(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.
10 day averaged volume of Fonar Corporation is 20910
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 16.83 | 17.09 | 17.09 | 16.50 | 0.918 times |
| 17 Wed Apr 2024 | 16.52 | 16.80 | 17.13 | 16.52 | 0.741 times |
| 16 Tue Apr 2024 | 16.79 | 17.00 | 17.07 | 16.50 | 0.722 times |
| 15 Mon Apr 2024 | 16.83 | 17.25 | 17.43 | 16.64 | 1.31 times |
| 12 Fri Apr 2024 | 17.16 | 17.64 | 18.58 | 17.09 | 0.947 times |
| 11 Thu Apr 2024 | 17.64 | 18.06 | 18.48 | 17.32 | 1.373 times |
| 10 Wed Apr 2024 | 18.06 | 19.01 | 19.02 | 17.44 | 2.056 times |
| 09 Tue Apr 2024 | 19.10 | 18.74 | 19.88 | 18.74 | 1.578 times |
| 08 Mon Apr 2024 | 18.75 | 19.36 | 20.18 | 18.62 | 0.593 times |
| 05 Fri Apr 2024 | 19.54 | 19.70 | 20.09 | 19.49 | 0.378 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 17.5, but if it comes above 17.5, then a intra day buy could be more profitable.
If you take a sell trade below 17.5, then use 17.5 as stoploss and 15.1 as target. However if you take a buy trade in stock , then use 17.5 as stoploss and 19.43 as target.
Share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Target | 16.50 |
| Upside Target | 17.09 |
| Upside Target | 18.84 |
| Upside Target | 19.35 |
| Upside Target | 20.15 |
| Upside Target | 20.64 |
| Upside Target | 21.25 |
| Upside Target | 21.36 |
| Upside Target | 22.39 |
| Upside Target | 23.41 |
| Upside Target | 24.05 |
Intraday share price targets for Fonar Corporation (FONR)
| Target Type | Value |
| Downside Intraday Target | 16.41 |
| Downside Intraday Target | 15.99 |
| Upside Intraday Target | 17.34 |
| Upside Intraday Target | 17.85 |
| Upside Intraday Target | 16.92 |
Weekly technical analysis of Fonar Corporation (FONR)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Thu Apr 2024 | 16.83 | 17.25 | 17.43 | 16.50 | 0.564 times |
| 12 Fri Apr 2024 | 17.16 | 19.36 | 20.18 | 17.09 | 2.116 times |
| 05 Fri Apr 2024 | 19.54 | 21.25 | 21.25 | 19.35 | 1.345 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 |
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 |
| 18 Thu Apr 2024 | 16.83 | 21.25 | 21.25 | 16.50 | 0.686 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Fonar Corporation in short term and the sell signal is strong.
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 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 17.72 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 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 Strong and stock is losing momentum.
MACD generated a SELL signal for Fonar Corporation in short term and the sell signal is strong.
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 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 17.72 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.