US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

12 hoursBullish65%
12h Upside probability 65%Bullish

FAST 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $42.93 and reclaim $47.77.

Invalidation Trigger

Lose $42.93 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

12h
Momentum StateBullish
Momentum improving

RSI 56.4, MACD -0.018

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.03 (2.21%)

12h

EMA Structure

Bullish
EMA 8$45.99Bullish
EMA 21$45.67Bullish
EMA 50$45.29Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.4 · MACD -0.018

Momentum is strong

Strength
Bullish
Volatility
ATR $1.03 · BB 7.68%

Medium volatility

Strength
Range
Volume
MFI 48.7 · OBV -7.79%

Relative to 20-period average volume

Strength
Range
Price Levels
$42.93 - $47.77

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.97% · 2.3 ATR above latest close

$48.8
Nearest resistance

+2.76% · 1.3 ATR above · 34-bar high

$47.77
Current price

Price shown is delayed

$46.49
Nearest support

-7.65% · 3.5 ATR below · 34-bar low

$42.93
Deeper support zone

-9.86% · 4.5 ATR below latest close

$41.9
ATR zone

Latest close ± ATR14

$45.46 - $47.51

Indicators

Trend

Dow Theory Structure

Confirmation $44.65, invalidation $46.82

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

Trend strength is active

30.2 / 20.5 / 21.7Bearish
Supertrend (10,3)

Price is above Supertrend

$43.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.62 / $46.3Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Volatility

ATR (14)

Medium volatility

$1.03 (2.21%)Range
Bollinger Bands (20,2)

Width 7.68%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$47.73 / $43.66Range
ATR channel lower / upper

Current Volatility Envelope

$45.46 / $47.51Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.77Range
Support

Nearest Downside Decision Level

$42.93Range

Momentum

RSI (14)

Momentum is strong

56.4Bullish
MACD (12,26,9)

Histogram is negative

-0.018Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.9 / 47.6Bullish
Williams %R (14)

Neutral zone

-41.1Range
CCI (20)

Balanced zone

44.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

48.7Range
OBV slope

20-period OBV slope

-7.79%Bearish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Trend

Dow Theory Structure

Confirmation $44.65, invalidation $46.82

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

Trend strength is active

30.2 / 20.5 / 21.7Bearish
Supertrend (10,3)

Price is above Supertrend

$43.22Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.62 / $46.3Bullish
Donchian Channel (20)

20-period breakout channel position

71%Bullish

Momentum

RSI (14)

Momentum is strong

56.4Bullish
MACD (12,26,9)

Histogram is negative

-0.018Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.9 / 47.6Bullish
Williams %R (14)

Neutral zone

-41.1Range
CCI (20)

Balanced zone

44.6Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Medium volatility

$1.03 (2.21%)Range
Bollinger Bands (20,2)

Width 7.68%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$47.73 / $43.66Range
ATR channel lower / upper

Current Volatility Envelope

$45.46 / $47.51Range

Volume / Money Flow

MFI (14)

Money flow is neutral

48.7Range
OBV slope

20-period OBV slope

-7.79%Bearish
Volume ratio

Relative to 20-period average volume

0.59xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.77Range
Support

Nearest Downside Decision Level

$42.93Range

Related Forecasts