US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

3 monthsBullish74%
3M Upside probability 74%Bullish

FAST 3M chart

EMA21EMA50Bollinger
----

Market View

Market Shift

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

Confirmation Trigger

Hold above $21.29 and reclaim $50.63.

Invalidation Trigger

Lose $21.29 and MACD turns lower again.

Market Context

Trend PhaseRange
Sideways Structure

Price is above EMA21

3M
Momentum StateBullish
Momentum improving

RSI 64.1, MACD --

3M
Volatility EnvironmentBearish
High volatility

ATR is $6.81 (14.92%)

3M

EMA Structure

Range
EMA 8$41.77Bullish
EMA 21$34.07Bullish
EMA 50--Range

Signals

CategoryReadStrength
Momentum
RSI 64.1 · MACD --

Momentum is strong

Strength
Bullish
Volatility
ATR $6.81 · BB 90.86%

High volatility

Strength
Bearish
Volume
MFI 79.8 · OBV 195.70%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$21.29 - $50.63

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+25.93% · 1.7 ATR above latest close

$57.44
Nearest resistance

+11.01% · 0.7 ATR above · 24-bar high

$50.63
Current price

Price shown is delayed

$45.61
Nearest support

-53.32% · 3.6 ATR below · 24-bar low

$21.29
Deeper support zone

-68.24% · 4.6 ATR below latest close

$14.48
ATR zone

Latest close ± ATR14

$38.8 - $52.42

Indicators

Trend

Dow Theory Structure

Confirmation $50.63, invalidation $39.03

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$23.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Volatility

ATR (14)

High volatility

$6.81 (14.92%)Bearish
Bollinger Bands (20,2)

Width 90.86%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$50.37 / $19.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.8 / $52.42Bearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.63Range
Support

Nearest Downside Decision Level

$21.29Range

Momentum

RSI (14)

Momentum is strong

64.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

81.9 / 76.9Bullish
Williams %R (14)

Overbought zone

-18.1Bearish
CCI (20)

Strong expansion

128.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

79.8Bullish
OBV slope

20-period OBV slope

195.70%Bullish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Trend

Dow Theory Structure

Confirmation $50.63, invalidation $39.03

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

Trend strength is moderate

-- / -- / --Bearish
Supertrend (10,3)

Price is above Supertrend

$23.09Bullish
Ichimoku Cloud

Cloud Span A / Span B

-- / --Bullish
Donchian Channel (20)

20-period breakout channel position

83%Bullish

Momentum

RSI (14)

Momentum is strong

64.1Bullish
MACD (12,26,9)

Histogram is negative

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

%K / %D momentum cross

81.9 / 76.9Bullish
Williams %R (14)

Overbought zone

-18.1Bearish
CCI (20)

Strong expansion

128.4Bullish
TD Sequential

Exhaustion setup is near completion

sell 13Bearish

Volatility

ATR (14)

High volatility

$6.81 (14.92%)Bearish
Bollinger Bands (20,2)

Width 90.86%

88%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$50.37 / $19.43Bearish
ATR channel lower / upper

Current Volatility Envelope

$38.8 / $52.42Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

79.8Bullish
OBV slope

20-period OBV slope

195.70%Bullish
Volume ratio

Relative to 20-period average volume

1.40xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$50.63Range
Support

Nearest Downside Decision Level

$21.29Range

Related Forecasts