AST SPACEMOBILE INC (ASTS) Stock Technical Analysis
NASDAQ:ASTS - US00217D1000 - Common Stock
50.43 USD
+0.42 (+0.84%)
50.82 USD
+0.39 (+0.77%)
Overall ASTS gets a technical rating of 8 out of 10. In the last year, ASTS was one of the better performers, but we do observe some doubts in the very recent evolution.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ASTS is part of the Diversified Telecommunication Services industry. There are 34 other stocks in this industry. ASTS outperforms 96% of them.
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.
In the last month ASTS has a been trading in the 42.00 - 55.78 range, which is quite wide. It is currently trading near the high of this range.
ASTS has an average volume of 11929500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that ASTS is one of the better performing stocks in the market, outperforming 96% of all stocks. We also observe that the gains produced by ASTS over the past year are nicely spread over this period. However, this overall good ranking is mostly due to the recent strong move.
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 offer a high quality setup 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.
More info and screens
27.34
50.94
When analyzing the support we can see 3 important areas.
- Support @46.62 from a horizontal line in the weekly time frame.
- A support zone ranging from 44.94 to 45.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.62 to 27.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @50.44 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 | NEUTRAL | NEUTRAL | The short term trend for ASTS is neutral. |
| ChartMill Relative Strength | 96.45 | POSITIVE | ASTS has a high relative strength, it outperformed 96.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ASTS is above a declining 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) | 54.38 | NEUTRAL | The RSI value for ASTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ASTS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 53.11 | NEUTRAL | The Stochastics value for ASTS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.98 | HIGH VOLATILITY | The high ATR as a percentage value for ASTS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.47 | NEGATIVE | The low ADX value for ASTS suggests a weak or negative 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)
50.43
+0.42 (+0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg0.84%
1 Week12.19%
2 Weeks1.35%
1 Month-5.01%
3 Month118.6%
6 Month86.02%
12 Month73.66%
2 Year1186.48%
3 Year319.55%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.65
ATR(20)%6.98%
ATR Inc4.12%
Range Today3.07
ADR(20)3.32
ADR(20)%6.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.45
Mansfield5.24
10 Day High53.2
10 Day Low42
20 Day High55.78
20 Day Low42
52 Week High60.95
52 Week Low17.5
CS1 End46.62
CR1 Start50.44
Volume & EV
DER(3)1.63%
DER(5)0.02%
Volume8.47M
Volume Incr-27.99%
Vol(5)7.24M
Vol(50)11.93M