US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

3 monthsBullish84%
3M Upside probability 84%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 $56.27.

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 71.9, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $7.44 (13.39%)

3M

EMA Structure

Range
EMA 8$46.49Bullish
EMA 21$37.8Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 71.9 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $7.44 · BB 103.21%

High volatility

Strength
Bearish
Volume
MFI 80.4 · OBV 187.69%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$13.36 - $56.27

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+14.68% · 1.1 ATR above latest close

$63.71
Nearest resistance

+1.3% · 0.1 ATR above · 30-bar high

$56.27
Current price

Price shown is delayed

$55.55
Nearest support

-75.95% · 5.7 ATR below · 30-bar low

$13.36
Deeper support zone

-89.34% · 6.7 ATR below latest close

$5.92
ATR zone

Latest close ± ATR14

$48.11 - $62.99

Indicators

Trend

Dow Theory Structure

Confirmation $50.63, invalidation $21.87

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

Trend strength is active

73.3 / 32.1 / 2.9Bullish
Supertrend (10,3)

Price is above Supertrend

$28.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.11 / --Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Volatility

ATR (14)

High volatility

$7.44 (13.39%)Bearish
Bollinger Bands (20,2)

Width 103.21%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$54.18 / $22.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.11 / $62.99Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$56.27Range
Support

Nearest Downside Decision Level

$13.36Range

Momentum

RSI (14)

Momentum is strong

71.9Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

97.5 / 92.0Bullish
Williams %R (14)

Overbought zone

-2.5Bearish
CCI (20)

Strong expansion

149.7Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.4Bullish
OBV slope

20-period OBV slope

187.69%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Trend

Dow Theory Structure

Confirmation $50.63, invalidation $21.87

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

Trend strength is active

73.3 / 32.1 / 2.9Bullish
Supertrend (10,3)

Price is above Supertrend

$28.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

$42.11 / --Bullish
Donchian Channel (20)

20-period breakout channel position

98%Bullish

Momentum

RSI (14)

Momentum is strong

71.9Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

97.5 / 92.0Bullish
Williams %R (14)

Overbought zone

-2.5Bearish
CCI (20)

Strong expansion

149.7Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$7.44 (13.39%)Bearish
Bollinger Bands (20,2)

Width 103.21%

101%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$54.18 / $22.59Bearish
ATR channel lower / upper

Current Volatility Envelope

$48.11 / $62.99Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

80.4Bullish
OBV slope

20-period OBV slope

187.69%Bullish
Volume ratio

Relative to 20-period average volume

0.48xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$56.27Range
Support

Nearest Downside Decision Level

$13.36Range

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