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 $26.97 and reclaim $50.63.

Invalidation Trigger

Lose $26.97 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Monthly
Momentum StateRange
Momentum mixed

RSI 58.2, MACD -0.160

Monthly
Volatility EnvironmentBearish
High volatility

ATR is $4.79 (10.47%)

Monthly

EMA Structure

Bullish
EMA 8$45.2Bullish
EMA 21$42.53Bullish
EMA 50$36.91Bullish

Signals

CategoryReadStrength
Momentum
RSI 58.2 · MACD -0.160

Momentum is strong

Strength
Range
Volatility
ATR $4.79 · BB 36.83%

High volatility

Strength
Bearish
Volume
MFI 71.6 · OBV 62.32%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$26.97 - $50.63

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+21.16% · 2.0 ATR above latest close

$55.42
Nearest resistance

+10.69% · 1.0 ATR above · 34-bar high

$50.63
Current price

Price shown is delayed

$45.74
Nearest support

-41.04% · 3.9 ATR below · 34-bar low

$26.97
Deeper support zone

-51.5% · 4.9 ATR below latest close

$22.18
ATR zone

Latest close ± ATR14

$40.95 - $50.53

Indicators

Trend

Dow Theory Structure

Confirmation $49.67, invalidation $42.91

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

Trend strength is active

36.5 / 29.4 / 12.3Bullish
Supertrend (10,3)

Price is above Supertrend

$32.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.49 / $36.25Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Volatility

ATR (14)

High volatility

$4.79 (10.47%)Bearish
Bollinger Bands (20,2)

Width 36.83%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.43 / $33.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$40.95 / $50.53Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.63Range
Support

Nearest Downside Decision Level

$26.97Range

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is negative

-0.160Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.1 / 64.6Bearish
Williams %R (14)

Neutral zone

-41.9Range
CCI (20)

Balanced zone

75.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

71.6Bullish
OBV slope

20-period OBV slope

62.32%Bullish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Trend

Dow Theory Structure

Confirmation $49.67, invalidation $42.91

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

Trend strength is active

36.5 / 29.4 / 12.3Bullish
Supertrend (10,3)

Price is above Supertrend

$32.44Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.49 / $36.25Bullish
Donchian Channel (20)

20-period breakout channel position

68%Bullish

Momentum

RSI (14)

Momentum is strong

58.2Bullish
MACD (12,26,9)

Histogram is negative

-0.160Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

58.1 / 64.6Bearish
Williams %R (14)

Neutral zone

-41.9Range
CCI (20)

Balanced zone

75.7Range
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$4.79 (10.47%)Bearish
Bollinger Bands (20,2)

Width 36.83%

68%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.43 / $33.06Bearish
ATR channel lower / upper

Current Volatility Envelope

$40.95 / $50.53Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

71.6Bullish
OBV slope

20-period OBV slope

62.32%Bullish
Volume ratio

Relative to 20-period average volume

0.37xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.63Range
Support

Nearest Downside Decision Level

$26.97Range

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