Wednesday, April 11, 2018 11:26:10 AM
Fastenal Company (NASDAQ:FAST) is leader in wholesale distribution of industrial and construction supplies. Today, the stock is trading lower by 8.10 percent to $50.01 a share. The decline comes after the company reported earnings earlier today. Traders should note that the stock is now trading sharply below its important 50-day moving average. This puts the stock in a weak technical position on the charts. There should still be some support around the 200-day moving average in the near term. Should that level fail to hold as support on a closing basis then the next major support area will be around the $45.00 level. At this time, the $45.00 level will be a very solid area for a potential swing trade.
Nicholas Santiago
InTheMoneyStocks
Recent FAST News
- U.S. Futures Dip Ahead of PPI and Unemployment Claims, Oil Prices Slide • IH Market News • 04/11/2024 11:23:45 AM
- Fastenal Company Reports 2024 First Quarter Earnings • Business Wire • 04/11/2024 10:50:00 AM
- Fastenal Company Announces Cash Dividend • Business Wire • 04/10/2024 08:15:00 PM
- U.S. Futures Dip Ahead of Key Inflation Data and Q1 Earnings Season Kickoff, Oil Prices Decline • IH Market News • 04/08/2024 11:19:03 AM
- Fastenal Releases 2024 Environmental, Social, and Governance (ESG) Report • Business Wire • 03/28/2024 08:05:00 PM
- Fastenal Company Announces Conference Call to Review 2024 First Quarter Earnings • Business Wire • 03/27/2024 08:15:00 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 03/06/2024 03:50:32 PM
- Fastenal Receives EcoVadis Silver Medal for Sustainability • Business Wire • 03/05/2024 09:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/22/2024 10:35:06 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/20/2024 09:08:37 PM
- Form PRE 14A - Other preliminary proxy statements • Edgar (US Regulatory) • 02/16/2024 09:10:42 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 02/08/2024 09:48:33 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 02/06/2024 10:01:09 PM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 02/06/2024 06:56:39 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 02/06/2024 05:35:41 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/29/2024 07:11:28 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/25/2024 09:59:27 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/25/2024 09:37:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 09:53:30 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/23/2024 09:07:12 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 08:27:40 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 08:17:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/23/2024 08:16:29 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 01/22/2024 09:20:54 PM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM