By Mill Chart
Last update: Jun 30, 2025
FASTENAL CO (NASDAQ:FAST) has been identified as a promising technical breakout candidate by our screening process. The stock demonstrates both strong technical health and a well-defined setup pattern, making it worth a closer look for traders.
FAST scores a perfect 10 out of 10 on the ChartMill Technical Rating, reflecting its strong momentum and trend consistency. Key observations from the technical report include:
With a Setup Rating of 9, FAST presents a consolidation pattern that often precedes a breakout:
The analysis suggests a potential entry above $42.88, with a stop-loss below $40.87. This setup offers a favorable risk-reward ratio, with a downside risk of 4.69%.
For more technical breakout opportunities, check our Technical Breakout Setups screener, updated daily.
This is not investment advice. Always conduct your own analysis and consider risk management before trading.