Fastenal's most recent trend suggests a bullish bias. One trading opportunity on Fastenal is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 7.53% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Fastenal is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Fastenal is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Fastenal
See what the IHS Markit Score report has to say about Fastenal Co.
Tue, 24 Jul 2018 12:01:32 +0000
Fastenal Co NASDAQ/NGS:FAST
3 Income Stocks That Could Double Their Dividend
Tue, 24 Jul 2018 10:34:00 +0000
You typically can't go wrong buying growth stocks that also pay regular dividends.
Moving Average Crossover Alert: Fastenal (FAST)
Mon, 23 Jul 2018 12:46:12 +0000
Fastenal Company (FAST) is looking like an interesting pick from a technical perspective
Vending Machines Are the Surprising Key to This Industrial Company's Growth Plan
Fri, 20 Jul 2018 13:34:00 +0000
No, it's not Pepsico, Coca-Cola, or even Carvana.
Free Research Report as Fastenal’s Net Sales Jumped 13.1% and EPS Surged 33%
Wed, 18 Jul 2018 11:05:00 +0000
LONDON, UK / ACCESSWIRE / July 18, 2018 / If you want access to our free earnings report on Fastenal Co. (NASDAQ: FAST), all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=FAST. The Company reported its second quarter fiscal 2018 operating and financial results on July 11, 2018.
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