US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 hourBullish92%
1h Upside probability 92%Bullish

FAST 1H chart

EMA21EMA50Bollinger
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Market View

Market Shift

1h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $44.65 and reclaim $46.82.

Invalidation Trigger

Lose $44.65 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

1h
Momentum StateBullish
Momentum improving

RSI 56.0, MACD 0.056

1h
Volatility EnvironmentBullish
Low volatility

ATR is $0.2829 (0.61%)

1h

EMA Structure

Bullish
EMA 8$46.36Bullish
EMA 21$46.21Bullish
EMA 50$46.16Bullish

Signals

CategoryReadStrength
Momentum
RSI 56.0 · MACD 0.056

Momentum is strong

Strength
Bullish
Volatility
ATR $0.2829 · BB 3.12%

Low volatility

Strength
Bullish
Volume
MFI 42.4 · OBV -40.55%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$44.65 - $46.82

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.33% · 2.2 ATR above latest close

$47.1
Nearest resistance

+0.72% · 1.2 ATR above · 34-bar high

$46.82
Current price

Price shown is delayed

$46.49
Nearest support

-3.96% · 6.5 ATR below · 34-bar low

$44.65
Deeper support zone

-4.57% · 7.5 ATR below latest close

$44.36
ATR zone

Latest close ± ATR14

$46.2 - $46.77

Indicators

Trend

Dow Theory Structure

Confirmation $46.8, invalidation $46.31

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

Trend strength is moderate

9.5 / 38.0 / 30.8Bullish
Supertrend (10,3)

Price is above Supertrend

$45.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.16 / $45.84Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Volatility

ATR (14)

Low volatility

$0.2829 (0.61%)Bullish
Bollinger Bands (20,2)

Width 3.12%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$46.8 / $45.64Bullish
ATR channel lower / upper

Current Volatility Envelope

$46.2 / $46.77Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$46.82Range
Support

Nearest Downside Decision Level

$44.65Range

Momentum

RSI (14)

Momentum is strong

56.0Bullish
MACD (12,26,9)

Histogram is positive

0.056Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.6 / 74.0Bullish
Williams %R (14)

Neutral zone

-23.4Range
CCI (20)

Balanced zone

61.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.4Bearish
OBV slope

20-period OBV slope

-40.55%Bearish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Trend

Dow Theory Structure

Confirmation $46.8, invalidation $46.31

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

Trend strength is moderate

9.5 / 38.0 / 30.8Bullish
Supertrend (10,3)

Price is above Supertrend

$45.69Bullish
Ichimoku Cloud

Cloud Span A / Span B

$46.16 / $45.84Bullish
Donchian Channel (20)

20-period breakout channel position

75%Bullish

Momentum

RSI (14)

Momentum is strong

56.0Bullish
MACD (12,26,9)

Histogram is positive

0.056Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

76.6 / 74.0Bullish
Williams %R (14)

Neutral zone

-23.4Range
CCI (20)

Balanced zone

61.8Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

Low volatility

$0.2829 (0.61%)Bullish
Bollinger Bands (20,2)

Width 3.12%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$46.8 / $45.64Bullish
ATR channel lower / upper

Current Volatility Envelope

$46.2 / $46.77Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

42.4Bearish
OBV slope

20-period OBV slope

-40.55%Bearish
Volume ratio

Relative to 20-period average volume

1.14xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$46.82Range
Support

Nearest Downside Decision Level

$44.65Range

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