US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

1 weekBullish87%
Weekly Upside probability 87%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 $39.86 and reclaim $52.92.

Invalidation Trigger

Lose $39.86 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

Weekly
Momentum StateBullish
Momentum improving

RSI 63.4, MACD 0.536

Weekly
Volatility EnvironmentBearish
High volatility

ATR is $2.64 (5.15%)

Weekly

EMA Structure

Bullish
EMA 8$49.15Bullish
EMA 21$47.29Bullish
EMA 50$45.42Bullish

Signals

CategoryReadStrength
Momentum
RSI 63.4 · MACD 0.536

Momentum is strong

Strength
Bullish
Volatility
ATR $2.64 · BB 20.86%

High volatility

Strength
Bearish
Volume
MFI 65.6 · OBV 1.19%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$39.86 - $52.92

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+8.38% · 1.6 ATR above latest close

$55.56
Nearest resistance

+3.23% · 0.6 ATR above · 34-bar high

$52.92
Current price

Price shown is delayed

$51.26
Nearest support

-22.24% · 4.3 ATR below · 34-bar low

$39.86
Deeper support zone

-27.39% · 5.3 ATR below latest close

$37.22
ATR zone

Latest close ± ATR14

$48.62 - $53.9

Indicators

Trend

Dow Theory Structure

Confirmation $47.78, invalidation $44.06

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

Trend strength is moderate

21.2 / 30.6 / 11.7Bullish
Supertrend (10,3)

Price is above Supertrend

$42.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.2 / $45.94Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$2.64 (5.15%)Bearish
Bollinger Bands (20,2)

Width 20.86%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$53.15 / $41.61Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.62 / $53.9Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$39.86Range

Momentum

RSI (14)

Momentum is strong

63.4Bullish
MACD (12,26,9)

Histogram is positive

0.536Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.5 / 88.0Bearish
Williams %R (14)

Overbought zone

-16.5Bearish
CCI (20)

Strong expansion

175.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.6Bullish
OBV slope

20-period OBV slope

1.19%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Trend

Dow Theory Structure

Confirmation $47.78, invalidation $44.06

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

Trend strength is moderate

21.2 / 30.6 / 11.7Bullish
Supertrend (10,3)

Price is above Supertrend

$42.56Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.2 / $45.94Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

63.4Bullish
MACD (12,26,9)

Histogram is positive

0.536Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

83.5 / 88.0Bearish
Williams %R (14)

Overbought zone

-16.5Bearish
CCI (20)

Strong expansion

175.2Bullish
TD Sequential

Setup is not extreme

sell 3Bearish

Volatility

ATR (14)

High volatility

$2.64 (5.15%)Bearish
Bollinger Bands (20,2)

Width 20.86%

96%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$53.15 / $41.61Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.62 / $53.9Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

65.6Bullish
OBV slope

20-period OBV slope

1.19%Bullish
Volume ratio

Relative to 20-period average volume

0.72xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$39.86Range

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