US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

4 hoursBullish75%
4h Upside probability 75%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 $49.11 and reclaim $51.37.

Invalidation Trigger

Lose $49.11 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 59.3, MACD 0.070

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.3908 (0.77%)

4h

EMA Structure

Bullish
EMA 8$50.41Bullish
EMA 21$50.25Bullish
EMA 50$50.05Bullish

Signals

CategoryReadStrength
Momentum
RSI 59.3 · MACD 0.070

Momentum is strong

Strength
Bullish
Volatility
ATR $0.3908 · BB 2.99%

Low volatility

Strength
Bullish
Volume
MFI 39.8 · OBV -10.62%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$49.11 - $51.37

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+1.98% · 2.6 ATR above latest close

$51.76
Nearest resistance

+1.21% · 1.6 ATR above · 34-bar high

$51.37
Current price

Price shown is delayed

$50.75
Nearest support

-3.23% · 4.2 ATR below · 34-bar low

$49.11
Deeper support zone

-4% · 5.2 ATR below latest close

$48.72
ATR zone

Latest close ± ATR14

$50.36 - $51.14

Indicators

Trend

Dow Theory Structure

Confirmation $50.92, invalidation $49.11

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

Trend strength is active

24.6 / 29.2 / 23.1Bullish
Supertrend (10,3)

Price is above Supertrend

$49.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.13 / $49.68Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Volatility

ATR (14)

Low volatility

$0.3908 (0.77%)Bullish
Bollinger Bands (20,2)

Width 2.99%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$51.1 / $49.41Bullish
ATR channel lower / upper

Current Volatility Envelope

$50.36 / $51.14Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.37Range
Support

Nearest Downside Decision Level

$49.11Range

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is positive

0.070Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.6 / 89.5Bullish
Williams %R (14)

Overbought zone

-9.4Bearish
CCI (20)

Strong expansion

114.8Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

39.8Bearish
OBV slope

20-period OBV slope

-10.62%Bearish
Volume ratio

Relative to 20-period average volume

2.75xBullish

Trend

Dow Theory Structure

Confirmation $50.92, invalidation $49.11

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

Trend strength is active

24.6 / 29.2 / 23.1Bullish
Supertrend (10,3)

Price is above Supertrend

$49.48Bullish
Ichimoku Cloud

Cloud Span A / Span B

$50.13 / $49.68Bullish
Donchian Channel (20)

20-period breakout channel position

89%Bullish

Momentum

RSI (14)

Momentum is strong

59.3Bullish
MACD (12,26,9)

Histogram is positive

0.070Bullish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

90.6 / 89.5Bullish
Williams %R (14)

Overbought zone

-9.4Bearish
CCI (20)

Strong expansion

114.8Bullish
TD Sequential

Setup is not extreme

sell 5Bearish

Volatility

ATR (14)

Low volatility

$0.3908 (0.77%)Bullish
Bollinger Bands (20,2)

Width 2.99%

86%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$51.1 / $49.41Bullish
ATR channel lower / upper

Current Volatility Envelope

$50.36 / $51.14Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

39.8Bearish
OBV slope

20-period OBV slope

-10.62%Bearish
Volume ratio

Relative to 20-period average volume

2.75xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$51.37Range
Support

Nearest Downside Decision Level

$49.11Range

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