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 $50.63.

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 64.3, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $6.78 (14.82%)

3M

EMA Structure

Range
EMA 8$43.06Bullish
EMA 21$35.68Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 64.3 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $6.78 · BB 91.93%

High volatility

Strength
Bearish
Volume
MFI 77.7 · OBV 99.82%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$13.36 - $50.63

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+25.51% · 1.7 ATR above latest close

$57.41
Nearest resistance

+10.69% · 0.7 ATR above · 29-bar high

$50.63
Current price

Price shown is delayed

$45.74
Nearest support

-70.79% · 4.8 ATR below · 29-bar low

$13.36
Deeper support zone

-85.61% · 5.8 ATR below latest close

$6.58
ATR zone

Latest close ± ATR14

$38.96 - $52.52

Indicators

Trend

Dow Theory Structure

Confirmation $49.67, invalidation $38.97

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

Trend strength is active

70.8 / 30.4 / 3.2Bullish
Supertrend (10,3)

Price is above Supertrend

$25.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$36.73 / --Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$6.78 (14.82%)Bearish
Bollinger Bands (20,2)

Width 91.93%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$50.79 / $21.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.96 / $52.52Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.63Range
Support

Nearest Downside Decision Level

$13.36Range

Momentum

RSI (14)

Momentum is strong

64.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

80.8 / 85.6Bearish
Williams %R (14)

Overbought zone

-19.2Bearish
CCI (20)

Strong expansion

115.9Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

77.7Bullish
OBV slope

20-period OBV slope

99.82%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Trend

Dow Theory Structure

Confirmation $49.67, invalidation $38.97

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

Trend strength is active

70.8 / 30.4 / 3.2Bullish
Supertrend (10,3)

Price is above Supertrend

$25.11Bullish
Ichimoku Cloud

Cloud Span A / Span B

$36.73 / --Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

64.3Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

80.8 / 85.6Bearish
Williams %R (14)

Overbought zone

-19.2Bearish
CCI (20)

Strong expansion

115.9Bullish
TD Sequential

Setup is not extreme

buy 1Bullish

Volatility

ATR (14)

High volatility

$6.78 (14.82%)Bearish
Bollinger Bands (20,2)

Width 91.93%

83%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$50.79 / $21.64Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.96 / $52.52Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

77.7Bullish
OBV slope

20-period OBV slope

99.82%Bullish
Volume ratio

Relative to 20-period average volume

0.12xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.63Range
Support

Nearest Downside Decision Level

$13.36Range

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