FONAR CORP stock forecast: up to 15.80 USD FONR stock price prognosis

STOCK

Forecast for Fri 17 Dec 2021 price 18.06

FONAR CORP stock price forecast for further price development up to 3.16% (time horizon: 1 day) and price target of 15.80 USD. Negative news sentiment. Short-term (time horizon: 2 weeks) FONAR CORP share price prediction for 2021-12-17 with daily closed price projections

Key Facts

Symbol FONR 

ISIN US3444374058 

CUSIP 344437405


Currency USD


Category Electromedical & Electrotherapeutic Apparatus

Forecast price change %


News sentiment (-0.78)

Finance numbers

Revenue 86,040,000.0


Earnings per share 1.43


On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.

Summerized Form 10-K with GPT-2

Fonar also maintains a website at www.fonar.com. An adjustable bed allows patients to stand, sit or lie on their backs, sides or stomachs. As of June 30, 2020, HMCA manages a total of 35 MRI scanners. The Upright® MRI scanners operate squarely in the optimum C/N range. & We have not licensed, however, any technology relating to Upright® MRI scanning. & X-ray contrasts among the body’s soft tissues are maximally 4%. Their contrast by MRI is 32.5 times greater (130%). & For the most part, however, we have not found it necessary to utilize IDE’s. Either FDA or the manufacturer can initiate recalls. & If they take no action, the court will recommend disposal of the goods. The essential requirements are similar to some of the requirements mandated by the FDA. This includes technologically sophisticated medical equipment. In fiscal 2019, the aggregate amount of management fees was $4,389,498 per month. Three facilities in New York and six facilities in Florida have two or more MRI scanners. Many competitors have greater financial and other resources than HMCA. & Some of these exceptions are also available under the State self-referral laws. HMCA believes that it and its clients are in compliance with these laws. & & The reduced reimbursement rates also affects our sales of MRI scanners negatively. Page 25& & & FONAR CORPORATION AND SUBSIDIARIES & 6.Scanning Facility Competition. 8.Possible changes in Florida Insurance Law.

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/355019/000035501920000051/0000355019-20-000051.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 50.00/100

Institutional ownership list is based on filling form information

Holding name Date Amount
MILLENNIUM MANAGEMENT LLC 2021-03-31 13553
FIRST QUADRANT L P/CA 2021-06-30 1772
BRIDGEWAY CAPITAL MANAGEMENT, LLC 2021-03-31 58000
WINTON GROUP Ltd 2021-03-31 44333
ROYAL BANK OF CANADA (RY, RY-PT, RYMTF) 2021-03-31 6697

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Fidelity Concord Street Trust 2021-05-31 12634 Long
Fidelity Salem Street Trust 2021-04-30 39553 Long
BlackRock Funds 2021-04-30 389 Long
Fidelity Salem Street Trust 2021-04-30 326 Long
Principal Funds, Inc 2021-04-30 730 Long

FONAR CORP Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.


On-Balance Volume information for FONAR CORP. On-Balance Volume information can be an indicator for bullish or bearish outcome.


Accumulation / Distribution (A/D) indicator information for FONAR CORP. The indicator identify divergences between price and volume flow.


Aroon Oscillator information for FONAR CORP. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.


Average Directional Index (ADX) information for FONAR CORP. The index can be used to identify the strengh of a trend.


Moving Average Convergence Divergence (MACD) for FONAR CORP. The indicator helps to predict trend direction and the momentum of the trend.


Stochastic Oscillator as momentum indicator for FONAR CORP. The indicator is useful for identifying overbought and oversold levels.


Relative Strength Index (RSI) for FONAR CORP. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].


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FONAR CORP on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2021-11-01 15.80 2021-10-23 11:21
2021-11-02 15.91 2021-10-23 11:21
2021-11-03 15.99 2021-10-23 11:21
2021-11-04 16.07 2021-10-23 11:21
2021-10-29 15.81 2021-10-23 11:21
2021-11-05 16.19 2021-10-23 11:21
2021-11-08 16.24 2021-10-23 11:21
2021-11-09 16.35 2021-10-23 11:21
2021-10-25 15.46 2021-10-23 11:21
2021-10-26 15.52 2021-10-23 11:21
2021-10-27 15.65 2021-10-23 11:21
2021-10-28 15.76 2021-10-23 11:21
2021-11-23 17.06 2021-10-23 11:21
2021-11-24 17.13 2021-10-23 11:21
2021-11-25 17.20 2021-10-23 11:21
2021-11-26 17.25 2021-10-23 11:21
2021-11-29 17.33 2021-10-23 11:21
2021-11-30 17.38 2021-10-23 11:21
2021-12-01 17.45 2021-10-23 11:21
2021-11-10 16.36 2021-10-23 11:21
2021-11-11 16.43 2021-10-23 11:21
2021-11-12 16.58 2021-10-23 11:21
2021-11-15 16.63 2021-10-23 11:21
2021-11-16 16.71 2021-10-23 11:21
2021-11-17 16.78 2021-10-23 11:21
2021-11-18 16.84 2021-10-23 11:21
2021-11-19 16.91 2021-10-23 11:21
2021-11-22 17.00 2021-10-23 11:21
2021-12-02 17.51 2021-10-23 11:21
2021-12-03 17.56 2021-10-23 11:21
2021-12-06 17.62 2021-10-23 11:21
2021-12-07 17.67 2021-10-23 11:21
2021-12-08 17.73 2021-10-23 11:21
2021-12-09 17.78 2021-10-23 11:21
2021-12-10 17.83 2021-10-23 11:21
2021-12-13 17.87 2021-10-23 11:21
2021-12-14 17.93 2021-10-23 11:21
2021-12-15 17.97 2021-10-23 11:21
2021-12-16 18.01 2021-10-23 11:21
2021-12-17 18.06 2021-10-23 11:21