FONAR CORP (FONR)

US3444374058 - Common Stock

15.16  +0.03 (+0.2%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to FONR. FONR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, FONR is a bad performer in the overall market: 79% of all stocks are doing better.
FONR is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FONR is lagging the market.
Warning: FONR has an average volume of 17102 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month FONR has a been trading in the 14.53 - 15.74 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
FONR is an average performer in the Health Care Equipment & Supplies industry, it outperforms 45% of 191 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
FONR Weekly chart
FONR Daily chart
Setup Rating and Analysis

8

Although the technical rating is bad, FONR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 15.05, a Stop Loss order could be placed below this zone. 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

14.24

16.63

2 important support areas can be observed.

  • A support zone ranging from 14.94 to 15.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 14.38 to 14.39. This zone is formed by a combination of multiple trend lines in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 15.17 to 15.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 16.46 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
CRS21.05
Mansfield-1.83
10 Day High15.51
10 Day Low14.95
20 Day High15.74
20 Day Low14.53
52 Week High24.05
52 Week Low14.05
Performance
1 Week-1.17%
2 Weeks1.4%
1 Month-3.5%
3 Month-3.38%
6 Month-16.7%
12 Month-20.5%
2 Year-15.92%
3 Year-2.38%
5 Year-28.19%
10 Year49.36%
15 Year924.32%
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)0.02
RSI(14)46.54
LBB14.87
UBB15.41
FONR Daily chart

FONAR CORP

NASDAQ:FONR (1/14/2025, 8:00:01 PM)

15.16

+0.03 (+0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.2%
1 Week-1.17%
2 Weeks1.4%
1 Month-3.5%
3 Month-3.38%
6 Month-16.7%
12 Month-20.5%
2 Year-15.92%
3 Year-2.38%
5 Year-28.19%
10 Year49.36%
15 Year924.32%
Volatility
ATR(14)0.31
ATR(20)%2.18%
ATR Inc-13.18%
Range Today0.21
ADR(20)0.31
ADR(20)%2.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.05
Mansfield-1.83
10 Day High15.51
10 Day Low14.95
20 Day High15.74
20 Day Low14.53
52 Week High24.05
52 Week Low14.05
CS1 End15.05
CR1 Start15.17
Volume & EV
DER(3)7.86%
DER(5)4.53%
Volume3.20K
Volume Incr-37.89%
Vol(5)7.14K
Vol(50)17.10K