FAST

FastenalIndustrials

$43.67-0.02%

Descending Triangle Falling Wedge Symmetrical Triangle

0CP IndexNo Signal

How it works

The Setup Confidence (0-100) is an algorithmic score evaluating 4 key metrics. A score of 0 means no confirmed signal yet.

Trend Alignment (SMA)
Volume Confirmation
Pattern Clarity
Momentum (RSI)

3 Month Interval$43.67

MARAPRMAY

Next Move for FAST

Use advanced tools to confirm the Descending Triangle on FAST before you trade.

View on TradingView View on TrendSpider

Quick Actions

Trade Plan: Descending Triangle

Risk/Reward

1:3.82

Entry

$42.91

Stop

$44.61

Target

$36.41

Chart Pattern

Descending Triangle

Bearish continuation pattern.

Falling Wedge

Reversal pattern. Price likely to break upwards.

Symmetrical Triangle

Consolidation. Can break either way.

Market Analysis

Technical analysis of Fastenal (FAST) reveals a significant setup. Price has moved to $43.67 (-0.02%) amidst recent volatility. The primary technical feature is a Descending Triangle formation. Volume is average (0.39x avg) with moderate trend strength (24.5). A potential breakout level is identified at $42.91, targeting $36.41 with support near $44.61 (R:R 3.82).

Community Sentiment

What is your outlook on FAST?

Explore Related Markets

Peer Analysis

Rtx Descending Triangle Lmt Descending Triangle Gev Ascending Triangle Dal Ascending Triangle Jbht Rising Wedge

Pattern Peers

Rtx Descending Triangle Lmt Descending Triangle Ocean Descending Triangle Gild Descending Triangle Nke Descending Triangle