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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Fastenal Company (NASDAQ:FAST)

Long-Term Downtrend (-90) - FAST is in a strong downtrend that is likely to continue. While FAST is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid FAST?

MarketClub looks at technical strength and momentum to determine if the timing is right for FAST.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_FAST
Open High Low FAST Price Change
66.1200 66.8200 65.9163 66.7500 +0.3400
Entry Signal

MarketClub’s Trade Triangles for FAST

long term down The long-term trend has been DOWN since May 6th, 2024 at 66.79

intermediate term down The intermediate-term trend has been DOWN since Apr 9th, 2024 at 75.07

short term down The short-term trend has been DOWN since May 6th, 2024 at 67.46

Smart Scan Analysis for FAST

Based on our trend formula, FAST is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for FAST
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
66.1200 66.8200 65.9163 66.7500 +0.3400
Prev. Close Volume Bid Ask Time
66.7800 2318343 2024-05-08 15:59:39
Year High61.14Year High Date2018-08-21
Year Low47.37Year Low Date2018-07-05
52wk High79.0452wk High Date2024-03-21
52wk Low52.8652wk Low Date2023-06-07
Year End Close46.65Average Volume4,170,709
Shares Outstanding572,233Short Interest15,959,197
% Institutional77.4Market Cap19,209M
Assets453,270,000MLiabilities110,350,000M
P/E Ratio32.7143Beta0.91
Volatility29.33
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