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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.

Open High Low FONR Price Change
19.17 19.36 19.02 19.03 -0.12
Entry Signal

MarketClub’s Trade Triangles for FONR

long term up The long-term trend has been UP since Nov 15th, 2023 at 17.250

intermediate term up The intermediate-term trend has been UP since Nov 14th, 2023 at 14.375

short term down 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).

Smart Scan Analysis for FONR
Strong Downtrend Sideways 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 High30.1Year High Date2018-04-18
Year Low21.19Year Low Date2018-11-27
52wk High20.1852wk High Date2023-11-28
52wk Low12.130152wk Low Date2023-10-26
Year End Close4.33Average Volume36,402
Shares Outstanding6,834Short Interest222,492
% Institutional18.3Market Cap157M
P/E Ratio14.5076Beta0.67
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