FONAR CORP (FONR) Stock Technical Analysis
NASDAQ:FONR • US3444374058
Overall FONR gets a technical rating of 8 out of 10. Both in the recent history as in the last year, FONR has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- FONR is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry. FONR outperforms 89% of them.
- FONR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- FONR is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the yearly performance of all stocks, we notice that FONR is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month FONR has a been trading in a tight range between 18.49 and 18.73.
Besides having an excellent technical rating, FONR also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 18.54, a Stop Loss order could be placed below this zone.
More info and screens
13.92
4 important support areas can be observed.
- A support zone ranging from 18.52 to 18.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.09 from a horizontal line in the daily time frame.
- A support zone ranging from 14.75 to 14.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.06 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.58 to 18.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for FONR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FONR is up. |
| ChartMill Relative Strength | 83.46 | POSITIVE | FONR has a high relative strength, it outperformed 83.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of FONR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of FONR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FONR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.43 | NEUTRAL | The RSI value for FONR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests FONR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.44 | OVERSOLD | The low Stochastics value suggests FONR may be oversold. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for FONR suggests low volalility. |
| Average Directional Index/ADX (14) | 54.04 | POSITIVE | The high ADX value value for FONR suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.59 | 18.51 | 0.08 (0.42%) | 25.00% |
| An entry @18.59. This is a Buy Stop order right above the 10 day moving average. | An exit @18.51. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.08 points, which is 0.42%. | For a 0.11% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of FONR. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:FONR (2/19/2026, 8:01:46 PM)
18.55
+0.03 (+0.16%)
FONAR CORP / FONR FAQ
Can you provide the ChartMill technical rating for FONAR CORP?
ChartMill assigns a technical rating of 8 / 10 to FONR.
What is the current trend direction of FONAR CORP (FONR) stock?
The current trend direction for FONAR CORP (FONR) is Bullish.
Can you provide the RSI signal for FONAR CORP?
FONAR CORP (FONR) has an RSI value of 64.4272. This indicates that the stock is currently neutral.
What is the MACD signal for FONR stock?
The MACD indicator for FONAR CORP (FONR) has a value of -0.109173, indicating a bearish trend.
What is the buy/sell signal for FONAR CORP (FONR) stock?
The buy/sell signal for FONAR CORP (FONR) is buy as both the short term and long term trends are positive.