AST SPACEMOBILE INC (ASTS) Stock Technical Analysis
NASDAQ:ASTS - Nasdaq - US00217D1000 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to ASTS. In the last year, ASTS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that ASTS is one of the better performing stocks in the market, outperforming 98% of all stocks. We also observe that the gains produced by ASTS over the past year are nicely spread over this period.
ASTS is part of the Diversified Telecommunication Services industry. There are 33 other stocks in this industry. ASTS outperforms 100% of them.
ASTS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ASTS has a been trading in the 22.47 - 36.98 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ASTS has an average volume of 11517000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ASTS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
20.04
36.83
4 important support areas can be observed.
- A support zone ranging from 23.67 to 23.70. 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 @22.42 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ASTS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ASTS is up. |
| ChartMill Relative Strength | 98.49 | POSITIVE | ASTS has a high relative strength, it outperformed 98.49% 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) | 78.73 | OVERBOUGHT | The high RSI value suggests ASTS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.28 | POSITIVE | The MACD value suggests ASTS has a positive trend. |
| Stochastics (14,3) | 92.27 | OVERBOUGHT | The high Stochastics value suggests ASTS may be overbought. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for ASTS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.63 | 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)
36.47
+0.76 (+2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg2.13%
1 Week27.12%
2 Weeks47.18%
1 Month37.36%
3 Month29.56%
6 Month55.32%
12 Month256.85%
2 Year675.96%
3 Year480.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.06
ATR(20)%5.67%
ATR Inc-8.51%
Range Today1.65
ADR(20)1.94
ADR(20)%5.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.49
Mansfield4.45
10 Day High36.98
10 Day Low22.47
20 Day High36.98
20 Day Low22.47
52 Week High39.08
52 Week Low9.32
CS1 End23.7
CR1 StartN/A
Volume & EV
DER(3)3.81%
DER(5)3.33%
Volume12.91M
Volume Incr85.36%
Vol(5)22.57M
Vol(50)11.52M