US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 dayBullish81%
Daily Upside probability 81%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 $44.06 and reclaim $52.92.

Invalidation Trigger

Lose $44.06 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 60.6, MACD -0.099

Daily
Volatility EnvironmentRange
Low volatility

ATR is $0.9399 (1.83%)

Daily

EMA Structure

Bullish
EMA 8$51.08Bullish
EMA 21$50.15Bullish
EMA 50$48.52Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.6 · MACD -0.099

Momentum is strong

Strength
Range
Volatility
ATR $0.9399 · BB 12.92%

Low volatility

Strength
Range
Volume
MFI 69.1 · OBV 11.97%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$44.06 - $52.92

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.06% · 2.8 ATR above latest close

$53.85
Nearest resistance

+3.23% · 1.8 ATR above · 34-bar high

$52.92
Current price

Price shown is delayed

$51.26
Nearest support

-14.05% · 7.7 ATR below · 34-bar low

$44.06
Deeper support zone

-15.88% · 8.7 ATR below latest close

$43.12
ATR zone

Latest close ± ATR14

$50.32 - $52.2

Indicators

Trend

Dow Theory Structure

Confirmation $50.38, invalidation $52.05

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

Trend strength is active

51.2 / 33.7 / 17.7Bullish
Supertrend (10,3)

Price is above Supertrend

$48.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.04 / $48.49Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

Low volatility

$0.9399 (1.83%)Range
Bollinger Bands (20,2)

Width 12.92%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.09 / $48.37Range
ATR channel lower / upper

Current Volatility Envelope

$50.32 / $52.2Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$44.06Range

Momentum

RSI (14)

Momentum is strong

60.6Bullish
MACD (12,26,9)

Histogram is negative

-0.099Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.3 / 59.4Bearish
Williams %R (14)

Neutral zone

-52.7Range
CCI (20)

Balanced zone

39.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.1Bullish
OBV slope

20-period OBV slope

11.97%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Trend

Dow Theory Structure

Confirmation $50.38, invalidation $52.05

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

Trend strength is active

51.2 / 33.7 / 17.7Bullish
Supertrend (10,3)

Price is above Supertrend

$48.25Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.04 / $48.49Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

60.6Bullish
MACD (12,26,9)

Histogram is negative

-0.099Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

47.3 / 59.4Bearish
Williams %R (14)

Neutral zone

-52.7Range
CCI (20)

Balanced zone

39.0Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.9399 (1.83%)Range
Bollinger Bands (20,2)

Width 12.92%

65%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.09 / $48.37Range
ATR channel lower / upper

Current Volatility Envelope

$50.32 / $52.2Range

Volume / Money Flow

MFI (14)

Money flow is strong

69.1Bullish
OBV slope

20-period OBV slope

11.97%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$44.06Range

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