FASTENAL CO (FAST) Stock Technical Analysis
NASDAQ:FAST - Nasdaq - US3119001044 - Common Stock - Currency: USD
Overall FAST gets a technical rating of 8 out of 10. Although FAST has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, FAST did better than 89% of all other stocks.
FAST is one of the better performing stocks in the Trading Companies & Distributors industry, it outperforms 87% of 48 stocks in the same industry.
FAST is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so FAST slightly outperforms the market at the moment.
In the last month FAST has a been trading in the 70.61 - 82.42 range, which is quite wide. It is currently trading near the high of this range.
FAST has an average volume of 3769970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
FAST has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
69.29
85.19
We found 4 important support areas.
- A support zone ranging from 75.65 to 77.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @73.19 from a horizontal line in the daily time frame.
- A support zone ranging from 71.20 to 71.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @69.99 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 83.56 to 84.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.02
Mansfield2.07
10 Day High82.42
10 Day Low70.61
20 Day High82.42
20 Day Low70.61
52 Week High84.88
52 Week Low61.36
Performance
1 Week7.64%
2 Weeks4.58%
1 Month8.04%
3 Month7.23%
6 Month4.72%
12 Month20.73%
2 Year51.52%
3 Year47.5%
5 Year125.24%
10 Year282.83%
15 Year198.34%
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)0.62
RSI(14)61.46
LBB71.11
UBB84.15
81.58
+1.13 (+1.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg1.4%
1 Week7.64%
2 Weeks4.58%
1 Month8.04%
3 Month7.23%
6 Month4.72%
12 Month20.73%
2 Year51.52%
3 Year47.5%
5 Year125.24%
10 Year282.83%
15 Year198.34%
Volatility
ATR(14)3.04
ATR(20)%3.15%
ATR Inc-40.98%
Range Today1.4
ADR(20)2.52
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.02
Mansfield2.07
10 Day High82.42
10 Day Low70.61
20 Day High82.42
20 Day Low70.61
52 Week High84.88
52 Week Low61.36
CS1 End77.57
CR1 Start83.56
Volume & EV
DER(3)0.01%
DER(5)0%
Volume3.50M
Volume Incr11.79%
Vol(5)4.71M
Vol(50)3.77M