US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 monthBullish88%
Monthly Upside probability 88%Bullish

FAST 1M chart

EMA21EMA50Bollinger
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Market View

Market Shift

Monthly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $26.93 and reclaim $50.63.

Invalidation Trigger

Lose $26.93 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 59.7, MACD -0.229

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $4.64 (10.17%)

Monthly

EMA Structure

Bullish
EMA 8$44.51Bullish
EMA 21$41.99Bullish
EMA 50$36.54Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.7 · MACD -0.229

Momentum is strong

Strength
Range
Volatility
ATR $4.64 · BB 35.46%

High volatility

Strength
Bearish
Volume
MFI 69.2 · OBV 82.30%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$26.93 - $50.63

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+21.18% · 2.1 ATR above latest close

$55.27
Nearest resistance

+11.01% · 1.1 ATR above · 34-bar high

$50.63
Current price

Price shown is delayed

$45.61
Nearest support

-40.96% · 4.0 ATR below · 34-bar low

$26.93
Deeper support zone

-51.13% · 5.0 ATR below latest close

$22.29
ATR zone

Latest close ± ATR14

$40.97 - $50.25

Indicators

Trend

Dow Theory Structure

Confirmation $49.67, invalidation $39.03

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

Trend strength is active

34.7 / 29.7 / 12.6Bullish
Supertrend (10,3)

Price is above Supertrend

$31.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.51 / $36.25Bullish
Donchian Channel (20)

20-period breakout channel position

67%Bullish

Volatility

ATR (14)

High volatility

$4.64 (10.17%)Bearish
Bollinger Bands (20,2)

Width 35.46%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$51.65 / $32.75Bearish
ATR channel lower / upper

Current Volatility Envelope

$40.97 / $50.25Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.63Range
Support

Nearest Downside Decision Level

$26.93Range

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is negative

-0.229Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.7 / 59.2Bearish
Williams %R (14)

Neutral zone

-43.3Range
CCI (20)

Balanced zone

64.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

69.2Bullish
OBV slope

20-period OBV slope

82.30%Bullish
Volume ratio

Relative to 20-period average volume

0.90xRange

Trend

Dow Theory Structure

Confirmation $49.67, invalidation $39.03

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

Trend strength is active

34.7 / 29.7 / 12.6Bullish
Supertrend (10,3)

Price is above Supertrend

$31.34Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.51 / $36.25Bullish
Donchian Channel (20)

20-period breakout channel position

67%Bullish

Momentum

RSI (14)

Momentum is strong

59.7Bullish
MACD (12,26,9)

Histogram is negative

-0.229Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

56.7 / 59.2Bearish
Williams %R (14)

Neutral zone

-43.3Range
CCI (20)

Balanced zone

64.6Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$4.64 (10.17%)Bearish
Bollinger Bands (20,2)

Width 35.46%

70%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$51.65 / $32.75Bearish
ATR channel lower / upper

Current Volatility Envelope

$40.97 / $50.25Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

69.2Bullish
OBV slope

20-period OBV slope

82.30%Bullish
Volume ratio

Relative to 20-period average volume

0.90xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.63Range
Support

Nearest Downside Decision Level

$26.93Range

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