US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 dayRange53%
Daily Range probability 94%Range

FAST 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $43.26 - $49.01 with volume.

Invalidation Trigger

A trend close outside the ATR band changes the range thesis.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 45.3, MACD -0.193

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.28 (2.79%)

Daily

EMA Structure

Bullish
EMA 8$46.79Bearish
EMA 21$46.68Bearish
EMA 50$46.07Bearish

Signals

CategoryReadStrength
Momentum
RSI 45.3 · MACD -0.193

Neutral zone

Strength
Bearish
Volatility
ATR $1.28 · BB 8.51%

Medium volatility

Strength
Range
Volume
MFI 68.8 · OBV 9.47%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$43.26 - $49.01

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.94% · 3.6 ATR above latest close

$50.29
Nearest resistance

+7.15% · 2.6 ATR above · 34-bar high

$49.01
Current price

Price shown is delayed

$45.74
Nearest support

-5.42% · 1.9 ATR below · 34-bar low

$43.26
Deeper support zone

-8.21% · 2.9 ATR below latest close

$41.98
ATR zone

Latest close ± ATR14

$44.46 - $47.02

Indicators

Trend

Dow Theory Structure

Confirmation $48.83, invalidation $46.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

14.2 / 18.7 / 26.0Bearish
Supertrend (10,3)

Price is above Supertrend

$42.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.9 / $45.96Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Volatility

ATR (14)

Medium volatility

$1.28 (2.79%)Range
Bollinger Bands (20,2)

Width 8.51%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.37 / $44.03Range
ATR channel lower / upper

Current Volatility Envelope

$44.46 / $47.02Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.01Range
Support

Nearest Downside Decision Level

$43.26Range

Momentum

RSI (14)

Neutral zone

45.3Range
MACD (12,26,9)

Histogram is negative

-0.193Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.9 / 36.8Bearish
Williams %R (14)

Oversold zone

-80.1Bullish
CCI (20)

Balanced zone

-26.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.8Bullish
OBV slope

20-period OBV slope

9.47%Bullish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Trend

Dow Theory Structure

Confirmation $48.83, invalidation $46.04

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is moderate

14.2 / 18.7 / 26.0Bearish
Supertrend (10,3)

Price is above Supertrend

$42.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.9 / $45.96Bearish
Donchian Channel (20)

20-period breakout channel position

25%Range

Momentum

RSI (14)

Neutral zone

45.3Range
MACD (12,26,9)

Histogram is negative

-0.193Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.9 / 36.8Bearish
Williams %R (14)

Oversold zone

-80.1Bullish
CCI (20)

Balanced zone

-26.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$1.28 (2.79%)Range
Bollinger Bands (20,2)

Width 8.51%

24%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.37 / $44.03Range
ATR channel lower / upper

Current Volatility Envelope

$44.46 / $47.02Range

Volume / Money Flow

MFI (14)

Money flow is strong

68.8Bullish
OBV slope

20-period OBV slope

9.47%Bullish
Volume ratio

Relative to 20-period average volume

1.28xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.01Range
Support

Nearest Downside Decision Level

$43.26Range

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