Fastenal Co (FAST)

Download button icon Download

Fastenal Co (FAST): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Fastenal Co (FAST)


Indicator:

SINE WEIGHTED MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $56.02
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Fastenal Co (NASDAQ:FAST) currently has a confirmed downtrend. Recent trading has caused the SWMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is -2.2%.



A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.

Calculation: Sine Weighted Moving Average (SWMA):
1) PI:=3.14;
2) SD:=180/6;
3) S1:=Sin(1*180/6)*C;
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
8) Num:=S1+S2+S3+S4+S5;
9) Den:=Sin(SD)+Sin(2*SD)+Sin(3*SD)+Sin(4*SD)+Sin(5*SD);
10) SWMA=Num/Den


PROFILE: Fastenal Co (FAST)


Stock Exchange: NASDAQ
Company: Fastenal Co
Ticker Codes: | FAST | NASDAQ:FAST |

About Fastenal Co (NASDAQ:FAST):

Fastenal Company, together with its subsidiaries, engages in the wholesale distribution of industrial and construction supplies in the United States, Canada, and internationally. It offers fasteners, and other industrial and construction supplies under the Fastenal name. The company's fastener products include threaded fasteners, such as bolts, nuts, screws, studs, and related washers, which are used in manufactured products and construction projects, as well as in the maintenance and repair of machines. It also offers miscellaneous supplies and hardware, including various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories. The company serves the manufacturing market comprising original equipment manufacturers; maintenance, repair, and operations; and non-residential construction market, which includes general, electrical, plumbing, sheet metal, and road contractors. It also serves farmers, truckers, railroads, mining companies, schools, and retail trades; and oil exploration, production, and refinement companies, as well as federal, state, and local governmental entities. As of December 31, 2017, the company distributed its products through a network of 2,383 company owned stores. Fastenal Company was founded in 1967 and is headquartered in Winona, Minnesota.

Top 10:

Sine Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
ELGX Endologix Inc 0.73 9 655,296 -14.5 BEARISH
ITCI Intra-Cellular 14.43 6.7 306,710 -3.6 BEARISH
ANIP ANI Pharmaceuticals 53.86 4.6 56,540 -1 BEARISH
IESC Ies Holdings 17.2 3.8 23,253 -2.1 BEARISH
SPOK Spok Holdings Inc 13.3 3.8 49,702 -10.3 BEARISH
GNBC Green Bancorp 18.84 3.6 322,600 -3.3 BEARISH
CVTI Covenant Transportation Group 20.84 2.9 74,322 -7.5 BEARISH
GOGL Golden Ocean 7.04 2.8 85,615 -0.6 BEARISH
FANG Diamondback Energy 104.49 2.6 2,105,215 -4.4 BEARISH
NCBS Nicolet Bankshares 51.49 2.6 15,136 -1.2 BEARISH
back to top