(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 2024-04-01 View latest technical analysis
10 day averaged volume of Fonar Corporation is 18120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 20.42 | 21.25 | 21.25 | 20.09 | 1.164 times |
| 28 Thu Mar 2024 | 21.36 | 21.71 | 21.71 | 21.36 | 0.767 times |
| 27 Wed Mar 2024 | 21.79 | 21.75 | 22.10 | 21.55 | 0.337 times |
| 26 Tue Mar 2024 | 21.71 | 21.65 | 22.20 | 21.52 | 0.574 times |
| 25 Mon Mar 2024 | 21.85 | 22.20 | 22.39 | 21.62 | 0.977 times |
| 22 Fri Mar 2024 | 22.28 | 22.20 | 22.39 | 22.11 | 0.927 times |
| 21 Thu Mar 2024 | 22.34 | 22.24 | 22.38 | 21.50 | 1.247 times |
| 20 Wed Mar 2024 | 22.23 | 21.05 | 22.30 | 20.94 | 1.639 times |
| 19 Tue Mar 2024 | 21.14 | 21.75 | 21.90 | 21.11 | 1.821 times |
| 18 Mon Mar 2024 | 21.61 | 21.90 | 21.90 | 21.48 | 0.756 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 20.6, for a target of 21.5 or 22.17
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 18.84 |
| Downside Target | 19.44 |
| Downside Target | 20.09 |
| Upside Target | 20.64 |
| Upside Target | 21.72 |
| Upside Target | 22.30 |
| Upside Target | 22.39 |
| Upside Target | 23.00 |
| Upside Target | 23.41 |
| Upside Target | 24.05 |
Intraday share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Intraday Target | 19.92 |
| Downside Intraday Target | 19.43 |
| Upside Intraday Target | 21.08 |
| Upside Intraday Target | 21.75 |
| Upside Intraday Target | 20.59 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Mon Apr 2024 | 20.42 | 21.25 | 21.25 | 20.09 | 0.439 times |
| 28 Thu Mar 2024 | 21.36 | 22.20 | 22.39 | 21.36 | 0.415 times |
| 22 Fri Mar 2024 | 22.28 | 21.90 | 22.39 | 20.94 | 0.93 times |
| 15 Fri Mar 2024 | 21.89 | 22.68 | 23.00 | 21.72 | 1.276 times |
| 08 Fri Mar 2024 | 22.65 | 22.48 | 23.41 | 22.30 | 1.39 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 |
| 01 Mon Apr 2024 | 20.42 | 21.25 | 21.25 | 20.09 | 0.052 times |
| 28 Thu Mar 2024 | 21.36 | 22.30 | 23.41 | 20.94 | 0.801 times |
| 29 Thu Feb 2024 | 22.27 | 19.62 | 24.05 | 19.44 | 2.052 times |
| 31 Wed Jan 2024 | 19.56 | 19.57 | 20.15 | 18.84 | 0.71 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Fonar Corporation in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fonar Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 21.66 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 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Strong and stock is gaining momentum.
MACD generated a SELL signal for Fonar Corporation in short term but the sell signal is initial and weak.
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. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Fonar Corporation in short term and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 21.66 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.