US stock / ETF

Fastenal Company

FAST · NASDAQ · USD

4 hoursBullish56%
4h Upside probability 56%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 $43.27 and reclaim $47.77.

Invalidation Trigger

Lose $43.27 and MACD turns lower again.

Market Context

Trend PhaseBullish
Constructive Trend

Price is above EMA21

4h
Momentum StateBullish
Momentum improving

RSI 54.3, MACD -0.020

4h
Volatility EnvironmentRange
Low volatility

ATR is $0.7325 (1.58%)

4h

EMA Structure

Bullish
EMA 8$46.2Bullish
EMA 21$46.09Bullish
EMA 50$45.68Bullish

Signals

CategoryReadStrength
Momentum
RSI 54.3 · MACD -0.020

Neutral zone

Strength
Bullish
Volatility
ATR $0.7325 · BB 3.87%

Low volatility

Strength
Range
Volume
MFI 31.6 · OBV -20.57%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$43.27 - $47.77

Support/Resistance Distance

Strength
Bullish

Key Levels

Upper risk zone

+4.34% · 2.8 ATR above latest close

$48.5
Nearest resistance

+2.76% · 1.8 ATR above · 34-bar high

$47.77
Current price

Price shown is delayed

$46.49
Nearest support

-6.92% · 4.4 ATR below · 34-bar low

$43.27
Deeper support zone

-8.49% · 5.4 ATR below latest close

$42.54
ATR zone

Latest close ± ATR14

$45.75 - $47.22

Indicators

Trend

Dow Theory Structure

Confirmation $46.82, invalidation $45.47

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

Trend strength is moderate

16.7 / 16.4 / 25.2Bearish
Supertrend (10,3)

Price is above Supertrend

$44.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.97 / $45.35Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Volatility

ATR (14)

Low volatility

$0.7325 (1.58%)Range
Bollinger Bands (20,2)

Width 3.87%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$47.64 / $44.55Range
ATR channel lower / upper

Current Volatility Envelope

$45.75 / $47.22Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.77Range
Support

Nearest Downside Decision Level

$43.27Range

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.020Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.3 / 69.4Bullish
Williams %R (14)

Overbought zone

-17.7Bearish
CCI (20)

Balanced zone

58.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volume / Money Flow

MFI (14)

Money flow is weak

31.6Bearish
OBV slope

20-period OBV slope

-20.57%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Trend

Dow Theory Structure

Confirmation $46.82, invalidation $45.47

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

Trend strength is moderate

16.7 / 16.4 / 25.2Bearish
Supertrend (10,3)

Price is above Supertrend

$44.18Bullish
Ichimoku Cloud

Cloud Span A / Span B

$45.97 / $45.35Bullish
Donchian Channel (20)

20-period breakout channel position

73%Bullish

Momentum

RSI (14)

Neutral zone

54.3Range
MACD (12,26,9)

Histogram is negative

-0.020Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

82.3 / 69.4Bullish
Williams %R (14)

Overbought zone

-17.7Bearish
CCI (20)

Balanced zone

58.5Range
TD Sequential

Setup is not extreme

sell 1Bearish

Volatility

ATR (14)

Low volatility

$0.7325 (1.58%)Range
Bollinger Bands (20,2)

Width 3.87%

67%Bullish
Keltner Channel upper / lower

ATR channel lower / upper

$47.64 / $44.55Range
ATR channel lower / upper

Current Volatility Envelope

$45.75 / $47.22Range

Volume / Money Flow

MFI (14)

Money flow is weak

31.6Bearish
OBV slope

20-period OBV slope

-20.57%Bearish
Volume ratio

Relative to 20-period average volume

0.85xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$47.77Range
Support

Nearest Downside Decision Level

$43.27Range

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