US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 dayBullish80%
Daily Upside probability 80%Bullish

FAST 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $47.3 and reclaim $52.91.

Invalidation Trigger

Lose $47.3 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 56.4, MACD 0.126

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.47 (2.83%)

Daily

EMA Structure

Bullish
EMA 8$51.77Bullish
EMA 21$51.11Bullish
EMA 50$50.26Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.4 · MACD 0.126

Momentum is strong

Strength
Bullish
Volatility
ATR $1.47 · BB 6.74%

Medium volatility

Strength
Range
Volume
MFI 52.4 · OBV 21.35%

Relative to 20-period average volume

Strength
Range
Price Levels
$47.3 - $52.91

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.9% · 1.7 ATR above latest close

$54.38
Nearest resistance

+2.06% · 0.7 ATR above · 34-bar high

$52.91
Current price

Price shown is delayed

$51.84
Nearest support

-8.76% · 3.1 ATR below · 34-bar low

$47.3
Deeper support zone

-11.59% · 4.1 ATR below latest close

$45.83
ATR zone

Latest close ± ATR14

$50.37 - $53.31

Indicators

Trend

Dow Theory Structure

Confirmation $52.82, invalidation $47.3

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.4 / 19.3 / 23.9Bearish
Supertrend (10,3)

Price is above Supertrend

$47.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.11 / $50.11Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

Medium volatility

$1.47 (2.83%)Range
Bollinger Bands (20,2)

Width 6.74%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$54.42 / $47.88Range
ATR channel lower / upper

Current Volatility Envelope

$50.37 / $53.31Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.91Range
Support

Nearest Downside Decision Level

$47.3Range

Momentum

RSI (14)

Momentum is strong

56.4Bullish
MACD (12,26,9)

Histogram is positive

0.126Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.9 / 90.6Bearish
Williams %R (14)

Overbought zone

-19.1Bearish
CCI (20)

Strong expansion

146.1Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

52.4Range
OBV slope

20-period OBV slope

21.35%Bullish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Trend

Dow Theory Structure

Confirmation $52.82, invalidation $47.3

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

23.4 / 19.3 / 23.9Bearish
Supertrend (10,3)

Price is above Supertrend

$47.47Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.11 / $50.11Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

56.4Bullish
MACD (12,26,9)

Histogram is positive

0.126Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.9 / 90.6Bearish
Williams %R (14)

Overbought zone

-19.1Bearish
CCI (20)

Strong expansion

146.1Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

Medium volatility

$1.47 (2.83%)Range
Bollinger Bands (20,2)

Width 6.74%

76%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$54.42 / $47.88Range
ATR channel lower / upper

Current Volatility Envelope

$50.37 / $53.31Range

Volume / Money Flow

MFI (14)

Money flow is neutral

52.4Range
OBV slope

20-period OBV slope

21.35%Bullish
Volume ratio

Relative to 20-period average volume

0.40xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.91Range
Support

Nearest Downside Decision Level

$47.3Range

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