The best indicator for Fastenal (FAST)
We backtested 20 indicators across daily, weekly and hourly charts on real Fastenal (FAST) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Money Flow Index
On the daily chart, this is the strongest risk-adjusted edge we found for Fastenal (FAST) over ~38.8 years — trailing buy-and-hold by 8.0% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Money Flow Index ✓ | Daily | 14.3% | 0.7 | -45.9% | 82.5% | 57 | -8.0% |
| 2 | CCI ✓ | Daily | 13.0% | 0.66 | -54.3% | 69.7% | 185 | -9.3% |
| 3 | WaveTrend (8/6/4) ✓ | Daily | 14.3% | 0.65 | -57.6% | 73.1% | 145 | -8.0% |
| 4 | CCI ✓ | Weekly | 10.7% | 0.62 | -39.6% | 94.4% | 36 | -11.5% |
| 5 | Stochastic ✓ | Daily | 11.2% | 0.59 | -59.2% | 71.1% | 187 | -11.1% |
| 6 | WaveTrend (8/6/4) ✓ | Weekly | 10.8% | 0.59 | -35.1% | 89.3% | 28 | -11.5% |
| 7 | Williams %R ✓ | Weekly | 10.0% | 0.57 | -39.6% | 90.4% | 52 | -12.3% |
| 8 | Williams %R ✓ | Daily | 10.7% | 0.56 | -60.6% | 70.0% | 240 | -11.6% |
| 9 | Holy Grail Confluence ✓ | Daily | 10.0% | 0.56 | -46.9% | 78.1% | 64 | -12.3% |
| 10 | Bollinger Mean-Reversion ✓ | Weekly | 7.4% | 0.56 | -35.1% | 95.7% | 23 | -14.9% |
| 11 | EMA 20/50 Cross ✓ | Weekly | 12.1% | 0.53 | -69.1% | 43.8% | 16 | -10.2% |
| 12 | SMA 50/200 Cross ✓ | Daily | 10.9% | 0.51 | -73.5% | 53.6% | 28 | -11.4% |
| 13 | MACD ✓ | Daily | 9.5% | 0.5 | -50.5% | 41.7% | 386 | -12.9% |
| 14 | Donchian Midline ✓ | Daily | 9.1% | 0.48 | -53.8% | 41.1% | 559 | -13.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Fastenal (FAST), Money Flow Index on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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