AST SPACEMOBILE INC (ASTS) Stock Technical Analysis
NASDAQ:ASTS • US00217D1000
We assign a technical rating of 6 out of 10 to ASTS. In the last year, ASTS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month ASTS has a been trading in the 78.80 - 129.89 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, ASTS did better than 97% of all other stocks. We also observe that the gains produced by ASTS over the past year are nicely spread over this period.
- ASTS is one of the better performing stocks in the Diversified Telecommunication Services industry, it outperforms 94% of 37 stocks in the same industry.
- ASTS has an average volume of 16300500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- ASTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ASTS is lagging the market.
- Considerably lower volume is observed in the last couple of days.
ASTS has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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58.98
When analyzing the support we can see 3 important areas.
- A support zone ranging from 66.88 to 67.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @62.72 from a trend line in the weekly time frame.
- Support @59.58 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @86.40 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ASTS is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASTS is down. |
| ChartMill Relative Strength | 97.41 | POSITIVE | ASTS has a high relative strength, it outperformed 97.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASTS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASTS is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.53 | NEUTRAL | The RSI value for ASTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3.34 | NEGATIVE | The MACD value suggests ASTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.86 | OVERSOLD | The low Stochastics value suggests ASTS may be oversold. |
| Average True Range in percent/ATR (20) | 12.75 | HIGH VOLATILITY | The high ATR as a percentage value for ASTS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.19 | NEGATIVE | The low ADX value for ASTS suggests a weak or negative trend. |
80.2
-6.2 (-7.18%)
AST SPACEMOBILE INC / ASTS FAQ
What is the technical rating for ASTS stock?
ChartMill assigns a technical rating of 6 / 10 to ASTS.
What is the current trend direction of AST SPACEMOBILE INC (ASTS) stock?
The current trend direction for AST SPACEMOBILE INC (ASTS) is Bullish.
What is the RSI signal for AST SPACEMOBILE INC (ASTS) stock?
AST SPACEMOBILE INC (ASTS) has an RSI value of 40.5289. This indicates that the stock is currently neutral.
What is the short term momentum for ASTS stock?
The short term momentum for AST SPACEMOBILE INC (ASTS) is negative.
What are the support and resistance levels for AST SPACEMOBILE INC (ASTS) stock?
AST SPACEMOBILE INC (ASTS) has a support level at 67.81 and a resistance level at 86.4. Check the full technical report for our detailed analysis of ASTS support and resistance levels.