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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.

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NASDAQ_FONR
Open High Low FONR Price Change
16.8400 16.8600 16.8400 16.8431 +0.0231
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 down The intermediate-term trend has been DOWN since Jun 14th, 2021 at 17.740

short term down 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).

-100
Smart Scan Analysis for FONR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.8400 16.8600 16.8400 16.8431 +0.0231
Prev. Close Volume Bid Ask Time
16.8200 905 2021-08-05 10:08:03
Year High30.1Year High Date2018-04-18
Year Low21.19Year Low Date2018-11-27
52wk High26.4952wk High Date2020-09-08
52wk Low16.5852wk Low Date2021-05-12
Year End Close4.33Average Volume24,208
Shares Outstanding6,868Short Interest222,492
% Institutional18.3Market Cap157M
Assets185,252,000MLiabilities47,553,000M
P/E Ratio11.8451Beta0.67
Volatility40.6
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