Fastenal(FAST)

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

Auto-detected technical analysis for FAST · data as of Jul 22, 2026. The chart above is live; the read below updates daily.

$45.33last close · Jul 22, 202652-week range $38.97$50.63 · 10.47% below the high

FAST Rising Wedge Pattern

FAST is currently forming a rising wedge on the daily timeframe. Detected Jul 22, 2026.

A rising wedge is a breakdown that suggests the recent run may be rolling over. A breakout projects a measured-move target near $42.85 (−8.6%). Across 10,660 backtested rising wedges, the setup followed through 50.4% of the time, averaging +0.20R; FAST's own rising wedges have hit 56.0%.

DirectionBearishTarget$42.85Projected move−8.6%Breakout level$46.61

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

FAST's Most Recent Triangle Trade

FAST's most recent completed triangle resolved as a loss: it broke down on Mar 11, 2026 near $45.72, then was stopped out at $49.10 on Apr 9, 2026 — a 7.4% move (-1.25R) over 20 sessions. Across 129 backtested triangles, this setup wins 52.7% of the time.

OutcomeLossResult-7.4%R-1.25REntry$45.72Exit$49.10

Learn about triangle

How Rising Wedges Have Performed

Win rate
50.4%
Avg return
+0.20R
Backtested trades
10,660
FAST win rate
56.0%

Historical pattern statistics (1987-01-30 – 2026-07-13), 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
TriangleMar 11, 2026 @ $45.72Apr 9, 2026 @ $49.10Loss+11.3% · -1.25R
TriangleOct 7, 2025 @ $47.24Oct 13, 2025 @ $43.00Win+9.9% · +2.06R
Rising WedgeSep 5, 2025 @ $49.09Oct 13, 2025 @ $45.50Win+8.8% · +2.96R
TriangleJun 6, 2025 @ $41.73Jul 29, 2025 @ $46.60Win+5.8% · +3.08R
Rising WedgeMar 4, 2024 @ $37.06Apr 11, 2024 @ $34.94Loss+8.8% · -2.09R
Rising WedgeJun 6, 2023 @ $26.96Jun 13, 2023 @ $28.07Loss+8.6% · -1.17R
Rising WedgeMay 24, 2023 @ $27.04Jun 13, 2023 @ $28.07Loss+4.7% · -1.33R
TriangleMay 24, 2023 @ $26.90Jun 13, 2023 @ $28.07Loss+5.2% · -1.28R
TriangleMay 15, 2023 @ $27.08May 18, 2023 @ $27.62Loss+7.7% · -1.00R
TriangleApr 20, 2023 @ $27.06Jul 6, 2023 @ $28.89Win+6.9% · +0.96R
TriangleApr 6, 2023 @ $25.61Apr 20, 2023 @ $27.30Loss+6.0% · -1.03R
TriangleMar 31, 2023 @ $26.80Jul 6, 2023 @ $28.89Win+10.9% · +1.71R

Rising Wedge Examples on Other Charts

Historical examples from the published simulation. This selection is not a win-rate sample.

Learn about rising wedge

FAST Support and Resistance Levels

Price is bouncing off a floor near $44.95 and starting to climb. On the weekly chart, the next ceiling overhead sits near $57.84 — about 28% away.

  • Traders commonly watch $57.84 as a target (its 161.8% 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 yet — the spot to watch is right at the $44.95 floor, where price is testing it now, not out here in the climb. Chasing once price pulls away tends to be worse odds.

FAST Recent Daily Prices

DateOpenHighLowClose
Jul 22, 2026$45.13$45.60$45.01$45.33
Jul 21, 2026$44.95$45.05$44.06$45.01
Jul 20, 2026$45.49$45.57$44.34$44.76
Jul 17, 2026$46.90$47.10$45.26$45.49
Jul 16, 2026$45.71$48.55$45.56$46.67
Jul 15, 2026$45.86$46.05$44.22$45.36
Jul 14, 2026$46.57$49.01$44.52$45.74
Jul 13, 2026$47.33$47.65$46.64$47.05
Jul 10, 2026$46.31$47.26$46.16$46.49
Jul 9, 2026$46.10$47.12$46.04$46.35

FAST Frequently Asked Questions

What chart pattern is FAST forming right now?
As of Jul 22, 2026, TradingPal's detector identifies a rising wedge on Fastenal (FAST) on the daily chart, with a measured-move target of $42.85.
Is a rising wedge bullish or bearish?
The rising wedge detected on FAST is a bearish pattern, projecting a measured-move target of $42.85. 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 (10,660 trades over 628 symbols), it resolved in the expected direction 50.4% of the time with an average of +0.20R. These are historical statistics, not a prediction.
What is the price target if FAST's pattern breaks out?
The detected rising wedge has a geometry-based measured-move target of $42.85 (pattern height projected from the breakout). This is a technical target, not a recommendation.
What was FAST's closing price on Jul 22, 2026?
Fastenal (FAST) last closed at $45.33 on Jul 22, 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.