⚠️ Uptrend Under Pressure Severe risk · 75 · Institutional selling is building — 5 distribution days in the last 25 sessions. · 5 distribution days Full briefing → Jun 06

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Fastenal Company

Fastenal Company is a large-cap Wholesale Distributors company in the Distribution Services sector with a market cap of $54B.

Distribution Services Wholesale Distributors stock Stage 3 · Topping Base 1 Data 25h 43m ago
$47.16 latest close
Price $47.16
52W High $50.63 -6.9%
52W Low $38.97
Wks Basing 39w
Base Depth -23.0%
Tight Wks 1
Base B1
SMA 50 $45.04
SMA 200 $44.58
Avg Vol 7,017,412
RS Rank 11
RS vs High -20.6%
RS Slope +2.7% ▲
Grp Rank #39/57
ADR% 2.1%
ATR(14) $0.97 (2.0%)
Rel Vol 1.04×
Vol Pace N/A
U/D Vol 1.63
A/D Days 15A / 17D
A/D Rating D
VDU Bars 0/10 d
Earnings 37d
$38.97
$50.63 70%

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Setup Quality D 1/7 signals
Jun 04: 68 (Darvas Box)Jun 04: 68 (Darvas Box)Jun 04: 68 (Darvas Box)Jun 05: 61 (Flat Base)Jun 05: 61 (Flat Base)Jun 05: 61 (Flat Base)61 Score trend
✗ Stage 3 · Topping ✗ Power Trend ✗ RS New High ✗ Trend 4/8 ✗ No Pattern ✓ CANSLIM 76.2 (A) ✗ Gatekeeper Base #1 (A)

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Legend Scorecard 6 methodology checks
Council consensus: 🟡 3 of 6 legends are Watching — building, not yet a confirmed buy.
Avoid
D 6/13
Ask →
Avoid
D 3/7
Ask →
Avoid
D 2/7
Ask →
Watch
B 2/4
Ask →
Watch
B 2/4
Ask →
Watch
B 2/4
Ask →
Breakout Health

No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?

RS Line vs SPY 52-week relative strength · blue = RS line · dashed = MA50 · dot = NH ▲ Rising
89RS Line (52W)
Accumulation / Distribution last 65 sessions · green = acc on high vol · red = dist on high vol Net +6 D
A: 18 D: 12 Net: +665 sessions
Minervini · Grade Card
SEPA — Specific Entry Point Analysis · 1/7 criteria met
D 1/7 SEPA
EPS acceleration ≥25% QoQ
Revenue growth ≥20% YoY +9%
Gross margin ≥30%
ROE ≥17%
RS rating ≥80 (price leadership) 48
Stage 2 uptrend (Weinstein) Stage 3
Within 25% of 52W high -6.9%

Pattern Analysis

Flat Base O'Neil-grade Flat Base setups historically resolved up 26% of the time.
61.0 score
RS Score 48
Trend 4/8
CANSLIM 76.2 (A)
depth pct: 8.6 base days: 35 prior uptrend pct: 21.1 weekly close spread pct: 6.5 validation reason: valid generic setup multi tf reason: weekly structure: above 30W MA
Why This Setup? D+W Confluence
Flat Base

Flat Base: 35d base, depth 8.6%, prior uptrend 21%. Pivot $42.74. | Weak trend (4/8) | High-confidence pattern (70%) | Accumulation (1.6× up/dn vol) | Readiness 58/100 (early) | CANSLIM 76.2 (A)

Minervini Trend Template

4/8
Price above SMA 150 & 200 $47.16 vs SMA150 $43.78 / SMA200 $44.58
SMA 150 above SMA 200 SMA150 $43.78 vs SMA200 $44.58
SMA 200 trending up Slope -0.31 over 20 days
SMA 50 above SMA 150 & 200 SMA50 $45.04
Price above SMA 50 $47.16 vs SMA50 $45.04
30%+ above 52W low +21.0% from $38.97
Within 25% of 52W high -6.9% from $50.63
RS score above 70 RS 48

Fundamentals

52W Range
70%
Mkt Cap SEC
54.1B
Rev YoY
+9%
EPS TTM
$1.09
P/E TTM
43.3x
Float
1.1B
Insider
No Buy

Company

O'Neil · Grade Card
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
A 76.2 CANSLIM
C · Curr. EPS
70
A · Annual EPS
100
N · New Highs
100
S · Supply/Demand
70
L · Leader RS
48
I · Inst. Spons.
96
M · Market
100

Weekly Context

Multi-timeframe signals from weekly bars
W. Trend
3/8
W. RS
56
W. Support
$39.86
W. Resist
$49.67
W. Patterns
Basing
Weekly Structure

Scan History

6× streak
Jun 04: 68 (Darvas Box)Jun 04: 68 (Darvas Box)Jun 04: 68 (Darvas Box)Jun 05: 61 (Flat Base)Jun 05: 61 (Flat Base)Jun 05: 61 (Flat Base)61
Jun 05
Flat Base
61
Jun 05
Flat Base
61
Jun 05
Flat Base
61
Jun 04
Darvas Box
68 0.0%
Jun 04
Darvas Box
68 0.0%
Jun 04
Darvas Box
68 0.0%

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