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Stock Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

Fonar Corp (NASDAQ:FONR)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_FONR
Open High Low FONR Price Change
21.14 21.14 20.63 20.77 -0.32
Entry Signal

MarketClub’s Trade Triangles for FONR

long term up The long term trend has been UP since Jan 15th, 2020 at 20.94

intermediate term up The intermediate term trend has been UP since Jan 13th, 2020 at 20.20

short term up The short term trend has been UP since Jan 13th, 2020 at 19.72

Smart Scan Analysis for FONR

Based on a pre-defined weighted trend formula for chart analysis, FONR scored +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
21.14 21.14 20.63 20.77 -0.32
Prev. Close Volume Bid Ask Time
19.51 15532 2020-01-17 15:59:30
Year High30.1Year High Date2018-04-18
Year Low21.19Year Low Date2018-11-27
52wk High25.2552wk High Date2019-08-02
52wk Low18.8552wk Low Date2019-05-31
Year End Close4.33Average Volume21,436
Shares Outstanding6,830Short Interest222,492
% Institutional18.3Market Cap157M
Assets166,880,000MLiabilities45,634,000M
P/E Ratio8.8Beta0.67
Volatility40.6
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