Is Fastenal Co. technically bullish or bearish?

As of 10 June 2025, the technical trend for Fastenal Co. has changed from mildly bearish to bullish. The current technical stance is bullish with strong indicators supporting this view. The MACD is bullish on both the weekly and monthly time frames, while the moving averages indicate a bullish trend on the daily chart. Bollinger Bands are also bullish on the weekly and mildly bullish on the monthly. Although the KST shows a mildly bearish signal on the monthly, the overall sentiment remains positive with Dow Theory indicating a bullish stance on the monthly as well. The stock has shown a solid year-to-date return of 14.87%, outperforming the S&P 500, which adds to the bullish outlook.