The 15-minute chart for Service has triggered both a MACD Death Cross and a KDJ Death Cross at 09/12/2025 15:30. This indicates that the stock price has the potential to continue falling, with the momentum shifting towards the downside and potentially leading to further decreases.
Fonar Corporation (FONR), a leading innovator in MRI technology, has seen its stock price face significant challenges. On September 12, 2025, at 15:30, the 15-minute chart for Fonar triggered both a MACD Death Cross and a KDJ Death Cross. These technical indicators suggest that the stock price may continue to decline, with momentum shifting towards the downside.
The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. A MACD Death Cross occurs when the MACD line crosses below the signal line, indicating a potential reversal in the stock's trend. Similarly, the KDJ (Kaufman Adaptive Moving Average) indicator is a momentum oscillator that measures the relationship between the fast and slow moving averages. A KDJ Death Cross occurs when the KDJ line crosses below the signal line, signaling a potential downtrend.
These technical signals come amidst Fonar's mixed financial results for fiscal 2025. The company reported a 1% increase in total revenues to $104.4 million, but net income decreased by 24% to $10.7 million
Fonar Corp Stock Price, News & Analysis[1]. The diagnostic imaging subsidiary, HMCA, achieved a record scan volume of 216,317 scans, up 3.3% from the previous year
Fonar Corp Stock Price, News & Analysis[1].
Additionally, Fonar has been exploring potential "take private" transactions. On July 7, 2025, the company received a non-binding "take private" proposal from a group led by Timothy Damadian, with an offer of $17.25 per share, representing a 27% premium over the 90-day average closing price . The company emphasized that this is a preliminary proposal and no decisions have been made. Despite these developments, the stock price has been volatile, with the current stock price at $15.7 as of September 11, 2025 .
Investors should closely monitor Fonar's financial performance and technical indicators to make informed decisions. The MACD and KDJ Death Crosses suggest a potential downtrend, but further analysis is needed to assess the stock's long-term prospects.
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