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Stock Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Fonar Corporation (NASDAQ:FONR)
Long-Term Downtrend (-90) - FONR is in a strong downtrend that is likely to continue. While FONR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid FONR?
MarketClub looks at technical strength and momentum to determine if the timing is right for FONR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for FONR
The long-term trend has been DOWN since Apr 8th, 2024 at 18.84
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 22.06
The short-term trend has been DOWN since Apr 25th, 2024 at 15.90
Smart Scan Analysis for FONR
Based on our trend formula, FONR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.100 | 16.970 | 15.885 | 16.800 | +0.610 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.190 | 16636 | 2024-04-25 15:59:57 |
| Year High | 30.1 | Year High Date | 2018-04-18 |
| Year Low | 21.19 | Year Low Date | 2018-11-27 |
| 52wk High | 24.05 | 52wk High Date | 2024-02-20 |
| 52wk Low | 12.1301 | 52wk Low Date | 2023-10-26 |
| Year End Close | 4.33 | Average Volume | 18,016 |
| Shares Outstanding | 6,764 | Short Interest | 222,492 |
| % Institutional | 18.3 | Market Cap | 157M |
| Assets | 202,262,000M | Liabilities | 38,375,000M |
| P/E Ratio | 9.1263 | Beta | 0.67 |
| Volatility | 40.6 |