US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 dayBearish58%
Daily Downside probability 58%Bearish

FAST 1D chart

EMA21EMA50Bollinger
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Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Recover $50.46 and stabilize above resistance $52.82.

Invalidation Trigger

Break above $52.82 with RSI back above 50.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

Daily
Momentum StateBullish
Momentum improving

RSI 50.3, MACD 0.014

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.5 (2.97%)

Daily

EMA Structure

Bullish
EMA 8$50.77Bearish
EMA 21$50.46Bearish
EMA 50$49.84Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.3 · MACD 0.014

Neutral zone

Strength
Bullish
Volatility
ATR $1.5 · BB 5.03%

Medium volatility

Strength
Range
Volume
MFI 42.8 · OBV 10.94%

Relative to 20-period average volume

Strength
Range
Price Levels
$47.3 - $52.82

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+7.81% · 2.6 ATR above latest close

$54.32
Nearest resistance

+4.84% · 1.6 ATR above · 34-bar high

$52.82
Current price

Price shown is delayed

$50.38
Nearest support

-6.11% · 2.1 ATR below · 34-bar low

$47.3
Deeper support zone

-9.08% · 3.1 ATR below latest close

$45.8
ATR zone

Latest close ± ATR14

$48.88 - $51.88

Indicators

Trend

Dow Theory Structure

Confirmation $47.3, invalidation $51.39

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

36.1 / 15.9 / 26.3Bearish
Supertrend (10,3)

Price is above Supertrend

$46.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.06 / $50.11Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Volatility

ATR (14)

Medium volatility

$1.5 (2.97%)Range
Bollinger Bands (20,2)

Width 5.03%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$53.94 / $47.03Range
ATR channel lower / upper

Current Volatility Envelope

$48.88 / $51.88Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.82Range
Support

Nearest Downside Decision Level

$47.3Range

Momentum

RSI (14)

Neutral zone

50.3Range
MACD (12,26,9)

Histogram is positive

0.014Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.8 / 67.8Bearish
Williams %R (14)

Neutral zone

-44.2Range
CCI (20)

Balanced zone

83.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

10.94%Bullish
Volume ratio

Relative to 20-period average volume

1.77xBullish

Trend

Dow Theory Structure

Confirmation $47.3, invalidation $51.39

downtrend · LH/LLBearish
ADX / +DI / -DI (14)

Trend strength is active

36.1 / 15.9 / 26.3Bearish
Supertrend (10,3)

Price is above Supertrend

$46.12Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.06 / $50.11Bullish
Donchian Channel (20)

20-period breakout channel position

56%Range

Momentum

RSI (14)

Neutral zone

50.3Range
MACD (12,26,9)

Histogram is positive

0.014Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

55.8 / 67.8Bearish
Williams %R (14)

Neutral zone

-44.2Range
CCI (20)

Balanced zone

83.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$1.5 (2.97%)Range
Bollinger Bands (20,2)

Width 5.03%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$53.94 / $47.03Range
ATR channel lower / upper

Current Volatility Envelope

$48.88 / $51.88Range

Volume / Money Flow

MFI (14)

Money flow is weak

42.8Bearish
OBV slope

20-period OBV slope

10.94%Bullish
Volume ratio

Relative to 20-period average volume

1.77xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.82Range
Support

Nearest Downside Decision Level

$47.3Range

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