US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

12 hoursBullish86%
12h Upside probability 86%Bullish

FAST 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

12h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $47.19 and reclaim $53.

Invalidation Trigger

Lose $47.19 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 52.9, MACD 0.091

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.58 (3.05%)

12h

EMA Structure

Bullish
EMA 8$52.05Bearish
EMA 21$51.49Bullish
EMA 50$50.83Bullish

Signals

CategoryReadStrength
Momentum
RSI 52.9 · MACD 0.091

Neutral zone

Strength
Bullish
Volatility
ATR $1.58 · BB 7.35%

Medium volatility

Strength
Range
Volume
MFI 64.9 · OBV 22.65%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$47.19 - $53

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.29% · 1.7 ATR above latest close

$54.58
Nearest resistance

+2.24% · 0.7 ATR above · 34-bar high

$53
Current price

Price shown is delayed

$51.84
Nearest support

-8.97% · 2.9 ATR below · 34-bar low

$47.19
Deeper support zone

-12.02% · 3.9 ATR below latest close

$45.61
ATR zone

Latest close ± ATR14

$50.26 - $53.42

Indicators

Trend

Dow Theory Structure

Confirmation $53, invalidation $51.24

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

Trend strength is active

46.1 / 12.5 / 28.9Bearish
Supertrend (10,3)

Price is above Supertrend

$49.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$51.03 / $50.1Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Volatility

ATR (14)

Medium volatility

$1.58 (3.05%)Range
Bollinger Bands (20,2)

Width 7.35%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$53.41 / $49.64Range
ATR channel lower / upper

Current Volatility Envelope

$50.26 / $53.42Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$53Range
Support

Nearest Downside Decision Level

$47.19Range

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is positive

0.091Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.0 / 90.9Bearish
Williams %R (14)

Overbought zone

-20.0Bearish
CCI (20)

Balanced zone

89.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

64.9Bullish
OBV slope

20-period OBV slope

22.65%Bullish
Volume ratio

Relative to 20-period average volume

1.00xRange

Trend

Dow Theory Structure

Confirmation $53, invalidation $51.24

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

Trend strength is active

46.1 / 12.5 / 28.9Bearish
Supertrend (10,3)

Price is above Supertrend

$49.55Bullish
Ichimoku Cloud

Cloud Span A / Span B

$51.03 / $50.1Bullish
Donchian Channel (20)

20-period breakout channel position

80%Bullish

Momentum

RSI (14)

Neutral zone

52.9Range
MACD (12,26,9)

Histogram is positive

0.091Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

80.0 / 90.9Bearish
Williams %R (14)

Overbought zone

-20.0Bearish
CCI (20)

Balanced zone

89.2Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Medium volatility

$1.58 (3.05%)Range
Bollinger Bands (20,2)

Width 7.35%

62%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$53.41 / $49.64Range
ATR channel lower / upper

Current Volatility Envelope

$50.26 / $53.42Range

Volume / Money Flow

MFI (14)

Money flow is strong

64.9Bullish
OBV slope

20-period OBV slope

22.65%Bullish
Volume ratio

Relative to 20-period average volume

1.00xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$53Range
Support

Nearest Downside Decision Level

$47.19Range

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