US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

12 hoursBearish59%
12h Downside probability 59%Bearish

FAST 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $49.61 and stabilize above resistance $52.92.

Invalidation Trigger

Break above $52.92 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 47.4, MACD -0.047

12h
Volatility EnvironmentRange
Low volatility

ATR is $1 (2.03%)

12h

EMA Structure

Range
EMA 8$49.24Bullish
EMA 21$49.61Bearish
EMA 50$49.45Bearish

Signals

CategoryReadStrength
Momentum
RSI 47.4 · MACD -0.047

Neutral zone

Strength
Bearish
Volatility
ATR $1 · BB 7.44%

Low volatility

Strength
Range
Volume
MFI 39.7 · OBV 2.09%

Relative to 20-period average volume

Strength
Range
Price Levels
$47.65 - $52.92

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+9.32% · 4.6 ATR above latest close

$53.92
Nearest resistance

+7.29% · 3.6 ATR above · 34-bar high

$52.92
Current price

Price shown is delayed

$49.32
Nearest support

-3.4% · 1.7 ATR below · 34-bar low

$47.65
Deeper support zone

-5.43% · 2.7 ATR below latest close

$46.64
ATR zone

Latest close ± ATR14

$48.32 - $50.32

Indicators

Trend

Dow Theory Structure

Confirmation $47.65, invalidation $50.3

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

Trend strength is active

30.7 / 29.0 / 28.6Bullish
Supertrend (10,3)

Price is above Supertrend

$46.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.46 / $49.6Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Volatility

ATR (14)

Low volatility

$1 (2.03%)Range
Bollinger Bands (20,2)

Width 7.44%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.72 / $47.46Range
ATR channel lower / upper

Current Volatility Envelope

$48.32 / $50.32Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$47.65Range

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.047Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.2 / 36.0Bullish
Williams %R (14)

Neutral zone

-56.8Range
CCI (20)

Balanced zone

-22.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

2.09%Bullish
Volume ratio

Relative to 20-period average volume

1.47xBullish

Trend

Dow Theory Structure

Confirmation $47.65, invalidation $50.3

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

Trend strength is active

30.7 / 29.0 / 28.6Bullish
Supertrend (10,3)

Price is above Supertrend

$46.23Bullish
Ichimoku Cloud

Cloud Span A / Span B

$49.46 / $49.6Bearish
Donchian Channel (20)

20-period breakout channel position

37%Bearish

Momentum

RSI (14)

Neutral zone

47.4Range
MACD (12,26,9)

Histogram is negative

-0.047Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

43.2 / 36.0Bullish
Williams %R (14)

Neutral zone

-56.8Range
CCI (20)

Balanced zone

-22.1Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$1 (2.03%)Range
Bollinger Bands (20,2)

Width 7.44%

41%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$51.72 / $47.46Range
ATR channel lower / upper

Current Volatility Envelope

$48.32 / $50.32Range

Volume / Money Flow

MFI (14)

Money flow is weak

39.7Bearish
OBV slope

20-period OBV slope

2.09%Bullish
Volume ratio

Relative to 20-period average volume

1.47xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$47.65Range

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