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Shares of Fastenal Co Down on Above Average Volume, Moving Against Trend (FAST)

By Shiri Gupta

Shares of Fastenal Co are trading down -15.6% to $35.85 today on above average volume. About 5.5 million shares have been traded today, as compared to the 30-day average volume of 4.1 million shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend is tracking the current trend status for Fastenal Co and will alert subscribers who have FAST in their portfolio or watchlist when shares have changed trend direction.

Fastenal Co share prices have moved between a 52-week high of $143.76 and a 52-week low of $28.38 and are now trading 9% above that low price at $31.02 per share. In the last five trading sessions, the 50-day moving average (MA) has remained constant while the 200-day MA has slid 1.7%.

Keywords: unusual volume fastenal co

Ticker(s): FAST