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Takip Edin: @UscMarketsFAST Stock Forecast & Fastenal Company Chart Analysis
This article provides a detailed analysis of FAST-Fastenal Company stock including a forecast for FAST shares. It features Fastenal Company technical analysis, support and resistance levels, financial report evaluations, buy and sell signals based on simple moving averages and MACD, and artificial intelligence-assisted target price predictions
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FAST Historical Data Review
FAST Current Price Performance Analysis
The Fastenal Company - FAST stock traded on the American stock market, on 06-05-2024, closed at 65.19$ with a %1.32 increased compared to the previous day.
In the last month, the price of FAST changed by %-2.32 decreased in value, from 66.74 dollars on 05-06-2024 to 65.19 dollars, decreased.
Last year, the price of FAST was 53.96 dollars on 06-06-2023, and changed by %20.81 increased in value, to 65.19 dollars increased within a year.
The price of Fastenal Company stock is below both the 50-day and 100-day moving averages. Looks a bit grim for the medium and long term. Investors might want to tread carefully here, maybe give those risk strategies another once-over.
FAST with AI Stock Forecast & Price Target
On the FAST chart Fastenal Company price was recorded as 65.19 Dollars on 06/05/2024.
The artificial intelligence's forecast on FAST stock is as follows.
The artificial intelligence's prediction error margin for FAST stock is high.
There are two types of risk factors in the artificial intelligence's targets: timing and target prices.
For example, the target price for one month later may be realized three months later. But there is no guarantee of this.
The average predicted price for Fastenal Company stock over the next 4 months is: 75.9 Dollars.
The commentary on FAST stock Target Price: Highest: 81.987 Dollars is predicted.
The commentary on FAST stock Target Price: Lowest: 69.347 Dollars is predicted.
Resistance Price where Fastenal Company stock will Rise and Fall:
| Date | Price Prediction |
|---|---|
| 07-10-2024 | 72.657 |
| 12-02-2024 | 80.582 |
| 02-20-2025 | 78.060 |
Support Price where Fastenal Company stock will Fall and Rise:
| Date | Price Prediction |
|---|---|
| 08-09-2024 | 70.013 |
| 01-06-2025 | 75.448 |
| 02-25-2025 | 78.034 |
The commentary on FAST stock: The target price can generally be said to be on the rise.
The commentary on FAST stock: Fluctuations in the target price can be expected in the coming days.
The target price for Fastenal Company stock by the end of 2024 is predicted to be 76.708 Dollars.
The price prediction graph prepared with the help of artificial intelligence, the commentary on FAST stock, and the 2024 target price predictions for Fastenal Company are detailed above.
The technical analysis and charts for the commentary on FAST stock are below.
FAST Support & Resistance and Trend Analysis
FAST stock you have reviewed the technical analysis support resistance charts regarding.
FAST : Targeting Support and Resistance Price Levels
According to the algorithmic analysis results related to the FAST review, the Fastenal Company support and resistance prices are as follows.
Support and resistance levels on the chart are not absolute. They may vary depending on market conditions and macroeconomic indicators.
Fastenal Company Support and Resistance Prices:
| FAST Support Level Price | FAST Resistance Level Price |
|---|---|
| 58.23 | 61.25 |
| 59.47 | 62.60 |
| 61.33 | 64.29 |
| 65.49 | 65.66 |
| 66.71 | 68.33 |
| 67.59 | 68.95 |
| 68.46 | 70.95 |
| 73.69 | 72.28 |
| 79.04 |
FAST Technical Analysis: SMA, RSI, MACD
Upon reviewing the FAST chart, buy and sell signals have been generated in the Fastenal Company technical analysis with technical indicators. There are over 100 technical indicators in the market. Each technical indicator can produce different signals.
However, please remember that technical analysis is only a tool and exact results cannot be guaranteed.
On The technical analysis chart and stock comments for FAST stock are as follows:- FAST technical analysis indicates that the 14-period RSI has most recently generated a 'Buy' signal.
- The technical analysis for Fastenal Company gave a 'Buy' signal when the RSI was at 25.874, with the current RSI value at 39.125.
- The technical analysis for FAST indicates that the MACD indicator (with parameters 9, 12, 26) has most recently generated a 'Buy' signal.
- The technical analysis for Fastenal Company issued a 'Buy' signal when the MACD was at -1.137, with the current MACD value being: -1.132
Basic Technical Analysis Tips for Financial Markets
- Moving averages may not yield reliable results in stagnant, sideways markets.
- According to MACD technical analysis, the most optimal buying opportunity is a 'Buy' signal given when the MACD is below the 0 level.
- An RSI crossing below 70 is used as a sell signal, and a crossing above 30 is used as a buy signal.
- During a strong upward trend, the RSI can rise above 70 and stay there.
- No indicator is perfect. Having indicators corroborate each other can increase the chances of success.
- Instead of fully relying on these indicators for your investment decisions, it is recommended to conduct a comprehensive analysis and consult a professional financial advisor.
You have read the comments, technical analyses, target prices, and financial reports for Fastenal Company stock: Click here to read more predictions on Nordea Bank Abp stock.
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