Trading Signals: FAST Stock Price Prediction and Forecast

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Fri. May. 8, 2020

Trading Signals: FAST Stock Price Prediction and Forecast (Fri. Mar. 14, 2014 - Fri. Dec. 22, 2023)

(Fastenal Co)
FAST latest price $39.0500 (2.33%) ($38.4300 - $39.1100) on Fri. May. 8, 2020.

Trend Analysis and Forecast

Average Daily Percentage Swing   4.06% (three month average)
RSI   75
Latest Price   $39.0500(2.33%)
Stocks Behave Similarly   Similar Stock List
Daily Trend   FAST advances 1.8% a day on average for past five trading days.
Weekly Trend   FAST advances 3.5% a week on average for past two weeks.
Market Behavior   Broad based rally for large cap. Broad based rally for small cap.
Correlated ETFs   Broad market will support FAST advance at 0% a week (0% probability)
SPY(65%)    SPLV(64%)    DIA(62%)    PAVE(62%)    IVE(61%)
Factors Impacting FAST price   FAST will decline at least -2.03% in a week (0% probabilities).
VIXM(-35%)    UUP(-19%)    VXX(-14%)    TBT(-3%)    IGOV(0%)
Explanation The rally is not sustainable and not supported by the broad market.

Relative Volatility (options are extremely cheap)

Market Trend Strength   -2.03% (StdDev 4.06%)
Hourly BBV 1.6 ()
Intraday Trend 0%

5 Day Moving Average   $37.52(4.08%)
10 Day Moving Average   $37.07(5.34%)
20 Day Moving Average   $35.98(8.53%)
To recent high   0%
To recent low   38.5%
Market Cap   $22.398b

Fastenal Co. engages in the provision of fasteners, tools, and supplies which can help in the manufacture of products, build structures, protect personnel, and maintain facilities and equipment. It products include cutting tools & metalworking, fasteners, material handling, storage & packaging power, transmission & motors, tools & equipment, electricals, abrasives, hydraulics & pneumatics, plumbing, lifting & rigging, raw materials, fleet & automotive, welding, office products & furniture, janitorial and lighting. The company was founded by Robert A. Kierlin, Michael M. Gostomski, Henry K. McCannon, John D. Remick, and Stephen M. Slaggie in November 1967 and is headquartered in Winona, MN.

$. FAST price fluctuates within 4.2% (three month std-dev: 4.06%) daily (68% of days).

Sample size 50 Average positive next day return: 1.35%(50%) Average negative next day return: -1.76%(50%) Sample size 50 Average positive next three day return: 3.53%(60%) Average negative next three day return: -3.38%(40%) Sample size 50 Average positive next weekly return: 4.09%(52%) Average negative next weekly return: -3.57%(48%)

Analysis News Options Weekly Chart Daily Chart 2 Month Daily Chart

> 20200608

i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD
1	May_8_2020	35.22	35.98	37.07	37.52	37.86	38.54	39.05(2.33%)	UT	OpenLong	75	1	32	150	22	61	3.23	51%	0.06	90.7	4.06%	1.6	2	75	2
2	May_7_2020	35.2	35.7	36.75	36.85	37.05	37.93	38.16(0.83%)	UT	OpenLong	75	0.9	26	180	19	46	4.39	51%	0.06	95.2	4.08%	1	1.8	62	1.4
3	May_6_2020	35.18	35.42	36.43	36.47	36.44	37.18	37.85(3.22%)	UT	OpenLong	75	1	22	140	17	35	5.28	51%	0.03	91.6	4.09%	1.2	1.7	63	0.8
4	May_5_2020	35.17	35.13	36.12	36.28	36.09	36.18	36.67(2.23%)	UT	OpenLong	75	0.3	11	0	5	28	4.04	51%	-0.03	88.4	4.07%	1.3	1	64	1.1
5	May_4_2020	35.18	34.91	35.89	36.34	36.16	35.7	35.87(0.43%)	N/A	N/A	0	-0.3	-1	-100	-9	23	2.93	52%	-0.03	87.1	4.07%	-0	0.6	61	0.5

6	May_1_2020	35.19	34.66	35.8	36.54	36.53	36	35.71(-1.49%)	UD	OpenLong	65	-0.5	2	-100	-10	39	3.42	53%	-0.06	78.5	4.06%	-1.1	0.6	72	0.4
7	Apr_30_2020	35.21	34.42	35.82	36.61	36.79	36.62	36.25(-1.77%)	UD	OpenLong	65	-0.2	13	-20	-1	54	5.53	52%	0	69.8	4.08%	-1	0.9	64	1.3
8	Apr_29_2020	35.21	34.14	35.74	36.34	36.65	37.06	36.91(-0.11%)	UD	OpenLong	75	0.3	25	100	11	65	3.48	52%	0.03	64.4	4.07%	-0.2	1.3	71	1.7
9	Apr_28_2020	35.2	33.86	35.5	35.92	36.17	36.95	36.95(0.14%)	UT	OpenLong	75	0.5	34	170	21	71	4.36	53%	0	59.3	4.07%	0.6	1.5	73	1.2
10	Apr_27_2020	35.2	33.59	35.25	35.38	35.57	36.25	36.9(2.4%)	UT	OpenLong	75	0.8	33	150	21	68	3.87	53%	0.03	63.5	4.08%	1.5	1.7	71	1.4

