AST SpaceMobile, Inc. Stock Forecast
About Chart
Golden Star
The Golden Star is a refined bullish signal based on the Golden Cross, developed by Jim Stromberg, incorporating additional time frame-specific moving averages and precise price line crossings. This signal is effective for liquid stocks, highlighting short-term upward momentum.
Death Star
The Death Star, developed by Jim Stromberg, is the bearish counterpart to the Golden Star, serving as a sell signal. It is triggered by specific moving average crossings on the price line, indicating a likely prolonged decline in the stock.
Golden Cross
The Golden Cross is a bullish signal where the short-term moving average crosses above the long-term moving average, indicating potential upward momentum.
Death Cross
The Death Cross is a bearish signal where the short-term moving average crosses below the long-term moving average, indicating potential downward momentum.
Pivot Bottom
A Pivot Bottom is a significant low point identified by algorithms developed by StockInvest.us. While it may indicate a short-term directional change, it does not necessarily imply a complete trend reversal. Pivot Bottoms are marked as green circles on the price line.
Pivot Top
A Pivot Top represents a significant high point identified by algorithms developed by StockInvest.us. Similar to Pivot Bottoms, it may suggest a short-term directional change within the main trend, rather than a full trend reversal. Pivot Tops are marked as red circles on the price line.
RSI Oversold
RSI oversold indicates that a stock has declined significantly and may be undervalued, potentially presenting a buying opportunity. This condition is marked by a green line on the chart but should be confirmed with other indicators before taking action.
RSI Overbought
RSI overbought suggests that a stock has risen rapidly and may be due for a pullback. It is marked by a red line on the chart, signaling increased risk. This doesn’t necessarily mean it’s time to sell, but it’s important to monitor closely.
Accumulated Volume
The bars indicate how much stock has been traded on each price during the chart period.
Buy Signal (MA)
Buy signal from moving average indicating potential upward movement.
Sell Signal (MA)
Sell signal from moving average indicating potential downward movement.
AI Analysis of ASTS
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AST SpaceMobile, Inc. stock price up 4.81% on Friday
(Updated on Oct 11, 2024)
Sell candidate since Oct 04, 2024
Loss -7.39%
The stock lies in the lower part of a very wide and strong rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $22.98 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 35.43% during the next 3 months and, with a 90% probability hold a price between $31.13 and $61.89 at the end of this 3-month period.
ASTS Signals & Forecast
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. The AST SpaceMobile, Inc. stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $27.06. On a fall, the stock will find some support from the short-term average at $24.04. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. A sell signal was issued from a pivot top point on Monday, August 19, 2024, and so far it has fallen -37.36%. Further fall is indicated until a new bottom pivot has been found.
Support, Risk & Stop-loss for AST SpaceMobile, Inc. stock
On the downside, the stock finds support just below today's level from accumulated volume at $20.68 and $18.84. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, AST SpaceMobile, Inc. finds support just below today's level at $20.68. If this is broken, then the next support from accumulated volume will be at $18.84 and $18.59.
This stock may move much during the day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $1.41 between high and low, or 6.13%. For the last week, the stock has had daily average volatility of 6.53%.
Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.
Trading Expectations (ASTS) For The Upcoming Trading Day Of Monday 14th
For the upcoming trading day on Monday, 14th we expect AST SpaceMobile, Inc. to open at $23.82, and during the day (based on 14 day Average True Range), to move between $21.78 and $26.58, which gives a possible trading interval of +/-$2.40 (+/-9.95%) up or down from last closing price. If AST SpaceMobile, Inc. takes out the full calculated possible swing range there will be an estimated 19.89% move between the lowest and the highest trading price during the day.
Since the stock is closer to the resistance from accumulated volume at $26.11 (7.98%) than the support at $20.68 (14.47%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.
Is AST SpaceMobile, Inc. stock A Buy?
AST SpaceMobile, Inc. holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
Current score:
-1.567
Sell Candidate
Unchanged
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Predicted Fair Opening Price
Predicted fair opening price on October 14, 2024 - $23.82 ( 1.50%). The predicted opening price is based on yesterday's movements between high, low, and closing price.Trading levels for ASTS
Fibonacci Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 25.22 | 4.31% |
| R2 | 24.69 | 2.10% |
| R1 | 24.36 | 0.724% |
| Price | 24.18 | |
| S1 | 23.28 | -3.72% |
| S2 | 22.95 | -5.09% |
| S3 | 22.41 | -7.31% |
Accumulated Volume Support & Resistance Levels
| Level | Price | |
|---|---|---|
| R3 | 29.83 | 23.37% |
| R2 | 28.45 | 17.66% |
| R1 | 26.11 | 7.98% |
| Price | 24.18 | |
| S1 | 20.68 | -14.47% |
| S2 | 18.84 | -22.08% |
| S3 | 18.59 | -23.12% |
FAQ
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