
Technical analysis of Fastenal Company (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Fastenal Company is a company engaged in the wholesale distribution of industrial and construction supplies, headquartered in Winona, Minnesota, with operations in the United States, Canada, Mexico, and internationally. The company offers fasteners and related industrial products including bolts, nuts, screws, and washers, along with miscellaneous supplies and hardware used in manufacturing, construction, and maintenance activities. It serves a diverse customer base comprising manufacturers, maintenance and repair operators, construction companies, mining enterprises, government entities, and other industrial sectors.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 2, 2026, computed on the last 12 months of prices.
21 sessions
50.82 $
−5.69%
50 sessions
48.45 $
−1.07%
200 sessions
44.88 $
+6.79%
s2
48.13
Support
s1
48.44
Support
pivot
48.84
Pivot
r1
49.15
Resistance
r2
49.55
Resistance
In the September 2, 2026 session Fastenal Company closed lower at 47.93 $, −1.68% versus the previous session.
The price sits mixed against its moving averages: −5.69% against the 21-session average, −1.07% against the 50 and +6.79% against the 200.
The 14-period RSI reads 38.7, in neutral territory.
MACD stands at 0.179 against a signal line at 0.699: the histogram is negative (−0.520).
ADX reads 21.0, indicating weak directionality.
Levels computed on the latest session place supports at 48.44 and 48.13 $ and resistances at 49.15 and 49.55 $, around a pivot of 48.84.
The average daily range (ATR) is 1.066 $, or 2.22% of price.
Turnover was 7.2M shares, 115% of the 20-session average.
Over the last twelve months the price ranged between 42.68 and 52.91 $, and today stands −9.42% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Fastenal Company analysed technically?
Technical analysis of Fastenal Company is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Fastenal Company?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Fastenal Company?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Fastenal Company it helps frame the technical structure of the historical chart and is not a forecast.
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