Fastenal $FAST Technical Update

The Fastenal (NASDAQ: FAST) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for FAST, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Strong Weak Neutral
P1 51.37 47.88 48.38
P2 53.35 54.16 55.78
P3 54.66 60.47 62.98

Long Term Trading Plans for FAST

January 11, 2019, 4:00 pm ET

The Technical Summary and Trading Plans for FAST help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this FAST Report.

FAST - (Long) Support Plan

The technical summary data tells us to buy FAST near 48.38 with an upside target of 55.78. This data also tells us to set a stop loss @ 48.12 to protect against excessive loss in case the stock begins to move against the trade. 48.38 is the first level of support below 54.74 , and by rule, any test of support is a buy signal. In this case, support 48.38 would be being tested, so a buy signal would exist.

FAST - (Short) Resistance Plan

The technical summary data is suggesting a short of FAST as it gets near 55.78 with a downside target of 48.38. We should have a stop loss in place at 56.04 though. 55.78 is the first level of resistance above 54.74, and by rule, any test of resistance is a short signal. In this case, if resistance 55.78 is being tested, so a short signal would exist.

FAST Long Term Analysis

FAST EPS Analysis

FAST Dividend Chart

FAST Revenue chart

FAST Growth rate - Quarterly

FAST Growth rate - Yearly

FAST PE chart

FAST PEG chart