Stock Trend Analysis Report
Prepared for you on Thursday, August 5, 2021.
Fonar Corp (NASDAQ:FONR)
Strong Downtrend (-100) - FONR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. 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.
MarketClub’s Trade Triangles for FONR
The long-term trend has been DOWN since Oct 8th, 2020 at 20.305
The intermediate-term trend has been DOWN since Jun 14th, 2021 at 17.740
The short-term trend has been DOWN since Aug 4th, 2021 at 16.800
Smart Scan Analysis for FONR
Based on our trend formula, FONR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||30.1||Year High Date||2018-04-18|
|Year Low||21.19||Year Low Date||2018-11-27|
|52wk High||26.49||52wk High Date||2020-09-08|
|52wk Low||16.58||52wk Low Date||2021-05-12|
|Year End Close||4.33||Average Volume||24,208|
|Shares Outstanding||6,868||Short Interest||222,492|
|% Institutional||18.3||Market Cap||157M|