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(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 62300

Date Daily Closing Price Open High Low Volume
26 Fri Feb 2021 19.39 19.61 19.93 19.15 0.554 times
25 Thu Feb 2021 19.61 19.60 19.70 19.15 0.897 times
24 Wed Feb 2021 19.56 19.77 20.16 19.49 0.706 times
23 Tue Feb 2021 19.74 19.50 19.99 19.50 0.785 times
22 Mon Feb 2021 19.54 19.29 19.86 19.10 0.997 times
19 Fri Feb 2021 19.39 19.26 19.52 19.11 0.576 times
18 Thu Feb 2021 19.25 19.13 19.47 19.08 0.47 times
17 Wed Feb 2021 19.15 18.72 19.32 18.56 1.194 times
16 Tue Feb 2021 18.65 18.56 18.82 18.36 3.474 times
12 Fri Feb 2021 18.17 18.33 18.50 18.07 0.295 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 19.4 as stoploss in an intra day sell trade for a target of 18.77. However, stock will show a bullish move above 19.4.

Share price targets for Fonar Corporation (FONR)

Target Type Value
Downside Target 16.74
Downside Target 17.31
Downside Target 17.89
Downside Target 18.94
Downside Target 19.10
Upside Target 19.52
Upside Target 19.64
Upside Target 20.16
Upside Target 20.50
Upside Target 22.49

Intraday share price targets for Fonar Corporation (FONR)

Target Type Value
Downside Intraday Target 18.94
Downside Intraday Target 18.49
Upside Intraday Target 20
Upside Intraday Target 20.61
Upside Intraday Target 19.55

Weekly technical analysis of Fonar Corporation (FONR)

Date Weekly Closing Price Open High Low Volume
26 Fri Feb 2021 19.39 19.29 20.16 19.10 0.689 times
19 Fri Feb 2021 19.39 18.56 19.52 18.36 2.521 times
12 Fri Feb 2021 18.17 18.40 18.99 18.06 0.856 times
05 Fri Feb 2021 18.23 17.92 18.50 17.89 1.275 times
29 Fri Jan 2021 17.82 18.27 18.49 17.45 0.718 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
26 Fri Feb 2021 19.39 17.92 20.16 17.89 1.711 times
29 Fri Jan 2021 17.82 17.51 19.64 17.31 0.73 times
31 Thu Dec 2020 17.36 19.45 20.50 16.74 1.863 times
30 Mon Nov 2020 19.21 19.58 20.50 18.36 1.204 times

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Fonar Corporation (FONR)

Indicator Name Indicator Value Indicator Signal
ADX 26, 12, 36 Buy
MACD 0, 0Buy
Stochastics 69None
CCI 44Buy
RSI 51Buy
OBV 406500Sell
VWAP 19Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

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 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

ADX buy sell signal for Fonar Corporation stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Fonar Corporation in short term and the buy signal is strong.

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. 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 coming down

CCI has generated a buy signal for Fonar Corporation in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 19.13 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.

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