Dividend Channel
Market News Video Dividend Detective The Warren Buffetts Next Door Stock message boards
Free Dividend Report - Top Ranked Stocks

Featured MNV Articles:

Notable Thursday Option Activity: BA, DHI, LOW
Thursday, November 2, 1:19 PM ET, by Market News Video Staff

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume ...

Insiders Buy the Holdings of VIS ETF
Friday, November 3, 9:47 AM ET, by Market News Video Staff

A look at the weighted underlying holdings of the Vanguard Industrials ETF (VIS) shows an ...

Home Depot Moves Up In Market Cap Rank, Passing Verizon Communications
Friday, November 3, 4:36 PM ET, by Market News Video Staff

In the latest look at the underlying components of the S&P 500 ordered by largest ...

Fastenal Takes Over #338 Spot From Nielsen Holdings
Friday, November 3, 4:38 PM ET, by Market News Video Staff

In the latest look at the underlying components of the S&P 500 ordered by largest ...

Interesting March 2018 Stock Options for HD
Monday, November 6, 1:09 PM ET, by Market News Video Staff

Consistently, one of the more popular stocks people enter into their stock options watchlist at ...

  More articles:  1 2 next »

Shares of FAST Now Overbought

By Dividend Channel Staff, Monday, December 5, 11:32 AM ET
Play Video: Learn About The RSI

If the video does not load after a few moments, Upgrade to the Latest Flash Player.

In trading on Monday, shares of Fastenal Co. (NASDAQ:FAST) entered into overbought territory, changing hands as high as $42.65 per share. We define overbought territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100. A stock is considered to be overbought if the RSI reading rises above 70.

In the case of Fastenal Co., the RSI reading has hit 71.0 by comparison, the universe of dividend stocks covered by Dividend Channel currently has an average RSI of 57.3.

Investors could look at FAST's 71.0 reading as a sign that the recent heavy buying is in the process of exhausting itself, which could bring a pullback in the stock. The chart below shows the one year performance of FAST shares:

Fastenal Co. 1 Year Performance Chart

Looking at the chart above, FAST's low point in its 52 week range is $28.60 per share, with $42.65 as the 52 week high point that compares with a last trade of $42.54.

Among the fundamental datapoints dividend investors should investigate to decide if they are bullish on FAST is its dividend history. In general, dividends are not always predictable; but, looking at the history chart below can help in judging whether the most recent dividend is likely to continue.

FAST Dividend History
Date Div*
10/24/11 0.140
07/21/11 0.130
04/13/11 0.130
02/11/11 0.250
08/18/10 0.210
02/10/10 0.200
08/13/09 0.185
02/11/09 0.175
08/14/08 0.135
02/21/08 0.125
08/16/07 0.115
02/22/07 0.105
08/17/06 0.100
02/15/06 0.100
08/18/05 0.077
02/16/05 0.077
08/19/04 0.062
02/19/04 0.037
09/24/03 0.037
02/19/03 0.015
02/20/02 0.013
02/21/01 0.011
02/23/00 0.010
02/24/99 0.001
02/25/98 0.001
02/26/97 0.001
02/28/96 0.001
* Data may be adjusted for splits; we are not responsible for data errors; always verify data with the company.

According to the ETF Finder at ETF Channel, FAST makes up 3.51% of the First Trust Materials AlphaDEX Fund ETF (AMEX:FXZ) which is trading higher by about 1.9% on the day Monday.

See what other ETFs contain FAST
See what other stocks are held by FXZ

FAST operates in the Home Improvement Stores sector, among companies like Lowe's Companies Inc (NYSE:LOW) which is up about 0.7% today, and Home Depot Inc (NYSE:HD) trading higher by about 1%. Below is a three month price history chart comparing the stock performance of FAST, versus LOW and HD.

FAST,LOW,HD Relative Performance Chart


The ETF Channel Flexible Growth Investment Portfolio is designed to seek growth for investors anywhere and everywhere. The key to the program is our portfolio strategy allows us complete flexibility in terms of asset allocation as there are no predetermined guidelines as to the level of stocks, bonds, cash, regions, countries, sectors, commodities, or even asset classes in the portfolio! In short, this is a completely flexible portfolio designed to follow the performance trail wherever it leads us.

This Article's Word Cloud:   Channel   Dividend   FAST   Fastenal   Home   Investors   Monday   NYSE   Trial   about   above   afterLeftLabels   always   asset   below   changing   chart   chartBackgroundColor   could   data   designed   dividend   escape   fillColor   heavy   high   higher   history   investors   judging   other   overbought   performance   point   portfolio   program   reading   recent   share   shares   stock   stocks   technical   territory   that   trading   week   what   which   with

Shares of FAST Now Overbought | www.DividendChannel.com | Copyright © 2010 - 2017, All Rights Reserved

Nothing in Dividend Channel is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and dividend videos powered by Market News Video. Quote data delayed at least 20 minutes; data powered by Ticker Technologies, and Mergent. Contact Dividend Channel; Meet Our Editorial Staff.