AST SpaceMobile Inc (ASTS): Price Up $0.46 (4.26)% Over Past Day, Up $0.36 (3.28)% Over Past Hour

The Hourly View for ASTS

At the time of this writing, ASTS (Get Ratings)’s price is up $0.36 (3.28%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved down. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend.

Out of Communication stocks, ASTS ranks 12th in regards to today’s price percentage change.

ASTS’s Technical Outlook on the Daily Chart

At the time of this writing, ASTS’s price is up $0.46 (4.26%) from the day prior. The daily chart shows that ASTS has seen 2 straight up days. If you’re a trend trader, consider that the strongest clear trend on the daily chart exists on the 50 day timeframe. The moving averages on the daily timeframe suggest a choppiness in price, as the are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders. The chart below shows ASTS’s price action over the past 90 days.

ASTS

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ASTS: Daily RSI Analysis

  • ASTS’s RSI now stands at 82.9268.
  • ASTS and RSI both have consistent trends, as they are both heading up.

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