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Stock Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

Fonar Corp (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
19.420 20.070 19.230 20.025 +0.735
Entry Signal

MarketClub’s Trade Triangles for FONR

long term down The long-term trend has been DOWN since Oct 8th, 2020 at 20.305

intermediate term up The intermediate-term trend has been UP since Jan 8th, 2021 at 19.470

short term down The short-term trend has been DOWN since Mar 4th, 2021 at 19.560

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
19.420 20.070 19.230 20.025 +0.735
Prev. Close Volume Bid Ask Time
19.290 32018 2021-03-05 15:58:15
Year High30.1Year High Date2018-04-18
Year Low21.19Year Low Date2018-11-27
52wk High26.4952wk High Date2020-09-08
52wk Low1152wk Low Date2020-03-19
Year End Close4.33Average Volume48,257
Shares Outstanding6,937Short Interest222,492
% Institutional18.3Market Cap157M
Assets182,148,000MLiabilities48,317,000M
P/E Ratio18.1981Beta0.67
Volatility40.6
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