US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

4 hoursBullish92%
4h Upside probability 92%Bullish

FAST 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bullish alignment

Confirmation Trigger

Hold above $51.89 and reclaim $56.27.

Invalidation Trigger

Lose $51.89 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 62.0, MACD 0.057

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5433 (0.98%)

4h

EMA Structure

Bullish
EMA 8$55.33Bullish
EMA 21$54.67Bullish
EMA 50$53.74Bullish

Signals

CategoryReadStrength
Momentum
RSI 62.0 · MACD 0.057

Momentum is strong

Strength
Bullish
Volatility
ATR $0.5433 · BB 6.20%

Low volatility

Strength
Bullish
Volume
MFI 68.1 · OBV 1.78%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$51.89 - $56.27

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+2.27% · 2.3 ATR above latest close

$56.81
Nearest resistance

+1.3% · 1.3 ATR above · 34-bar high

$56.27
Current price

Price shown is delayed

$55.55
Nearest support

-6.59% · 6.7 ATR below · 34-bar low

$51.89
Deeper support zone

-7.57% · 7.7 ATR below latest close

$51.35
ATR zone

Latest close ± ATR14

$55.01 - $56.09

Indicators

Trend

Dow Theory Structure

Confirmation $56.27, invalidation $53.98

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

Trend strength is moderate

21.9 / 25.8 / 24.0Bullish
Supertrend (10,3)

Price is above Supertrend

$53.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.64 / $53.52Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Volatility

ATR (14)

Low volatility

$0.5433 (0.98%)Bullish
Bollinger Bands (20,2)

Width 6.20%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$55.81 / $53.61Bullish
ATR channel lower / upper

Current Volatility Envelope

$55.01 / $56.09Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$56.27Range
Support

Nearest Downside Decision Level

$51.89Range

Momentum

RSI (14)

Momentum is strong

62.0Bullish
MACD (12,26,9)

Histogram is positive

0.057Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.6 / 71.6Bearish
Williams %R (14)

Neutral zone

-30.4Range
CCI (20)

Balanced zone

94.6Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

68.1Bullish
OBV slope

20-period OBV slope

1.78%Bullish
Volume ratio

Relative to 20-period average volume

2.30xBullish

Trend

Dow Theory Structure

Confirmation $56.27, invalidation $53.98

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

Trend strength is moderate

21.9 / 25.8 / 24.0Bullish
Supertrend (10,3)

Price is above Supertrend

$53.91Bullish
Ichimoku Cloud

Cloud Span A / Span B

$54.64 / $53.52Bullish
Donchian Channel (20)

20-period breakout channel position

81%Bullish

Momentum

RSI (14)

Momentum is strong

62.0Bullish
MACD (12,26,9)

Histogram is positive

0.057Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

69.6 / 71.6Bearish
Williams %R (14)

Neutral zone

-30.4Range
CCI (20)

Balanced zone

94.6Range
TD Sequential

Setup is not extreme

sell 7Bearish

Volatility

ATR (14)

Low volatility

$0.5433 (0.98%)Bullish
Bollinger Bands (20,2)

Width 6.20%

78%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$55.81 / $53.61Bullish
ATR channel lower / upper

Current Volatility Envelope

$55.01 / $56.09Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.1Bullish
OBV slope

20-period OBV slope

1.78%Bullish
Volume ratio

Relative to 20-period average volume

2.30xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$56.27Range
Support

Nearest Downside Decision Level

$51.89Range

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