep 2024 | 16.19 | 17.32 | 17.98 | 15.60 | 1.625 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fonar Corporation in short term but BUY signal is weak.
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 15.7 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.
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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Fonar Corporation in short term but BUY signal is weak.
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 15.7 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.