Fastenal Co (FAST): Price Up $0.77 (1.44)% Over Past Day, Up $0.21 (0.39)% Over Past Hour

The Hourly View for FAST

Currently, FAST (Get Ratings)’s price is up $0.21 (0.39%) from the hour prior. FAST has seen its price go up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 50 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Out of Retail stocks, FAST ranks 73rd in regards to today’s price percentage change.

FAST’s Technical Outlook on the Daily Chart

At the time of this writing, FAST’s price is up $0.77 (1.44%) from the day prior. FAST has seen its price go up 4 out of the past 5 days, thus creating some compelling opportunities for bulls. As for the trend on the daily timeframe, we see the clearest trend on the 50 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows FAST’s price action over the past 90 days.

FAST

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FAST: Daily RSI Analysis

  • FAST’s RSI now stands at 90.2174.
  • FAST and RSI may be exhibiting divergent trends. This may be something to monitor.

For FAST News Traders

Investors and traders in FAST may be particularly interested in the following story that came out in the past day:

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