US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

4 hoursBullish57%
4h Upside probability 57%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 $47.19 and reclaim $53.

Invalidation Trigger

Lose $47.19 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 50.1, MACD -0.041

4h
Volatility EnvironmentBullish
Low volatility

ATR is $0.6660 (1.28%)

4h

EMA Structure

Bullish
EMA 8$52.23Bearish
EMA 21$51.96Bearish
EMA 50$51.43Bullish

Signals

CategoryReadStrength
Momentum
RSI 50.1 · MACD -0.041

Neutral zone

Strength
Bearish
Volatility
ATR $0.6660 · BB 4.74%

Low volatility

Strength
Bullish
Volume
MFI 68.6 · OBV 7.96%

Relative to 20-period average volume

Strength
Bullish
Price Levels
$47.19 - $53

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+3.52% · 2.7 ATR above latest close

$53.67
Nearest resistance

+2.24% · 1.7 ATR above · 34-bar high

$53
Current price

Price shown is delayed

$51.84
Nearest support

-8.97% · 7.0 ATR below · 34-bar low

$47.19
Deeper support zone

-10.25% · 8.0 ATR below latest close

$46.52
ATR zone

Latest close ± ATR14

$51.17 - $52.51

Indicators

Trend

Dow Theory Structure

Confirmation $53, invalidation $51.24

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

Trend strength is active

36.1 / 27.3 / 30.7Bearish
Supertrend (10,3)

Price is above Supertrend

$50.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$51.83 / $50.1Bullish
Donchian Channel (20)

20-period breakout channel position

44%Bullish

Volatility

ATR (14)

Low volatility

$0.6660 (1.28%)Bullish
Bollinger Bands (20,2)

Width 4.74%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$53.08 / $50.88Bullish
ATR channel lower / upper

Current Volatility Envelope

$51.17 / $52.51Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$53Range
Support

Nearest Downside Decision Level

$47.19Range

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is negative

-0.041Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.6 / 54.5Bearish
Williams %R (14)

Neutral zone

-61.4Range
CCI (20)

Balanced zone

-3.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.6Bullish
OBV slope

20-period OBV slope

7.96%Bullish
Volume ratio

Relative to 20-period average volume

0.93xRange

Trend

Dow Theory Structure

Confirmation $53, invalidation $51.24

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

Trend strength is active

36.1 / 27.3 / 30.7Bearish
Supertrend (10,3)

Price is above Supertrend

$50.24Bullish
Ichimoku Cloud

Cloud Span A / Span B

$51.83 / $50.1Bullish
Donchian Channel (20)

20-period breakout channel position

44%Bullish

Momentum

RSI (14)

Neutral zone

50.1Range
MACD (12,26,9)

Histogram is negative

-0.041Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

38.6 / 54.5Bearish
Williams %R (14)

Neutral zone

-61.4Range
CCI (20)

Balanced zone

-3.6Range
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Low volatility

$0.6660 (1.28%)Bullish
Bollinger Bands (20,2)

Width 4.74%

46%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$53.08 / $50.88Bullish
ATR channel lower / upper

Current Volatility Envelope

$51.17 / $52.51Bullish

Volume / Money Flow

MFI (14)

Money flow is strong

68.6Bullish
OBV slope

20-period OBV slope

7.96%Bullish
Volume ratio

Relative to 20-period average volume

0.93xRange

Levels / Risk

Resistance

Nearest Upside Decision Level

$53Range
Support

Nearest Downside Decision Level

$47.19Range

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