AST SPACEMOBILE INC-CW24 (ASTSW) Stock Technical Analysis
NASDAQ:ASTSW - Nasdaq - - Currency: USD
Overall ASTSW gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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 short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
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.
Although ASTSW has an excellent technical rating, the quality of the presented setup is 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.
More info and screens
9.32
14.59
When analyzing the support we can see 2 important 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.
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. |
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)
NASDAQ:ASTSW (9/27/2024, 8:00:00 PM)
13.5
+1.21 (+9.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg9.85%
1 Week-10.54%
2 Weeks-26.08%
1 Month-23.9%
3 Month219.15%
6 Month2009.38%
12 Month1336.17%
2 Year373.68%
3 Year241.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.69
ATR(20)%23.54%
ATR Inc37.17%
Range Today5.36
ADR(20)3.01
ADR(20)%22.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.98
Mansfield22.34
10 Day High18.98
10 Day Low8.64
20 Day High25
20 Day Low8.64
52 Week High27.62
52 Week Low0.3
CS1 End12.28
CR1 Start14.45
Volume & EV
DER(3)-0.93%
DER(5)-1.72%
Volume377.10K
Volume Incr11.15%
Vol(5)405.88K
Vol(50)439.11K