Technical Analysis for FAST - Fastenal Company

Grade Last Price % Change Price Change
grade A 47.46 0.89% 0.42
FAST closed up 0.89 percent on Monday, August 3, 2020, on 84 percent of normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical FAST trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 0.89%
New Uptrend Bullish 0.89%

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Profile

Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States, Canada, and internationally. The company offers fasteners and other industrial and construction supplies under the Fastenal name. Its fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures; and miscellaneous supplies and hardware consisting of various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market that comprise original equipment manufacturers, and maintenance and repair operations, as well as other users, such as farmers, truckers, railroads, mining companies, federal, state and local governmental entities, schools, and retail trades; and construction market, which include general, electrical, plumbing, sheet metal, and road contractors. As of December 31, 2012, it operated 2,700 company-owned or leased stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.
Mining Equipment Manufacturers Construction Metalworking Rivet Sheet Metal

Is FAST a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 47.96
52 Week Low 26.715
Average Volume 4,236,486
200-Day Moving Average 37.59
50-Day Moving Average 42.98
20-Day Moving Average 44.95
10-Day Moving Average 46.24
Average True Range 1.07
ADX 27.15
+DI 31.50
-DI 11.38
Chandelier Exit (Long, 3 ATRs ) 44.75
Chandelier Exit (Short, 3 ATRs ) 45.59
Upper Bollinger Band 47.82
Lower Bollinger Band 42.07
Percent B (%b) 0.94
BandWidth 12.79
MACD Line 1.27
MACD Signal Line 1.13
MACD Histogram 0.1442
Fundamentals Value
Market Cap 13.64 Billion
Num Shares 287 Million
EPS 1.88
Price-to-Earnings (P/E) Ratio 25.24
Price-to-Sales 3.21
Price-to-Book 6.74
PEG Ratio 2.39
Dividend 1.28
Dividend Yield 2.70%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 48.53
Resistance 3 (R3) 48.57 48.27 48.35
Resistance 2 (R2) 48.27 48.00 48.24 48.29
Resistance 1 (R1) 47.86 47.83 48.07 47.82 48.23
Pivot Point 47.56 47.56 47.66 47.53 47.56
Support 1 (S1) 47.15 47.29 47.36 47.11 46.69
Support 2 (S2) 46.85 47.12 46.82 46.63
Support 3 (S3) 46.44 46.85 46.57
Support 4 (S4) 46.40