AST SPACEMOBILE INC-CW24 (ASTSW) Technical Analysis
NASDAQ:ASTSW
Current stock price
ASTSW Technical Rating and Analysis
Taking everything into account, ASTSW scores 7 out of 10 in our technical rating. In the last year, ASTSW was one of the better performers, but we do observe some doubts in the very recent evolution.
- In the last month ASTSW has a been trading in the 8.64 - 25.00 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that ASTSW is one of the better performing stocks in the market, outperforming 99% of all stocks.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- ASTSW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ASTSW is lagging the market slightly.
ASTSW Weekly and Daily overview Charts
ASTSW Setup Rating and Analysis
ASTSW has an excellent technical rating, but the quality of the setup is only medium 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
ASTSW Support and Resistance Analysis
9.32
We found 2 important support areas.
- Support @12.28 from a horizontal line in the daily time frame.
- Support @9.41 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @14.45 from a trend line in the daily time frame.
ASTSW Technical Indicator Signal Analysis
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 ASTSW is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ASTSW is down. |
| ChartMill Relative Strength | 99.98 | POSITIVE | ASTSW has a high relative strength, it outperformed 99.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ASTSW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ASTSW is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ASTSW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.94 | NEUTRAL | The RSI value for ASTSW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.68 | NEGATIVE | The MACD value suggests ASTSW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.04 | NEUTRAL | The Stochastics value for ASTSW is a neutral value. |
| Average True Range in percent/ATR (20) | 23.54 | HIGH VOLATILITY | The high ATR as a percentage value for ASTSW suggests high volalility. |
| Average Directional Index/ADX (14) | 28.55 | POSITIVE | The high ADX value value for ASTSW suggests a strong trend. |
ASTSW Chart- and CandleStick Pattern Analysis
ASTSW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ASTSW (9/27/2024, 8:00:00 PM)
13.5
+1.21 (+9.85%)
AST SPACEMOBILE INC-CW24 / ASTSW TA FAQ
Can you provide the ChartMill technical rating for AST SPACEMOBILE INC-CW24?
ChartMill assigns a technical rating of 7 / 10 to ASTSW.
What is the current trend direction of AST SPACEMOBILE INC-CW24 (ASTSW) stock?
The current trend direction for AST SPACEMOBILE INC-CW24 (ASTSW) is Bullish.
What is the RSI signal for ASTSW stock?
AST SPACEMOBILE INC-CW24 (ASTSW) has an RSI value of 44.9383. This indicates that the stock is currently neutral.
What is the MACD signal for ASTSW stock?
The MACD indicator for AST SPACEMOBILE INC-CW24 (ASTSW) has a value of -0.678886, indicating a bearish trend.
Can you provide the support and resistance levels for AST SPACEMOBILE INC-CW24?
AST SPACEMOBILE INC-CW24 (ASTSW) has a support level at 12.28 and a resistance level at 14.45. Check the full technical report for our detailed analysis of ASTSW support and resistance levels.