⚠️Uptrend Under PressureSevere risk · 99·Institutional selling is building — 6 distribution days in the last 25 sessions. · 6 distribution days (SPY)Full briefing →Jul 28
Monday, July 13, 2026Time not confirmed
No sourced report session or clock time
Deterministic evidence
FAST+1.32%
Broad market · SPY+0.02%
Same completed session window ending 2026-07-27.
+1.30 points vs SPY.
Price bars, sourced event fields, and benchmark math only. This can adjust displayed short-term conviction; it does not change the stored scanner score or readiness.
AI interpretation (optional)
Ask a Legend to interpret the evidence only after reviewing the deterministic event timing and relative reaction.
Interpret this evidence
AI output is commentary, not scanner evidence or a sizing recommendation.
Price$47.64Jul 27 close
52W High$50.63-5.9%
52W Low$38.97
Wks Since High46w
Base Depth-23.0%
Tight Wks1
BaseB1
SMA 50$45.85
SMA 200$44.22
Avg Vol7,707,117
RS Rank15
RS vs High-17.6%
RS Slope+0.8% ▲
Grp Rank#40/64
ADR%2.9%
ATR(14)$1.43 (3.0%)
Rel Vol (today)0.85×
Vol PaceN/A
U/D Vol0.76
A/D Days13A / 9D
A/D RatingA
VDU Bars0/10 d
Power Trend3d
Earnings
past
$38.97
$50.6374%
FAST Chart
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Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
Council consensus:
🟡 5 of 6 legends are Watching — building, not yet a confirmed buy.
Separate score from the 8-point Trend Template (5/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
O'Neil D · Avoid — The deterministic methodology check is Avoid; wait until the blocking criteria are resolved.
Pivot
Pro level
Published-method rule: Use the proper base pivot or handle high after CANSLIM leadership and market-direction checks are satisfied. Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro level
Published-method rule: Require a breakout through the pivot on volume at least 40% above average; the valid buy zone ends 5% above the pivot. Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro level
Published-method rule: Use the setup's structural stop with a hard 7–8% maximum-loss ceiling from the actual entry. Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-based
Published-method rule: Protect progress under constructive support such as the 21-day or 10-week line; a stop may ratchet higher but never lower. Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro level
Published-method rule: Exit on the hard loss limit, a decisive support break, or a rule-based climax/distribution signal; a normal 20–25% advance is reviewed rather than assumed permanent. Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
Cup complete, possible handle forming — watch for a quiet 5-15 bar drift on light volume holding above ~46.29 (mid-cup), then a breakout through ~49.01 on strong volume.
Pivot Watch2.80% away
Tightness / volumeExpanding · No VDU
Recent-pace band1–5 sessions
Confirms above49.01
Invalidates at46.29
Rim49.67
Cup Low42.91
Pivot49.01
Mid Cup46.29
Cup depth 14%, recovery 70%, handle=forming
Predictive pattern recognition is educational — most forming structures never confirm. Wait for the confirmation level before treating this as a setup.
Pattern Analysis
Wyckoff SOS⚠ Volatility widening into breakout⚠ Not actionable yet
Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
✓
Price above SMA 150 & 200$47.64 vs SMA150 $45.08 / SMA200 $44.22
✓
SMA 150 above SMA 200SMA150 $45.08 vs SMA200 $44.22
✗
SMA 200 trending upSlope -0.12 over 20 days
✓
SMA 50 above SMA 150 & 200SMA50 $45.85
✓
Price above SMA 50$47.64 vs SMA50 $45.85
✗
30%+ above 52W low+22.2% from $38.97
✓
Within 25% of 52W high-5.9% from $50.63
✗
RS score above 70RS 15
Fundamentals
52W Range
74%
Mkt Cap SEC
54.7B
Rev YoY
+9%
EPS TTM
$1.09
P/E TTM
43.7x
Float
1.1B
Insider
No Buy
Company
Legend AI snapshot
Fastenal Company
FAST · NASDAQ
· Distribution Services
· Wholesale Distributors