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Fastenal Co Bullish Moving Average Crossover Alert (FAST)

By James Quinn

Fastenal Co (NASDAQ:FAST) crossed over its 10-day moving average of $30.99 on a volume of 743K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, shares of Fastenal Co have traded between a low of $26.72 and a high of $143.76 and are now at $31.63, which is 18% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 1.6% while the 200-day MA has remained constant.

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.

Keywords: moving crosses fastenal co

Ticker(s): FAST