Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Fonar Corp.

FONR Technical Analysis Summary (NASDAQ)

Analyze FONR on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

FONR●NASDAQ
HealthcareMedical - Equipment & Services
$19.09
$0.00(0.00%)
U.S. Market opens in 49h 48m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

FONR Technical Analysis Summary (NASDAQ)

Fonar Corp. (NASDAQ: FONR) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 77.74)
Trend Strength:Very Strong (ADX: 47.68)
Volatility:Low (ATR: 0.05)

Technical conditions suggest Fonar Corp. on the NASDAQ is awaiting a decisive move. Technical conditions suggest Fonar Corp. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 77.74

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 86.24

Bearish
Overbought levels may trigger pullback.

Williams %R: -20.63

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.22

Bullish
Steady upward momentum.

Takeaway:Fonar Corp. shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.06

Bullish
Bullish, trend momentum is strengthening.

ADX: 47.68

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.05

Low
Low volatility, stable price action.

CCI (14): 91.66

Bullish
Bullish, momentum building upward.

Takeaway:Fonar Corp. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
-
Middle Band (SMA 20)
-
Lower Band
-
Current Position
Unknown
Keltner Channels
Upper Channel
$19.07
Middle Line (EMA 20)
$18.97
Lower Channel
$18.87
Squeeze Status
Unknown

Takeaway:Fonar Corp. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume20.28K
Money Flow Index96.07Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index39.97Bearish, price momentum favors sellers.

Overall Takeaway:FONR shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Fonar Corp. (NASDAQ: FONR), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Insufficient data to provide a recommendation for Fonar Corp..

(NASDAQ: FONR) Technical Analysis FAQ