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 weekly and monthly MACD indicators are bullish, and the monthly RSI is also bullish, supporting the positive outlook. Additionally, Bollinger Bands show a mildly bullish stance on both weekly and monthly time frames. The daily moving averages indicate a mildly bullish trend, while the KST is bullish on both weekly and monthly levels. However, the weekly OBV is mildly bearish, and Dow Theory shows no trend in both weekly and monthly time frames. Fastenal has performed well compared to the S&P 500, with a year-to-date return of 31.33% versus 12.22% for the benchmark, and a one-year return of 34.01% compared to 17.14%. Overall, the current technical stance is bullish, with strength indicated by multiple bullish signals across various indicators.