Fastenal Co stock forecast: down to 64.96 USD FAST stock price prognosis

STOCK

Forecast for Wed 19 Jun 2024 price 63.85

Fastenal Co stock price forecast for further price development down to -15.65% (time horizon: 1 day) and price target of 64.96 USD. Short-term (time horizon: 2 weeks) Fastenal Co share price prediction for 2024-06-19 with daily closed price projections

Key Facts

Symbol FAST 

ISIN US3119001044 

CUSIP 311900104

Currency USD

Category Retail-Building Materials, Hardware, Garden Supply

Forecast price change %

Relative Strength Index (RSI)

Finance numbers

Revenue 5,697,000,000.0

Earnings per share 1.51

Dividends 1.06

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On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

The year end is December 31, 2020 unless additional years are included or noted. We have two primary versions of our branch locations:1.) There are many reasons why local or regional management might decide to close a location. Collectively, these tools form our Fastenal Managed Inventory (FMI) capabilities. Our discussion generally focuses on the approximately 95,700 product revenue devices. We expect to continue to build out and develop our digital solutions over time. We also operate one distribution center in Europe, located in Dordrecht, Netherlands. 17 car in the NASCAR® Cup Series, driven by Chris Buescher. Market strategies in industrial distribution are varied. Employment and Compensation PhilosophyFastenal's success is defined by our people. In addition, we move and source products within North America. Any trading disruption (tariffs, product restrictions, etc.)

Summerized Form 10-K with GPT-2 https://www.sec.gov/Archives/edgar/data/815556/000081555621000008/0000815556-21-000008.txt
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 73.78/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is not growing faster compared with the industry.
    • Stock price is above book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
A - BARCLAYS PLC 2023-06-30 1094176
A - Atria Wealth Solutions, Inc. 2023-03-31 13850
A - OSAIC HOLDINGS, INC. 2023-06-30 161478
AIA Group Ltd 2023-06-30 13183
China Universal Asset Management Co., Ltd. 2023-06-30 644

Fund ownership list is based on filling form information

Fund name Date Amount Profile
Old Westbury Funds Inc 2023-07-31 12184 Long
DIMENSIONAL INVESTMENT GROUP INC 2023-07-31 163710 Long
Pacer Funds Trust 2023-07-31 33424 Long
Pacer Funds Trust 2023-07-31 1913 Long
Pacer Funds Trust 2023-07-31 13 Long

Insider trading for Fastenal Co

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1660150 Miller Charles S. 2024-03-15 SALE Accept Accept Accept Accept
1607149 Soderberg John Lewis 2024-01-23 SALE Accept Accept Accept Accept
1691805 Watts Jeffery Michael 2024-02-20 SALE Reject Accept Accept Accept
1418483 Jansen James C 2023-12-06 SALE Reject Reject Reject Reject
1607155 Owen Terry Modock 2023-10-24 SALE Accept Accept Accept Accept
1589160 Lisowski Sheryl Ann 2023-11-10 SALE Reject Reject Reject Reject
1691831 Drazkowski William Joseph 2024-01-25 SALE Accept Accept Accept Accept
1454708 Ancius Michael J 2023-07-17 BUY Accept Accept Accept Accept
1246432 Wisecup Reyne K 2024-01-19 SALE Accept Accept Accept Accept
1017427 Florness Daniel L 2023-11-30 SALE Accept Accept Accept Accept
Assets / Liabilities

Bollinger Bollinger Bands for Fastenal Co can provide the information where the market is moving based on price information.

Fastenal Co Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns Fastenal Co.

On-Balance Volume information for Fastenal Co. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for Fastenal Co. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for Fastenal Co. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for Fastenal Co. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for Fastenal Co. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for Fastenal Co. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for Fastenal Co. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

Heikin Ashi trading signals are generated based on the Heikin Ashi candles, which are a type of candlestick that smooths out the price action and can help to identify trends. Heikin Ashi signals can be used to identify both long and short trading opportunities.

The awesome oscillator is a momentum indicator that measures the speed and strength of price movements. It is calculated by subtracting a 34-period simple moving average (SMA) from a 5-period SMA.

The Parabolic SAR indicator is a trend-following indicator that uses a series of dots to indicate when a trend is likely to reverse. The Parabolic SAR is a lagging indicator, meaning that it does not predict reversals, but rather confirms them after they have already occurred.

Moving Average Crossover

52W High 52W Low Market Cap

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Fastenal Co on Nasdaq

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Figure below show the stock predictions.
Date Closing price Prediction was updated
2024-05-24 64.96 2024-04-24 09:09
2024-05-22 65.07 2024-04-24 09:09
2024-05-23 64.99 2024-04-24 09:09
2024-05-20 65.23 2024-04-24 09:09
2024-05-21 65.18 2024-04-24 09:09
2024-06-07 64.31 2024-04-24 09:09
2024-06-05 64.42 2024-04-24 09:09
2024-05-30 64.66 2024-04-24 09:09
2024-05-29 64.73 2024-04-24 09:09
2024-06-03 64.55 2024-04-24 09:09
2024-06-04 64.49 2024-04-24 09:09
2024-05-31 64.62 2024-04-24 09:09
2024-05-27 64.87 2024-04-24 09:09
2024-05-28 64.81 2024-04-24 09:09
2024-06-06 64.36 2024-04-24 09:09
2024-04-29 66.82 2024-04-24 09:09
2024-06-10 64.24 2024-04-24 09:09
2024-06-11 64.18 2024-04-24 09:09
2024-06-19 63.85 2024-04-24 09:09
2024-06-17 63.96 2024-04-24 09:09
2024-06-18 63.90 2024-04-24 09:09
2024-06-12 64.13 2024-04-24 09:09
2024-06-13 64.07 2024-04-24 09:09
2024-04-30 66.87 2024-04-24 09:09
2024-06-14 64.01 2024-04-24 09:09
2024-05-15 65.43 2024-04-24 09:09
2024-05-08 65.90 2024-04-24 09:09
2024-05-16 65.37 2024-04-24 09:09
2024-04-25 67.26 2024-04-24 09:09
2024-04-26 66.79 2024-04-24 09:09
2024-05-09 65.82 2024-04-24 09:09
2024-05-10 65.69 2024-04-24 09:09
2024-05-17 65.30 2024-04-24 09:09
2024-05-01 66.42 2024-04-24 09:09
2024-05-02 66.42 2024-04-24 09:09
2024-05-03 66.22 2024-04-24 09:09
2024-05-06 66.15 2024-04-24 09:09
2024-05-07 66.22 2024-04-24 09:09
2024-05-13 65.63 2024-04-24 09:09
2024-05-14 65.59 2024-04-24 09:09

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.