The Greedy Trader Weekly Analysis
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- 4/17/2025 -
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Fastenal Co. (FAST) Technical Analysis

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Summary:
Weekly :Weekly  MACD line has moved above its signal line
Daily :Williams' Percentage Range and Lane's Stochastic are strongly overbought
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It was a second consecutive positive week for the Fastenal Co. (FAST). During the week, the FAST gained 0.94 points, or 1.17%, and closed at 81.58 on Thursday, April 17, 2025. Weekly volume was 34% above average.

Long-term trend: [See FAST long-term trend chart]
A long-term uptrend had started on March 23, 2020 at 26.72 and reached 84.88 on November 11, 2024. FAST gained -58.16 points, or -217.66%, in 242 weeks. The chart has formed a Rising Channel chart pattern. The trend support level is at 61.89 and resistance is at 85.93. A Rising Channel represents price movement contained between parallel lower (support) and upper (resistance) trend lines. Trading Channeling stocks is one of the most reliable and accurate trading techniques that provide traders with precise entry and exit points as well as stop-losses and take-profit recommendations. Use the following link to access a Rising Channel chart pattern help, or use a Technical Stock Screener to see the list of stocks with Rising Channel pattern in a long-term trend.

Medium-term trend: [See FAST medium-term trend chart]
A medium-term downtrend had started on November 11, 2024 at 84.88 and reached 70.61 on April 8, 2025. FAST lost 14.27 points, or 16.81%, in 21 weeks. The price is now at the 76.87% retracement level.

Weekly Technical Indicators: [See FAST weekly technical indicators chart]
Weekly technical indicators are neutral.

During the last week, weekly MACD line has moved above its signal line. Such crossover is considered a bullish signal. Use the following link to access a MACD help.

Short-term trend: [See FAST short-term trend chart]
A short-term uptrend had started on April 8, 2025 at 70.61 and reached 82.42 on April 15, 2025. FAST gained -11.81 points, or -16.73%, in 7 days. The price is now at the 7.11% retracement level.

Daily Technical Indicators: [See FAST daily technical indicators chart]
Daily Williams' Percentage Range and Lane's Stochastic are strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.

The daily MACD line is above its signal line since April 10, 2025. This is an indication that the short-term trend is up.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 61.87
Williams' Percentage Range (W%R) 9.10
Strong Overbought
Lane's Stochastic (%D-Slow) 91.52
Strong Overbought
Greed/Fear Indicator (GFI) 81.43
Overbought
Moving Average Converg./Diverg. (MACD) 0.61
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 68.06
Williams' Percentage Range (W%R) 22.70
Lane's Stochastic (%D-Slow) 51.52
Greed/Fear Indicator (GFI) 61.32
Moving Average Converg./Diverg. (MACD) 1.04
Trading Signals
Description Value Chart
Yearly Trendline Resistance 85.93
Upper Bollinger Band 83.36
Price 81.58
Daily Stochastic Crossing 81.37
20 Day Moving Average 77.35
Weekly Stochastic Crossing 77.04
50 Day Moving Average 76.13
Parabolic System 75.74
Lower Bollinger Band 72.20
Sector and Industry
Description Name Rank
Sector Industrials 5
Industry Building Products 75
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 70.61
Low Date 04/08/2025
High 82.42
High Date 04/15/2025
Weekly Trend
Monthly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 84.88
High Date 11/11/2024
Low 70.61
Low Date 04/08/2025
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 61.36
Low Date 07/02/2024
High 84.88
High Date 11/11/2024
Quarterly Trend
Yearly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 43.73
Low Date 10/13/2022
High 84.88
High Date 11/11/2024
Description Value
Direction Up
Chart Pattern Rising Channel
Status Valid
Resistance 85.93
Support 61.89
Low 26.72
Low Date 03/23/2020
High 84.88
High Date 11/11/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.