Logo image of FONR

FONAR CORP (FONR) Stock Technical Analysis

NASDAQ:FONR - Nasdaq - US3444374058 - Common Stock - Currency: USD

12.02  -0.18 (-1.48%)

Technical Rating and Analysis

0

Taking everything into account, FONR scores 0 out of 10 in our technical rating. FONR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
81% of all other stocks performed better in the past year than FONR.
FONR is currently making a new 52 week low. This is a very bad signal. FONR is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month FONR has a been trading in the 12.02 - 14.19 range, which is quite wide. It is currently trading near the lows of this range.
Warning: FONR has an average volume of 14074 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
FONR is an average performer in the Health Care Equipment & Supplies industry, it outperforms 43% of 191 stocks in the same industry.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
FONAR CORP / FONR Weekly stock chart
FONAR CORP / FONR Daily stock chart
Setup Rating and Analysis

7

FONR has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.13. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for FONR in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

11.89

16.63

We found 1 important support area.

  • A support zone ranging from 12.01 to 12.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 6 important resistance areas.

  • A resistance zone ranging from 12.13 to 12.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 12.57 to 12.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @13.30 from a trend line in the daily time frame.
  • Resistance @14.95 from a trend line in the weekly time frame.
  • Resistance @15.46 from a trend line in the weekly time frame.
  • A resistance zone ranging from 16.47 to 16.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.08
Mansfield-2.12
10 Day High12.53
10 Day Low12.02
20 Day High14.19
20 Day Low12.02
52 Week High18.68
52 Week Low12.02
Performance
1 Week-1.88%
2 Weeks-2.75%
1 Month-14.99%
3 Month-24.87%
6 Month-21.02%
12 Month-26.12%
2 Year-23.34%
3 Year-32.66%
5 Year-38.36%
10 Year6.18%
15 Year571.51%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)30.53
LBB11.74
UBB12.79
FONAR CORP / FONR Daily stock chart

FONAR CORP

NASDAQ:FONR (4/25/2025, 8:08:43 PM)

12.02

-0.18 (-1.48%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.48%
1 Week-1.88%
2 Weeks-2.75%
1 Month-14.99%
3 Month-24.87%
6 Month-21.02%
12 Month-26.12%
2 Year-23.34%
3 Year-32.66%
5 Year-38.36%
10 Year6.18%
15 Year571.51%
Volatility
ATR(14)0.4
ATR(20)%3.31%
ATR Inc-39.04%
Range Today0.28
ADR(20)0.39
ADR(20)%3.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.08
Mansfield-2.12
10 Day High12.53
10 Day Low12.02
20 Day High14.19
20 Day Low12.02
52 Week High18.68
52 Week Low12.02
CS1 End12.01
CR1 Start12.13
Volume & EV
DER(3)8.48%
DER(5)3.97%
Volume9.40K
Volume Incr142.85%
Vol(5)24.20K
Vol(50)14.07K