11	Apr_24_2020	35.19	33.29	34.8	34.98	34.97	35.39	36.03(3.13%)	UT	OpenLong	75	0.6	21	80	7	63	3.45	52%	0.03	67.6	4.07%	2.8	1.5	75	0.9
12	Apr_23_2020	35.18	33.09	34.55	34.96	34.81	34.9	34.94(0.34%)	UT	OpenLong	75	-0	19	10	1	74	3.96	52%	0	72.4	4.06%	0.6	1.1	71	0.4
13	Apr_22_2020	35.18	32.86	34.32	35.06	35.07	34.54	34.82(1.74%)	UD	OpenLong	65	-0.1	20	-100	-2	86	3.48	52%	0	64.6	4.06%	0.1	1.1	71	0.3
14	Apr_21_2020	35.18	32.69	34.06	35	35.16	34.73	34.22(-1.95%)	UD	OpenLong	65	-0.4	13	-70	-12	87	4.81	51%	-0.03	57.3	4.05%	-1.4	0.9	65	-0.2
15	Apr_20_2020	35.19	32.4	33.87	35.06	35.18	35.6	34.9(-2.84%)	UD	OpenLong	75	-0.1	32	90	9	101	3.78	51%	0	44.2	4.06%	-1.1	1.3	64	0.6

16	Apr_17_2020	35.19	32.09	33.44	34.54	34.96	35.59	35.92(1.35%)	UT	OpenLong	75	0.7	41	160	23	93	4.93	51%	0	23	4.07%	1	1.9	72	1.2
17	Apr_16_2020	35.19	31.88	32.91	34.09	34.07	34.77	35.44(2.61%)	UT	OpenLong	75	0.8	31	140	17	74	6.09	51%	0	22.1	4.07%	1.8	2	62	1.1
18	Apr_15_2020	35.19	31.75	32.42	33.49	33.63	34.33	34.54(0.06%)	UT	OpenLong	75	0.6	33	160	23	64	4.93	51%	-0.06	15.6	4.06%	1	1.7	67	1.1
19	Apr_14_2020	35.21	31.72	32.08	32.98	33.11	33.36	34.52(6.92%)	UT	OpenLong	75	0.9	24	60	16	48	7.05	51%	-0.03	9.3	4.06%	1.5	1.7	61	1.5
20	Apr_13_2020	35.22	31.56	31.77	32.51	32.64	32.93	32.29(-4.03%)	UD	OpenLong	75	-0.1	19	70	8	51	5.03	49%	-0.11	2.8	3.97%	-0.6	0.5	67	1.2

21	Apr_9_2020	35.26	31.63	31.65	32.15	32.51	32.85	33.64(3.6%)	UT	OpenLong	75	1	31	110	21	59	5.95	50%	-0.03	-3.9	3.91%	1.8	1.3	69	0.9
22	Apr_8_2020	35.27	31.49	31.49	31.55	31.81	32.35	32.47(1.53%)	UT	OpenLong	75	0.6	18	140	11	39	4.48	50%	-0.11	-26.3	3.88%	0.6	0.6	51	0.9
23	Apr_7_2020	35.31	31.5	31.26	31.19	31.4	32.17	31.98(-0.62%)	UD	OpenLong	75	0.5	18	190	18	18	6.39	50%	-0.11	-39.4	3.87%	0.5	0.3	46	0.8
24	Apr_6_2020	35.35	31.57	31.19	31.04	30.94	31.26	32.18(5.56%)	N/A	N/A	0	0.7	7	60	10	-3	6.09	50%	-0.11	-44.7	3.87%	1.6	0.4	44	0.8
25	Apr_3_2020	35.39	31.52	30.81	30.96	30.81	30.64	30.49(-0.54%)	DT	OpenShort	-75	-0.3	-10	-50	-4	-27	4.61	48%		-53.9	3.81%	-0.7	-0.6	49	0.1
i	Date	ema100	ema20	ema10	ema5	Slow Hourly Trend	Fast Hourly Trend	Close	Pattern	Trade	P	SMA5 BBV	WTF	lsma10 Trend	ema5 Trend	ema10 Trend	Volume millions	Quarterly Strength	100 Daily Trend	Daily Trend Force	Daily StdDev	Hourly BBV	BBV	RSI	VIXCD

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