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FAST Makes Bearish Cross Below Critical Moving Average

By Market News Video Staff, Monday, May 23, 1:07 PM ET
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In trading on Monday, shares of Fastenal Co. (NASDAQ:FAST) crossed below their 200 day moving average of $57.83, changing hands as low as $32.02 per share. Fastenal Co. shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of FAST shares, versus its 200 day moving average:

Fastenal Co. 200 Day Moving Average Chart

Looking at the chart above, FAST's low point in its 52 week range is $22.32 per share, with $34.875 as the 52 week high point — that compares with a last trade of $32.40.

FAST operates in the Home Improvement Stores sector, among companies like Lowe's Companies Inc (NYSE:LOW) which is down about 0.2% today, and Home Depot Inc (NYSE:HD) trading lower by about 0.8%. Below is a three month price history chart comparing the stock performance of FAST, versus LOW and HD.

FAST,LOW,HD Relative Performance Chart


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This Article's Word Cloud:   Average   Below   Depot   FAST   Fastenal   Home   Improvement   Investment   Moving   NYSE   Portfolio   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   down   growth   hands   history   leads   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with   year
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