US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 dayRange52%
Daily Range probability 96%Range

FAST 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Break either side of $42.93 - $47.77 with volume.

Invalidation Trigger

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

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Daily
Momentum StateRange
Momentum mixed

RSI 50.9, MACD -0.055

Daily
Volatility EnvironmentRange
Medium volatility

ATR is $1.03 (2.26%)

Daily

EMA Structure

Bullish
EMA 8$45.84Bearish
EMA 21$45.59Bullish
EMA 50$45.27Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.9 · MACD -0.055

Neutral zone

Strength
Range
Volatility
ATR $1.03 · BB 7.95%

Medium volatility

Strength
Range
Volume
MFI 46.9 · OBV -8.73%

Relative to 20-period average volume

Strength
Range
Price Levels
$42.93 - $47.77

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+6.99% · 3.1 ATR above latest close

$48.8
Nearest resistance

+4.74% · 2.1 ATR above · 34-bar high

$47.77
Current price

Price shown is delayed

$45.61
Nearest support

-5.88% · 2.6 ATR below · 34-bar low

$42.93
Deeper support zone

-8.13% · 3.6 ATR below latest close

$41.9
ATR zone

Latest close ± ATR14

$44.58 - $46.64

Indicators

Trend

Dow Theory Structure

Confirmation $44.65, invalidation $47.15

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

Trend strength is active

31.1 / 23.8 / 22.0Bullish
Supertrend (10,3)

Price is above Supertrend

$43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.62 / $46.3Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Volatility

ATR (14)

Medium volatility

$1.03 (2.26%)Range
Bollinger Bands (20,2)

Width 7.95%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.46 / $43.77Range
ATR channel lower / upper

Current Volatility Envelope

$44.58 / $46.64Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.77Range
Support

Nearest Downside Decision Level

$42.93Range

Momentum

RSI (14)

Neutral zone

50.9Range
MACD (12,26,9)

Histogram is negative

-0.055Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.9 / 47.2Bearish
Williams %R (14)

Neutral zone

-69.1Range
CCI (20)

Balanced zone

0.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

-8.73%Bearish
Volume ratio

Relative to 20-period average volume

1.24xBullish

Trend

Dow Theory Structure

Confirmation $44.65, invalidation $47.15

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

Trend strength is active

31.1 / 23.8 / 22.0Bullish
Supertrend (10,3)

Price is above Supertrend

$43Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.62 / $46.3Bearish
Donchian Channel (20)

20-period breakout channel position

52%Range

Momentum

RSI (14)

Neutral zone

50.9Range
MACD (12,26,9)

Histogram is negative

-0.055Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

30.9 / 47.2Bearish
Williams %R (14)

Neutral zone

-69.1Range
CCI (20)

Balanced zone

0.9Range
TD Sequential

Setup is not extreme

buy 4Bullish

Volatility

ATR (14)

Medium volatility

$1.03 (2.26%)Range
Bollinger Bands (20,2)

Width 7.95%

48%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$47.46 / $43.77Range
ATR channel lower / upper

Current Volatility Envelope

$44.58 / $46.64Range

Volume / Money Flow

MFI (14)

Money flow is neutral

46.9Range
OBV slope

20-period OBV slope

-8.73%Bearish
Volume ratio

Relative to 20-period average volume

1.24xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.77Range
Support

Nearest Downside Decision Level

$42.93Range

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