Fastenal Company Stock Forecast

Buy or Hold candidate since Jul 24, 2026 Gain 1.47%

The Fastenal Company stock price gained 2.25% on the last trading day (Friday, 31st Jul 2026), rising from $46.66 to $47.71. During the last trading day the stock fluctuated 3.10% from a day low at $46.38 to a day high of $47.82. The price has risen in 7 of the last 10 days and is up by 4.88% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 1 million more shares were traded than the day before. In total, 9 million shares were bought and sold for approximately $428.88 million.

The stock lies in the middle of a weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 7.57% during the next 3 months and, with a 90% probability hold a price between $48.70 and $53.51 at the end of this 3-month period.

FAST Signals & Forecast

The Fastenal Company stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $47.29 and $46.60. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, July 28, 2026, and so far it has fallen -0.81%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Fastenal Company stock

Fastenal Company finds support from accumulated volume at $47.10 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $1.44 (3.10%) between high and low. For the last week, the stock has had daily average volatility of 2.52%.

Our recommended stop-loss: $45.70 (-4.22%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 3 days ago.)

Trading Expectations (FAST) For The Upcoming Trading Day Of Monday 3rd

For the upcoming trading day on Monday, 3rd we expect Fastenal Company to open at $47.30, and during the day (based on 14 day Average True Range), to move between $47.07 and $48.35, which gives a possible trading interval of +/-$1.29 (+/-2.74%) up or down from last closing price. If Fastenal Company takes out the full calculated possible swing range there will be an estimated 2.74% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $47.78 (0.15%) than the support at $47.10 (1.28%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is Fastenal Company stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Fastenal Company stock to perform well in the short-term.

Current score: 3.678 Buy Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on August 3, 2026 - $47.30 ( 0.85%).

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