US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 dayBearish64%
Daily Downside probability 64%Bearish

FAST 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $49.6 and stabilize above resistance $52.92.

Invalidation Trigger

Break above $52.92 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

Daily
Momentum StateBearish
Momentum soft

RSI 48.5, MACD -0.206

Daily
Volatility EnvironmentRange
Low volatility

ATR is $1.08 (2.19%)

Daily

EMA Structure

Range
EMA 8$49.31Bullish
EMA 21$49.6Bearish
EMA 50$48.94Bullish

Signals

CategoryReadStrength
Momentum
RSI 48.5 · MACD -0.206

Neutral zone

Strength
Bearish
Volatility
ATR $1.08 · BB 8.49%

Low volatility

Strength
Range
Volume
MFI 47.3 · OBV 1.49%

Relative to 20-period average volume

Strength
Range
Price Levels
$46.35 - $52.92

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+9.48% · 4.3 ATR above latest close

$54
Nearest resistance

+7.29% · 3.3 ATR above · 34-bar high

$52.92
Current price

Price shown is delayed

$49.32
Nearest support

-6.02% · 2.7 ATR below · 34-bar low

$46.35
Deeper support zone

-8.21% · 3.7 ATR below latest close

$45.27
ATR zone

Latest close ± ATR14

$48.24 - $50.4

Indicators

Trend

Dow Theory Structure

Confirmation $50.42, invalidation $48.06

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

Trend strength is active

32.6 / 16.6 / 34.8Bearish
Supertrend (10,3)

Price is above Supertrend

$46.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.66 / $48.49Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Volatility

ATR (14)

Low volatility

$1.08 (2.19%)Range
Bollinger Bands (20,2)

Width 8.49%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.6 / $47.6Range
ATR channel lower / upper

Current Volatility Envelope

$48.24 / $50.4Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$46.35Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is negative

-0.206Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.2 / 38.9Bullish
Williams %R (14)

Neutral zone

-56.8Range
CCI (20)

Balanced zone

-44.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

1.49%Bullish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Trend

Dow Theory Structure

Confirmation $50.42, invalidation $48.06

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

Trend strength is active

32.6 / 16.6 / 34.8Bearish
Supertrend (10,3)

Price is above Supertrend

$46.46Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.66 / $48.49Bearish
Donchian Channel (20)

20-period breakout channel position

38%Range

Momentum

RSI (14)

Neutral zone

48.5Range
MACD (12,26,9)

Histogram is negative

-0.206Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.2 / 38.9Bullish
Williams %R (14)

Neutral zone

-56.8Range
CCI (20)

Balanced zone

-44.3Range
TD Sequential

Setup is not extreme

buy 3Bullish

Volatility

ATR (14)

Low volatility

$1.08 (2.19%)Range
Bollinger Bands (20,2)

Width 8.49%

33%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.6 / $47.6Range
ATR channel lower / upper

Current Volatility Envelope

$48.24 / $50.4Range

Volume / Money Flow

MFI (14)

Money flow is neutral

47.3Range
OBV slope

20-period OBV slope

1.49%Bullish
Volume ratio

Relative to 20-period average volume

1.41xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$46.35Range

Related Forecasts