Technical Analysis for 0IKW - Fastenal Co.

Grade Last Price % Change Price Change
D 67.90 -0.26% -0.18
0IKW closed down 0.26 percent on Wednesday, May 1, 2024, on 30 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Flat

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -0.26%
Oversold Stochastic Weakness -0.26%
Shooting Star Candlestick Bearish -0.59%
Pocket Pivot Bullish Swing Setup -0.59%
Volume Surge Other -0.59%
Narrow Range Bar Range Contraction -0.59%
Doji - Bearish? Reversal -0.59%

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Profile

Fastenal Co. Description

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, Mexico, and internationally. It offers fasteners, and related industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including pins, machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations customers; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.


Classification

Keywords: Mining Construction Metals Equipment Manufacturers Oil Exploration Metalworking Fasteners Minnesota Screw Sheet Metal

Is 0IKW a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 78.933
52 Week Low 52.905
Average Volume 11,955
200-Day Moving Average 63.55
50-Day Moving Average 73.11
20-Day Moving Average 70.41
10-Day Moving Average 67.93
Average True Range 1.13
RSI (14) 29.08
ADX 38.38
+DI 13.29
-DI 32.21
Chandelier Exit (Long, 3 ATRs) 73.71
Chandelier Exit (Short, 3 ATRs) 70.21
Upper Bollinger Bands 77.22
Lower Bollinger Band 63.60
Percent B (%b) 0.32
BandWidth 19.34
MACD Line -1.74
MACD Signal Line -1.63
MACD Histogram -0.108
Fundamentals Value
Market Cap 195.13 Million
Num Shares 287 Million
EPS 1.70
Price-to-Earnings (P/E) Ratio 39.94
Price-to-Sales 0.03
Price-to-Book 0.00
Dividend 1.40
Dividend Yield 2.06%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 68.52
Resistance 3 (R3) 68.55 68.39 68.41
Resistance 2 (R2) 68.39 68.23 68.37 68.38
Resistance 1 (R1) 68.14 68.13 68.06 68.11 68.34
Pivot Point 67.98 67.98 67.94 67.96 67.98
Support 1 (S1) 67.73 67.82 67.65 67.70 67.46
Support 2 (S2) 67.57 67.72 67.55 67.42
Support 3 (S3) 67.32 67.57 67.39
Support 4 (S4) 67.29