Fastenal (FAST) Chart Patterns, Support & Resistance & Technical Analysis

Auto-detected technical analysis for FAST · data as of Aug 4, 2026. The chart above is live; the read below updates daily.

$49.71last close · Aug 4, 202652-week range $38.97 – $50.63 · 1.82% below the high

FAST Rising Wedge Pattern

FAST is currently forming a rising wedge on the daily timeframe. Detected Aug 4, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $42.88 (−8.5%). Across 9,519 backtested rising wedges, the setup followed through 50.0% of the time, averaging +0.19R; FAST's own rising wedges have hit 54.2%.

DirectionBearishTarget$42.88Projected move−8.5%Breakout level$46.61

New to this pattern? What a rising wedge is and how to trade it →

FAST's Most Recent Rising Wedge Trade

FAST's most recent completed rising wedge resolved as a loss: it broke down on Jul 9, 2026 near $46.10, then was stopped out at $49.71 on Aug 4, 2026 — a -1.32R move (7.8%) over 18 sessions. Across 176 backtested rising wedges, this setup wins 51.1% of the time.

OutcomeLossResult-1.32REntry$46.10Exit$49.71

Learn about rising wedge

How Rising Wedges Have Performed

Win rate
50.0%
Avg return
+0.19R
Backtested trades
9,519
FAST win rate
54.2%

Historical pattern statistics (2006-08-04 – 2026-08-04), not a prediction.

How these backtests work →

FAST Pattern Trade History

Every completed pattern trade our nightly backtest found on FAST's daily chart, newest first — wins and losses alike.

PatternEntryExitOutcomeResult
Rising WedgeJul 9, 2026 @ $46.10Aug 4, 2026 @ $49.71Loss-1.32R
TriangleMar 11, 2026 @ $45.96Apr 9, 2026 @ $49.10Loss-1.28R
TriangleOct 7, 2025 @ $47.54Oct 13, 2025 @ $43.20Win+2.47R
Rising WedgeSep 5, 2025 @ $49.09Oct 13, 2025 @ $45.50Win+2.96R
Rising WedgeJun 10, 2025 @ $42.40Jul 29, 2025 @ $46.60Win+1.86R
Falling WedgeApr 11, 2025 @ $38.66Jun 17, 2025 @ $41.55Win+0.86R
TriangleMar 6, 2025 @ $38.03Mar 12, 2025 @ $37.99Loss-0.02R
TriangleSep 4, 2024 @ $33.43Sep 10, 2024 @ $34.34Loss-1.18R
TriangleAug 28, 2024 @ $33.70Sep 10, 2024 @ $34.34Loss-1.02R
Rising WedgeMar 4, 2024 @ $37.06Apr 11, 2024 @ $34.94Loss-2.09R
Falling WedgeSep 6, 2023 @ $27.91Oct 12, 2023 @ $30.11Loss-1.41R
Falling WedgeAug 30, 2023 @ $28.85Sep 6, 2023 @ $27.93Loss-1.06R

FAST Support and Resistance Levels

Price found a floor near $45.10 about 3 weeks ago and has been climbing since. On the weekly chart, the next ceiling overhead sits near $59.88 — still about 20% away.

  • Traders commonly watch $59.88 as a target (its 361.8% extension) — think of it as a sensible next stop, not a guarantee.
  • That ceiling is the first place the climb might pause — worth watching how price behaves as it gets there.
  • There's nothing to act on here — the spot to watch was the $45.10 floor about 3 weeks ago, when price bounced there, but price has already pulled higher. What's left is the climb playing out, not a fresh starting point.

Nearest auto-detected support sits near $48.83, resistance near $63.33. These are chart/swing-derived levels, not formula pivots.

Resistance
$63.33$97.17
Support
$48.83$48.76$44.93$44.62$39.65$36.35$32.54

FAST Recent Daily Prices

DateOpenHighLowClose
Aug 4, 2026$48.08$49.77$46.98$49.71
Aug 3, 2026$47.88$48.79$47.69$48.11
Jul 31, 2026$46.51$47.82$46.38$47.71
Jul 30, 2026$47.47$47.66$46.35$46.66
Jul 29, 2026$47.63$48.17$47.19$47.78
Jul 28, 2026$47.94$49.17$47.77$48.10
Jul 27, 2026$47.71$47.76$46.96$47.64
Jul 24, 2026$46.09$47.09$46.01$47.02
Jul 23, 2026$45.18$46.18$45.18$46.15
Jul 22, 2026$45.13$45.60$45.01$45.33

FAST Frequently Asked Questions

What chart pattern is FAST forming right now?
As of Aug 4, 2026, TradingPal's detector identifies a rising wedge on Fastenal (FAST) on the daily chart, with a measured-move target of $42.88.
Is a rising wedge bullish or bearish?
The rising wedge detected on FAST is a bearish pattern, projecting a measured-move target of $42.88. See its full backtested track record above — that's the real edge, not the textbook label.
How reliable is a rising wedge pattern, and what is its win rate?
Across TradingPal's backtest of the rising wedge family (9,519 trades over 631 symbols), it resolved in the expected direction 50.0% of the time with an average of +0.19R. These are historical statistics, not a prediction.
What are the support and resistance levels for FAST?
Based on auto-detected, swing-derived levels (as of Aug 4, 2026), FAST's nearest support is around $48.83 and nearest resistance around $63.33.
What is the price target if FAST's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $42.88 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was FAST's closing price on Aug 4, 2026?
Fastenal (FAST) last closed at $49.71 on Aug 4, 2026. For the live quote, see the chart above or a real-time quote provider.

Technical analysis for informational purposes only — not investment advice. Auto-detected patterns and levels update daily; the chart above is live.