Technical Analysis for FONR - Fonar Corporation

Grade Last Price % Change Price Change
F 14.89 0.88% 0.13
FONR closed up 0.88 percent on Wednesday, November 20, 2024, on 65 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
NR7-2 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Calm After Storm Range Contraction 0.88%
NR7 Range Contraction 0.88%
Narrow Range Bar Range Contraction 0.88%
Down 3 Days in a Row Weakness 0.88%
Down 4 Days in a Row Weakness 0.88%
BB Squeeze Ended Range Expansion 0.13%

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Profile

Fonar Corporation Description

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.


Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: Medicine Medical Equipment Applied Sciences Medical Imaging Scanner Human Diseases MRI Canning Diagnostic Imaging Magnetic Resonance Magnetic Resonance Imaging Health Management Diagnostic Imaging Centers Legal Services

Is FONR a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 24.05
52 Week Low 14.05
Average Volume 19,340
200-Day Moving Average 17.48
50-Day Moving Average 15.89
20-Day Moving Average 15.19
10-Day Moving Average 15.13
Average True Range 0.43
RSI (14) 42.53
ADX 12.68
+DI 21.24
-DI 23.56
Chandelier Exit (Long, 3 ATRs) 14.77
Chandelier Exit (Short, 3 ATRs) 15.74
Upper Bollinger Bands 15.77
Lower Bollinger Band 14.62
Percent B (%b) 0.23
BandWidth 7.51
MACD Line -0.22
MACD Signal Line -0.22
MACD Histogram 0.0014
Fundamentals Value
Market Cap 96.05 Million
Num Shares 6.45 Million
EPS 1.62
Price-to-Earnings (P/E) Ratio 9.19
Price-to-Sales 1.32
Price-to-Book 0.84
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.18
Resistance 3 (R3) 15.15 15.02 15.13
Resistance 2 (R2) 15.02 14.95 15.04 15.12
Resistance 1 (R1) 14.96 14.90 14.99 14.99 15.10
Pivot Point 14.83 14.83 14.84 14.84 14.83
Support 1 (S1) 14.76 14.75 14.79 14.79 14.68
Support 2 (S2) 14.63 14.70 14.65 14.66
Support 3 (S3) 14.57 14.63 14.65
Support 4 (S4) 14.60