FONAR CORP (FONR) Technical Analysis
NASDAQ:FONR • US3444374058
Current stock price
FONR Technical Rating and Analysis
Overall FONR gets a technical rating of 10 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.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, FONR did better than 82% of all other stocks. On top of that, FONR also shows a nice and consistent pattern of rising prices.
- FONR is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 88% of 187 stocks in the same industry.
- 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.
- In the last month FONR has a been trading in a tight range between 18.56 and 18.95.
- Volume is considerably higher in the last couple of days.
FONR Weekly and Daily overview Charts
FONR Setup Rating and Analysis
FONR has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
FONR Support and Resistance Analysis
14.94
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.34 to 18.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.46 from a trend line in the weekly time frame.
- Support @15.09 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.94 to 18.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
FONR Technical Indicator Signal Analysis
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 | 82 | POSITIVE | FONR has a high relative strength, it outperformed 82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FONR is above the rising 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) | 79.24 | OVERBOUGHT | The high RSI value suggests FONR may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests FONR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.48 | OVERBOUGHT | The high Stochastics value suggests FONR may be overbought. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for FONR suggests low volalility. |
| Average Directional Index/ADX (14) | 55.48 | POSITIVE | The high ADX value value for FONR suggests a strong trend. |
FONR Chart- and CandleStick Pattern Analysis
FONR Example Setup
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 |
|---|---|---|---|
| 18.96 | 18.77 | 0.19 (1.00%) | 25.00% |
| An entry @18.96. This is a Buy Stop order right above the resistance zone. | An exit @18.77. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.19 points, which is 1.00%. | For a 0.25% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
FONR Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:FONR (5/1/2026, 8:00:01 PM)
18.93
0 (0%)
FONAR CORP / FONR TA FAQ
Can you provide the ChartMill technical rating for FONAR CORP?
ChartMill assigns a technical rating of 10 / 10 to FONR.
What is the current trend direction of FONAR CORP (FONR) stock?
The current trend direction for FONAR CORP (FONR) is Bullish.
What is the RSI signal for FONR stock?
FONAR CORP (FONR) has an RSI value of 79.2435. This indicates that the stock is currently overbought.
Can you provide the short term momentum for FONAR CORP?
The short term momentum for FONAR CORP (FONR) is positive.
Can you provide the support and resistance levels for FONAR CORP?
FONAR CORP (FONR) has a support level at 18.86 and a resistance level at 18.94. Check the full technical report for our detailed analysis of FONR support and resistance levels.