Our Analysis of Fastenal Company ($FAST) (2019-11-18)

REPORTING FOR 2019-11-18 | LOGISTICS-BUSINESS-REVIEW.COM: We have done an in-depth analysis of how FAST has been trading over the last 2 weeks and the past day especially. On its latest session, Fastenal Company ($FAST) opened at 36.43, reaching a high of 36.58 and a low of 36.09 before closing at a price of 36.33. There was a total volume of 2551823.

VOLUME INDICATORS FOR FASTENAL COMPANY ($FAST): We saw an accumulation-distribution index of 309.626, an on-balance volume of -36.2, chaikin money flow of 5.53333 and a force index of 0.0372. There was an ease of movement rating of 0.00272, a volume-price trend of 4.44718 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR FASTENAL COMPANY ($FAST): We noted an average true range of 0.49024, bolinger bands of 36.41912, an upper bollinger band of 35.40088, lower bollinger band of 36.09, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 36.36667, high band keltner channel of 36.21667, low band keltner channel of 36.51667, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 36.09, a donchian channel low band of 36.09, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR FASTENAL COMPANY ($FAST): We calculated a Moving Average Convergence Divergence (MACD) of -0.00808, a MACD signal of -0.00449, a MACD difference of -0.00359, a fast Exponential Moving Average (EMA) indicator of 36.09, a slow Exponential Moving Average (EMA) indicator of 36.09, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.02706, a trix of 8.46965, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -3.92817, a KST Oscillator (KST) of 122.13764 and a KST Oscillator (KST Signal) of 122.13764 (leaving a KST difference of -2.79835). We also found an Ichimoku rating of 36.505, an Ichimoku B rating of 36.505, a Ichimoku visual trend A of 33.05202, an Ichimoku visual trend B of 33.95876, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR FASTENAL COMPANY ($FAST): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 92.03406, a stochastic oscillator of 326.66667, a stochastic oscillator signal of 326.66667, a Williams %R rating of 226.66667 and an awesome oscillator of 0.0395.

RETURNS FOR FASTENAL COMPANY ($FAST): There was a daily return of 12.21376, a daily log return of -1.00251 and a cumulative return of -0.99751.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-11-18 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Fastenal Company ($FAST)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Fastenal Company ($FAST) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

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