US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

4 hoursBullish78%
4h Upside probability 78%Bullish

FAST 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

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

Confirmation Trigger

Hold above $47.65 and reclaim $51.52.

Invalidation Trigger

Lose $47.65 and MACD turns lower again.

Market Context

Trend PhaseBearish
Weak Pullback

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 50.7, MACD 0.063

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.5204 (1.06%)

4h

EMA Structure

Bearish
EMA 8$49.13Bullish
EMA 21$49.19Bullish
EMA 50$49.56Bearish

Signals

CategoryReadStrength
Momentum
RSI 50.7 · MACD 0.063

Neutral zone

Strength
Bullish
Volatility
ATR $0.5204 · BB 2.86%

Low volatility

Strength
Bullish
Volume
MFI 78.7 · OBV 12.86%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$47.65 - $51.52

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.52% · 5.2 ATR above latest close

$52.04
Nearest resistance

+4.46% · 4.2 ATR above · 34-bar high

$51.52
Current price

Price shown is delayed

$49.32
Nearest support

-3.4% · 3.2 ATR below · 34-bar low

$47.65
Deeper support zone

-4.45% · 4.2 ATR below latest close

$47.12
ATR zone

Latest close ± ATR14

$48.8 - $49.84

Indicators

Trend

Dow Theory Structure

Confirmation $49.89, invalidation $48.06

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

Trend strength is moderate

11.0 / 33.4 / 26.1Bullish
Supertrend (10,3)

Price is above Supertrend

$47.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.97 / $49.9Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Volatility

ATR (14)

Low volatility

$0.5204 (1.06%)Bullish
Bollinger Bands (20,2)

Width 2.86%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$50.42 / $47.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$48.8 / $49.84Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.52Range
Support

Nearest Downside Decision Level

$47.65Range

Momentum

RSI (14)

Neutral zone

50.7Range
MACD (12,26,9)

Histogram is positive

0.063Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.9 / 61.9Bullish
Williams %R (14)

Neutral zone

-31.1Range
CCI (20)

Balanced zone

33.9Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volume / Money Flow

MFI (14)

Money flow is strong

78.7Bullish
OBV slope

20-period OBV slope

12.86%Bullish
Volume ratio

Relative to 20-period average volume

1.65xBullish

Trend

Dow Theory Structure

Confirmation $49.89, invalidation $48.06

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

Trend strength is moderate

11.0 / 33.4 / 26.1Bullish
Supertrend (10,3)

Price is above Supertrend

$47.45Bullish
Ichimoku Cloud

Cloud Span A / Span B

$48.97 / $49.9Bearish
Donchian Channel (20)

20-period breakout channel position

60%Range

Momentum

RSI (14)

Neutral zone

50.7Range
MACD (12,26,9)

Histogram is positive

0.063Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

68.9 / 61.9Bullish
Williams %R (14)

Neutral zone

-31.1Range
CCI (20)

Balanced zone

33.9Range
TD Sequential

Setup is not extreme

sell 4Bearish

Volatility

ATR (14)

Low volatility

$0.5204 (1.06%)Bullish
Bollinger Bands (20,2)

Width 2.86%

57%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$50.42 / $47.93Bullish
ATR channel lower / upper

Current Volatility Envelope

$48.8 / $49.84Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

78.7Bullish
OBV slope

20-period OBV slope

12.86%Bullish
Volume ratio

Relative to 20-period average volume

1.65xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.52Range
Support

Nearest Downside Decision Level

$47.65Range

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