FASTENAL CO (FAST)

US3119001044 - Common Stock

68.48  +0.31 (+0.45%)

After market: 68.75 +0.27 (+0.39%)

Technical Rating and Analysis

3

Overall FAST gets a technical rating of 3 out of 10. FAST was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

FAST is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
When comparing the yearly performance of all stocks, we notice that FAST is one of the better performing stocks in the market, outperforming 70% of all stocks.
FAST has an average volume of 3755490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
FAST is part of the Trading Companies & Distributors industry. There are 52 other stocks in this industry, FAST did better than 49% of them.
FAST is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so FAST is lagging the market slightly.
Weekly and Daily overview Charts
FAST Weekly chart
FAST Daily chart
Setup Rating and Analysis

7

FAST has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 67.98, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

57.27

79.20

We found 3 important support areas.

  • A support zone ranging from 67.45 to 67.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @60.96 from a trend line in the weekly time frame.
  • Support @57.85 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 78.10 to 78.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.05
Mansfield-0.05
10 Day High69.81
10 Day Low66.79
20 Day High77.13
20 Day Low66.79
52 Week High79.04
52 Week Low52.86
Performance
1 Week1.53%
2 Weeks-1.31%
1 Month-10.59%
3 Month-3.07%
6 Month14.52%
12 Month25.28%
2 Year23.81%
3 Year30.99%
5 Year94.13%
10 Year173.48%
15 Year257.04%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.22
RSI(14)33.8
LBB65.16
UBB72.59
FAST Daily chart

FASTENAL CO

NASDAQ:FAST (4/29/2024, 7:00:03 PM)

After market: 68.75 +0.27 (+0.39%)

68.48

+0.31 (+0.45%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg0.45%
1 Week1.53%
2 Weeks-1.31%
1 Month-10.59%
3 Month-3.07%
6 Month14.52%
12 Month25.28%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.55
ATR(20)%2.17%
ATR Inc
Range Today0.77
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High69.81
10 Day Low66.79
20 Day High77.13
20 Day Low66.79
52 Week High79.04
52 Week Low52.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.82M
Volume Incr-25.62%
Vol(5)3.02M
Vol(50)3.76M