US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

12 hoursBullish77%
12h Upside probability 77%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 $46.28 and reclaim $52.92.

Invalidation Trigger

Lose $46.28 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateRange
Momentum mixed

RSI 54.3, MACD -0.274

12h
Volatility EnvironmentBullish
Low volatility

ATR is $0.7539 (1.48%)

12h

EMA Structure

Bullish
EMA 8$51.14Bearish
EMA 21$50.83Bullish
EMA 50$49.45Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.3 · MACD -0.274

Neutral zone

Strength
Range
Volatility
ATR $0.7539 · BB 5.15%

Low volatility

Strength
Bullish
Volume
MFI 60.8 · OBV 29.14%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$46.28 - $52.92

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+5.07% · 3.4 ATR above latest close

$53.67
Nearest resistance

+3.59% · 2.4 ATR above · 34-bar high

$52.92
Current price

Price shown is delayed

$51.08
Nearest support

-9.4% · 6.4 ATR below · 34-bar low

$46.28
Deeper support zone

-10.87% · 7.4 ATR below latest close

$45.53
ATR zone

Latest close ± ATR14

$50.33 - $51.83

Indicators

Trend

Dow Theory Structure

Confirmation $52.03, invalidation $50.7

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

38.9 / 24.0 / 29.0Bearish
Supertrend (10,3)

Price is above Supertrend

$48.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.35 / $48.54Bullish
Donchian Channel (20)

20-period breakout channel position

44%Bullish

Volatility

ATR (14)

Low volatility

$0.7539 (1.48%)Bullish
Bollinger Bands (20,2)

Width 5.15%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$52.5 / $49.26Bullish
ATR channel lower / upper

Current Volatility Envelope

$50.33 / $51.83Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$46.28Range

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.274Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.8 / 25.5Bullish
Williams %R (14)

Neutral zone

-64.2Range
CCI (20)

Balanced zone

-62.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.8Bullish
OBV slope

20-period OBV slope

29.14%Bullish
Volume ratio

Relative to 20-period average volume

1.33xBullish

Trend

Dow Theory Structure

Confirmation $52.03, invalidation $50.7

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is active

38.9 / 24.0 / 29.0Bearish
Supertrend (10,3)

Price is above Supertrend

$48.61Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.35 / $48.54Bullish
Donchian Channel (20)

20-period breakout channel position

44%Bullish

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.274Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

35.8 / 25.5Bullish
Williams %R (14)

Neutral zone

-64.2Range
CCI (20)

Balanced zone

-62.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.7539 (1.48%)Bullish
Bollinger Bands (20,2)

Width 5.15%

34%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$52.5 / $49.26Bullish
ATR channel lower / upper

Current Volatility Envelope

$50.33 / $51.83Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

60.8Bullish
OBV slope

20-period OBV slope

29.14%Bullish
Volume ratio

Relative to 20-period average volume

1.33xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$46.28Range

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