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Stock Trend Analysis Report

Prepared for you on Monday, December 9, 2024.

Fonar Corporation (NASDAQ:FONR)

Sidelines Mode (+55) - FONR is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_FONR
Open High Low FONR Price Change
16.02 16.03 15.82 15.99 +0.15
Entry Signal

MarketClub’s Trade Triangles for FONR

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 18.84

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2024 at 15.99

short term down The short-term trend has been DOWN since Dec 2nd, 2024 at 16.10

Smart Scan Analysis for FONR

Based on our trend formula, FONR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for FONR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.02 16.03 15.82 15.99 +0.15
Prev. Close Volume Bid Ask Time
15.99 6477 2024-12-06 15:59:12
Year High30.1Year High Date2018-04-18
Year Low21.19Year Low Date2018-11-27
52wk High24.0552wk High Date2024-02-20
52wk Low14.0552wk Low Date2024-05-21
Year End Close4.33Average Volume23,385
Shares Outstanding6,654Short Interest222,492
% Institutional18.3Market Cap157M
Assets212,290,000MLiabilities43,602,000M
P/E Ratio12.1136Beta0.67
Volatility40.6
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