US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

3 monthsBullish77%
3M Upside probability 77%Bullish

FAST 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

3M: price is above EMA21, short trend is constructive

Confirmation Trigger

Hold above $13.36 and reclaim $52.92.

Invalidation Trigger

Lose $13.36 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 68.2, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $7.12 (14.43%)

3M

EMA Structure

Range
EMA 8$43.85Bullish
EMA 21$36Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 68.2 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $7.12 · BB 94.53%

High volatility

Strength
Bearish
Volume
MFI 80.1 · OBV 115.08%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$13.36 - $52.92

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+21.72% · 1.5 ATR above latest close

$60.03
Nearest resistance

+7.29% · 0.5 ATR above · 29-bar high

$52.92
Current price

Price shown is delayed

$49.32
Nearest support

-72.91% · 5.1 ATR below · 29-bar low

$13.36
Deeper support zone

-87.34% · 6.1 ATR below latest close

$6.24
ATR zone

Latest close ± ATR14

$42.2 - $56.44

Indicators

Trend

Dow Theory Structure

Confirmation $50.63, invalidation $38.97

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

Trend strength is active

71.0 / 32.2 / 3.1Bullish
Supertrend (10,3)

Price is above Supertrend

$25.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.87 / --Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Volatility

ATR (14)

High volatility

$7.12 (14.43%)Bearish
Bollinger Bands (20,2)

Width 94.53%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.09 / $21.03Bearish
ATR channel lower / upper

Current Volatility Envelope

$42.2 / $56.44Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$13.36Range

Momentum

RSI (14)

Momentum is strong

68.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

87.1 / 87.7Bearish
Williams %R (14)

Overbought zone

-12.9Bearish
CCI (20)

Strong expansion

134.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.1Bullish
OBV slope

20-period OBV slope

115.08%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Trend

Dow Theory Structure

Confirmation $50.63, invalidation $38.97

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

Trend strength is active

71.0 / 32.2 / 3.1Bullish
Supertrend (10,3)

Price is above Supertrend

$25.19Bullish
Ichimoku Cloud

Cloud Span A / Span B

$37.87 / --Bullish
Donchian Channel (20)

20-period breakout channel position

88%Bullish

Momentum

RSI (14)

Momentum is strong

68.2Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

87.1 / 87.7Bearish
Williams %R (14)

Overbought zone

-12.9Bearish
CCI (20)

Strong expansion

134.1Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$7.12 (14.43%)Bearish
Bollinger Bands (20,2)

Width 94.53%

92%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$52.09 / $21.03Bearish
ATR channel lower / upper

Current Volatility Envelope

$42.2 / $56.44Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.1Bullish
OBV slope

20-period OBV slope

115.08%Bullish
Volume ratio

Relative to 20-period average volume

0.73xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$52.92Range
Support

Nearest Downside Decision Level

$13.36Range

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