US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

12 hoursBearish65%
12h Downside probability 65%Bearish

FAST 12H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Recover $46.69 and stabilize above resistance $49.01.

Invalidation Trigger

Break above $49.01 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 41.8, MACD -0.184

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.37 (3%)

12h

EMA Structure

Range
EMA 8$46.49Bearish
EMA 21$46.69Bearish
EMA 50$46.35Bearish

Signals

CategoryReadStrength
Momentum
RSI 41.8 · MACD -0.184

Momentum is weak

Strength
Bearish
Volatility
ATR $1.37 · BB 6.48%

Medium volatility

Strength
Range
Volume
MFI 37.2 · OBV -14.93%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$44.64 - $49.01

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+10.15% · 3.4 ATR above latest close

$50.38
Nearest resistance

+7.15% · 2.4 ATR above · 34-bar high

$49.01
Current price

Price shown is delayed

$45.74
Nearest support

-2.4% · 0.8 ATR below · 34-bar low

$44.64
Deeper support zone

-5.41% · 1.8 ATR below latest close

$43.27
ATR zone

Latest close ± ATR14

$44.37 - $47.11

Indicators

Trend

Dow Theory Structure

Confirmation $47.85, invalidation $46.08

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

Trend strength is active

26.3 / 21.0 / 19.8Bullish
Supertrend (10,3)

Price is above Supertrend

$42.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.97 / $46.14Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Volatility

ATR (14)

Medium volatility

$1.37 (3%)Range
Bollinger Bands (20,2)

Width 6.48%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.41 / $43.98Range
ATR channel lower / upper

Current Volatility Envelope

$44.37 / $47.11Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.01Range
Support

Nearest Downside Decision Level

$44.64Range

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is negative

-0.184Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.9 / 28.4Bearish
Williams %R (14)

Oversold zone

-80.1Bullish
CCI (20)

Balanced zone

-77.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

-14.93%Bearish
Volume ratio

Relative to 20-period average volume

2.47xBullish

Trend

Dow Theory Structure

Confirmation $47.85, invalidation $46.08

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

Trend strength is active

26.3 / 21.0 / 19.8Bullish
Supertrend (10,3)

Price is above Supertrend

$42.97Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.97 / $46.14Bearish
Donchian Channel (20)

20-period breakout channel position

20%Bearish

Momentum

RSI (14)

Momentum is weak

41.8Bearish
MACD (12,26,9)

Histogram is negative

-0.184Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

19.9 / 28.4Bearish
Williams %R (14)

Oversold zone

-80.1Bullish
CCI (20)

Balanced zone

-77.0Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$1.37 (3%)Range
Bollinger Bands (20,2)

Width 6.48%

6%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$49.41 / $43.98Range
ATR channel lower / upper

Current Volatility Envelope

$44.37 / $47.11Range

Volume / Money Flow

MFI (14)

Money flow is weak

37.2Bearish
OBV slope

20-period OBV slope

-14.93%Bearish
Volume ratio

Relative to 20-period average volume

2.47xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$49.01Range
Support

Nearest Downside Decision Level

$44.64Range

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