US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 weekBullish92%
Weekly Upside probability 92%Bullish

FAST 1W chart

EMA21EMA50Bollinger
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Market View

Market Shift

Weekly: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $42.91 and reclaim $52.92.

Invalidation Trigger

Lose $42.91 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 60.4, MACD 0.106

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.6 (5.13%)

Weekly

EMA Structure

Bullish
EMA 8$49.8Bullish
EMA 21$48.41Bullish
EMA 50$46.36Bullish

Signals

CategoryReadStrength
Momentum
RSI 60.4 · MACD 0.106

Momentum is strong

Strength
Bullish
Volatility
ATR $2.6 · BB 19.10%

High volatility

Strength
Bearish
Volume
MFI 54.9 · OBV 6.39%

Relative to 20-period average volume

Strength
Range
Price Levels
$42.91 - $52.92

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+9.4% · 1.8 ATR above latest close

$55.52
Nearest resistance

+4.27% · 0.8 ATR above · 34-bar high

$52.92
Current price

Price shown is delayed

$50.75
Nearest support

-15.45% · 3.0 ATR below · 34-bar low

$42.91
Deeper support zone

-20.58% · 4.0 ATR below latest close

$40.31
ATR zone

Latest close ± ATR14

$48.15 - $53.35

Indicators

Trend

Dow Theory Structure

Confirmation $52.92, invalidation $47.65

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

Trend strength is moderate

21.9 / 23.0 / 15.9Bullish
Supertrend (10,3)

Price is above Supertrend

$42.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.93 / $45.94Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Volatility

ATR (14)

High volatility

$2.6 (5.13%)Bearish
Bollinger Bands (20,2)

Width 19.10%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$53.29 / $43.73Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.15 / $53.35Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$42.91Range

Momentum

RSI (14)

Momentum is strong

60.4Bullish
MACD (12,26,9)

Histogram is positive

0.106Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.6 / 67.8Bullish
Williams %R (14)

Neutral zone

-24.4Range
CCI (20)

Balanced zone

78.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.9Range
OBV slope

20-period OBV slope

6.39%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Trend

Dow Theory Structure

Confirmation $52.92, invalidation $47.65

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

Trend strength is moderate

21.9 / 23.0 / 15.9Bullish
Supertrend (10,3)

Price is above Supertrend

$42.9Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.93 / $45.94Bullish
Donchian Channel (20)

20-period breakout channel position

78%Bullish

Momentum

RSI (14)

Momentum is strong

60.4Bullish
MACD (12,26,9)

Histogram is positive

0.106Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

75.6 / 67.8Bullish
Williams %R (14)

Neutral zone

-24.4Range
CCI (20)

Balanced zone

78.6Range
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

High volatility

$2.6 (5.13%)Bearish
Bollinger Bands (20,2)

Width 19.10%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$53.29 / $43.73Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.15 / $53.35Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

54.9Range
OBV slope

20-period OBV slope

6.39%Bullish
Volume ratio

Relative to 20-period average volume

1.15xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$42.91Range

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