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Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
Fonar Corporation (NASDAQ:FONR)
Bull Market Weakness (+75) - FONR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on FONR as it may be in the beginning stages of a reversal.
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 UP since Nov 15th, 2023 at 17.250
The intermediate-term trend has been UP since Nov 14th, 2023 at 14.375
The short-term trend has been DOWN since Nov 30th, 2023 at 19.150
Smart Scan Analysis for FONR
Based on our trend formula, FONR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 19.17 | 19.36 | 19.02 | 19.03 | -0.12 |
| Prev. Close | Volume | Bid | Ask | Time |
| 19.03 | 14953 | 2023-11-30 15:59:52 |
| Year High | 30.1 | Year High Date | 2018-04-18 |
| Year Low | 21.19 | Year Low Date | 2018-11-27 |
| 52wk High | 20.18 | 52wk High Date | 2023-11-28 |
| 52wk Low | 12.1301 | 52wk Low Date | 2023-10-26 |
| Year End Close | 4.33 | Average Volume | 36,402 |
| Shares Outstanding | 6,834 | Short Interest | 222,492 |
| % Institutional | 18.3 | Market Cap | 157M |
| Assets | 200,581,887M | Liabilities | 42,675,454M |
| P/E Ratio | 14.5076 | Beta | 0.67 |
| Volatility | 40.6 |