Technical Analysis for FONR - Fonar Corporation

Grade Last Price % Change Price Change
grade C 20.41 0.79% 0.16
FONR closed up 0.79 percent on Friday, May 24, 2019, on 68 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical FONR trend table...

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Fell Below 20 DMA Bearish 0.79%
Fell Below 50 DMA Bearish 0.79%
Down 3 Days in a Row Weakness 0.79%
50 DMA Support Bullish -2.02%
Spinning Top Other -2.02%
Upper Bollinger Band Walk Strength -2.02%
Calm After Storm Range Contraction -3.45%

Older signals for FONR ...

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.
Configure default chart indicators
Basic chart:

Profile
Fonar Corporation engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) medical scanning equipment for the detection and diagnosis of human diseases. It provides Upright Multi-positional MRI scanners, which allow patients to be scanned in a weight-bearing condition, such as standing, sitting, or bending in any position that causes symptoms; and FONAR 360 MRI scanner, a diagnostic scanner. The company, through its wholly owned subsidiary, Health Management Corporation of America, also offers management services to diagnostic imaging facilities consisting of development, administration, and leasing of office space, facilities, and medical equipment; provision of supplies; staffing, training, and supervision of non-medical personnel; legal services; accounting, billing, and collection; and the development and implementation of practice growth and marketing strategies. It serves private diagnostic imaging centers and hospitals. As of June 30, 2012, the company managed 11 diagnostic imaging facilities located in the states of New York and Florida. Fonar Corporation was founded in 1978 and is based in Melville, New York.
Medicine Applied Sciences Medical Imaging Diagnostic Imaging Magnetic Resonance Imaging MRI Human Diseases Legal Services Diagnostic Imaging Centers Scanner
Is FONR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 2 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 28.8
52 Week Low 18.98
Average Volume 28,217
200-Day Moving Average 22.3847
50-Day Moving Average 20.6106
20-Day Moving Average 20.36
10-Day Moving Average 20.792
Average True Range 0.7169
ADX 18.8
+DI 14.8083
-DI 14.7644
Chandelier Exit (Long, 3 ATRs ) 19.4993
Chandelier Exit (Short, 3 ATRs ) 21.6507
Upper Bollinger Band 21.4261
Lower Bollinger Band 19.2939
Percent B (%b) 0.52
BandWidth 10.472495
MACD Line 0.0982
MACD Signal Line 0.064
MACD Histogram 0.0343
Fundamentals Value
Market Cap 130.93 Million
Num Shares 6.42 Million
EPS 2.92
Price-to-Earnings (P/E) Ratio 6.99
Price-to-Sales 2.23
Price-to-Book 2.72
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 20.98
Resistance 3 (R3) 20.98 20.78 20.89
Resistance 2 (R2) 20.78 20.64 20.79 20.85
Resistance 1 (R1) 20.60 20.55 20.60 20.60 20.82
Pivot Point 20.40 20.40 20.41 20.41 20.40
Support 1 (S1) 20.22 20.26 20.22 20.22 20.00
Support 2 (S2) 20.02 20.17 20.03 19.97
Support 3 (S3) 19.84 20.02 19.94
Support 4 (S4) 19.84