AST SPACEMOBILE INC (ASTS) Stock Technical Analysis
NASDAQ:ASTS - Nasdaq - US00217D1000 - Common Stock - Currency: USD
Taking everything into account, ASTS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ASTS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, ASTS did better than 98% 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 100% of 32 stocks in the same industry.
ASTS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ASTS is lagging the market slightly.
ASTS has an average volume of 14330000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ASTS has a been trading in the 36.20 - 54.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ASTS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 45.91, a Stop Loss order could be placed below this zone.
More info and screens
20.04
48.34
5 important support areas can be observed.
- A support zone ranging from 44.74 to 45.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.49 from a horizontal line in the daily time frame.
- A support zone ranging from 25.36 to 25.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.02 from a horizontal line in the daily time frame.
- Support @20.24 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for ASTS is up. |
| ChartMill Relative Strength | 98.52 | POSITIVE | ASTS has a high relative strength, it outperformed 98.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ASTS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ASTS is above 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) | 64.08 | NEUTRAL | The RSI value for ASTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.83 | NEGATIVE | The MACD value suggests ASTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.97 | NEUTRAL | The Stochastics value for ASTS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.19 | HIGH VOLATILITY | The high ATR as a percentage value for ASTS suggests high volalility. |
| Average Directional Index/ADX (14) | 39.83 | POSITIVE | The high ADX value value for ASTS suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 50.39 | 44.73 | 5.66 (11.23%) | 8.90% |
| An entry @50.39. This is a Buy Stop order right above the 10 day high. | An exit @44.73. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.66 points, which is 11.23%. | For a 1.00% total portfolio risk, you can invest 8.90% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
47.86
+2.28 (+5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg5%
1 Week4.75%
2 Weeks-3.04%
1 Month29.63%
3 Month104.62%
6 Month130.32%
12 Month272.74%
2 Year1015.62%
3 Year580.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.51
ATR(20)%8.19%
ATR Inc16.86%
Range Today4.34
ADR(20)3.77
ADR(20)%7.87%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.52
Mansfield6.21
10 Day High50.38
10 Day Low42.44
20 Day High54.05
20 Day Low36.2
52 Week High54.05
52 Week Low12.37
CS1 End45.91
CR1 StartN/A
Volume & EV
DER(3)1.59%
DER(5)-0.67%
Volume12.14M
Volume Incr-38.86%
Vol(5)10.63M
Vol(50)14.33M