Featured MNV Articles:
More articles: 1 2 3 4 5 6 7 next »
|Fastenal Becomes #5 Most Shorted S&P 500 Component, Replacing Teradata
Thursday, August 13, 3:33 PM ET, by Market News Video Staff
The most recent short interest data has been released by the NASDAQ for the 07/31/2015 ...
Home Depot Moves Up In Market Cap Rank, Passing International Business Machines
Thursday, August 13, 4:41 PM ET, by Market News Video Staff
In the latest look at the underlying components of the S&P 500 ordered by largest ...
PKW, TWX, LOW, FOXA: Large Outflows Detected at ETF
Friday, August 14, 10:53 AM ET, by Market News Video Staff
Symbols mentioned in this story: PKW, TWX, LOW, FOXA Exchange traded funds (ETFs) trade just ...
See How Lowe's Companies Ranks Among Analysts' Top Picks With Strong Buyback Activity
Monday, August 17, 1:17 PM ET, by Market News Video Staff
A study of analyst recommendations at the major brokerages shows that Lowe's Companies Inc (LOW) ...
Notable Tuesday Option Activity: PCLN, LOW, MCD
Tuesday, August 18, 2:46 PM ET, by Market News Video Staff
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume ...
Shares of FAST Now Overbought
By Dividend Channel Staff, Monday, December 5, 11:32 AM ET
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:
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|
|* 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.
Free Trial: ''ETF CHANNEL FLEXIBLE GROWTH INVESTMENT PORTFOLIO''
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: