Fs Bancorp's 15min chart: MACD Death Cross, KDJ Death Cross, Bearish Marubozu

Based on the 15-minute chart of Fs Bancorp, a significant technical event has occurred, as the MACD Death Cross and KDJ Death Cross have been triggered at 09/12/2025 15:45. Furthermore, the presence of a Bearish Marubozu candlestick pattern indicates a potential continuation of downward movement in the stock price. The momentum of the stock price is shifting towards the downside, and there is a high probability that the stock price will further decrease. Sellers are currently in control of the market, and this bearish momentum is likely to persist.

FONAR Corporation (NASDAQ: FONR), a leading innovator in Magnetic Resonance Imaging (MRI) technology, reported mixed financial results for fiscal 2025. The company's total revenues increased by 1% to $104.4 million, while 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. Key financial metrics include diluted EPS of $1.23 (down 20%), cash and equivalents of $56.3 million, and working capital growth of 4% to $127.5 million.

Additionally, FONAR has seen significant developments in its corporate governance. The company appointed Robert M. Carrino as an independent director to its board, replacing retiring director Claudette J.V. Chan . Carrino brings extensive public accounting experience and leads the firm's SPAC practice.

In a notable move, FONAR has received a supplemental "take private" proposal from a group led by Timothy Damadian. The Proposed Acquisition Group aims to acquire all outstanding shares not currently owned by them at $17.25 per share in cash. This offer represents a 27% premium over the 90-day average closing price ending June 30, 2025 . A Special Committee of independent directors will review the proposal with financial and legal advisors to determine the best course of action for FONAR and its shareholders.

Technically, FONAR's stock experienced a significant event on September 12, 2025, at 15:45, with the triggering of both the MACD Death Cross and KDJ Death Cross. The presence of a Bearish Marubozu candlestick pattern indicates a potential continuation of downward movement in the stock price. This suggests that sellers are currently in control of the market, and the bearish momentum is likely to persist .