US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 dayBullish92%
Daily Upside probability 92%Bullish

FAST 1D chart

EMA21EMA50Bollinger
----

Market View

Market Shift

Daily: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $47.3 and reclaim $56.27.

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 71.1, MACD 0.290

Daily
Volatility EnvironmentRange
Low volatility

ATR is $1.19 (2.13%)

Daily

EMA Structure

Bullish
EMA 8$54.5Bullish
EMA 21$53.17Bullish
EMA 50$51.73Bullish

Signals

CategoryReadStrength
Momentum
RSI 71.1 · MACD 0.290

Momentum is strong

Strength
Bullish
Volatility
ATR $1.19 · BB 10.16%

Low volatility

Strength
Range
Volume
MFI 71.8 · OBV 4.80%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$47.3 - $56.27

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.43% · 1.6 ATR above latest close

$57.46
Nearest resistance

+1.3% · 0.6 ATR above · 34-bar high

$56.27
Current price

Price shown is delayed

$55.55
Nearest support

-14.85% · 7.0 ATR below · 34-bar low

$47.3
Deeper support zone

-16.99% · 8.0 ATR below latest close

$46.11
ATR zone

Latest close ± ATR14

$54.36 - $56.74

Indicators

Trend

Dow Theory Structure

Confirmation $54.96, invalidation $51.94

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

29.7 / 42.9 / 14.5Bullish
Supertrend (10,3)

Price is above Supertrend

$52.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.95 / $51.79Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Volatility

ATR (14)

Low volatility

$1.19 (2.13%)Range
Bollinger Bands (20,2)

Width 10.16%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$55.58 / $50.92Range
ATR channel lower / upper

Current Volatility Envelope

$54.36 / $56.74Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$56.27Range
Support

Nearest Downside Decision Level

$47.3Range

Momentum

RSI (14)

Momentum is strong

71.1Bullish
MACD (12,26,9)

Histogram is positive

0.290Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.9 / 90.4Bearish
Williams %R (14)

Overbought zone

-13.1Bearish
CCI (20)

Strong expansion

170.7Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.8Bullish
OBV slope

20-period OBV slope

4.80%Bullish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Trend

Dow Theory Structure

Confirmation $54.96, invalidation $51.94

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

29.7 / 42.9 / 14.5Bullish
Supertrend (10,3)

Price is above Supertrend

$52.37Bullish
Ichimoku Cloud

Cloud Span A / Span B

$52.95 / $51.79Bullish
Donchian Channel (20)

20-period breakout channel position

87%Bullish

Momentum

RSI (14)

Momentum is strong

71.1Bullish
MACD (12,26,9)

Histogram is positive

0.290Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

86.9 / 90.4Bearish
Williams %R (14)

Overbought zone

-13.1Bearish
CCI (20)

Strong expansion

170.7Bullish
TD Sequential

Exhaustion setup is near completion

sell 10Bearish

Volatility

ATR (14)

Low volatility

$1.19 (2.13%)Range
Bollinger Bands (20,2)

Width 10.16%

98%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$55.58 / $50.92Range
ATR channel lower / upper

Current Volatility Envelope

$54.36 / $56.74Range

Volume / Money Flow

MFI (14)

Money flow is strong

71.8Bullish
OBV slope

20-period OBV slope

4.80%Bullish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$56.27Range
Support

Nearest Downside Decision Level

$47.3Range

Related Forecasts