RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of ASTSW
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High volatility in AST SpaceMobile, Inc. stock price on Wednesday which ended trading at $0.610
(Updated on Mar 27, 2024)

Sell candidate since Mar 04, 2024 Loss -22.78% PDF

The AST SpaceMobile, Inc. stock price gained 11.29% on the last trading day (Wednesday, 27th Mar 2024), rising from $0.548 to $0.610. During the last trading day the stock fluctuated 16.30% from a day low at $0.540 to a day high of $0.628. The price has fallen in 7 of the last 10 days and is down by -18.8% for this period. Volume fell on the last day by -15 thousand shares and in total, 51 thousand shares were bought and sold for approximately $31.21 thousand. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower of a very wide and falling trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $0.539 is broken, it will firstly indicate a stronger fall rate. Given the current short-term trend, the stock is expected to fall -35.22% during the next 3 months and, with a 90% probability hold a price between $0.349 and $0.684 at the end of this 3-month period.

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ASTSW Signals & Forecast

A buy signal was issued from a pivot bottom point on Tuesday, March 26, 2024, and so far it has risen 11.29%. Further rise is indicated until a new top pivot has been found. 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 sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.634 and $0.761. A break-up above any of these levels will issue buy signals. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day while the price increased. This causes a divergence and may be considered as an early warning, but it may not be. The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for AST SpaceMobile, Inc. stock

AST SpaceMobile, Inc. finds support from accumulated volume at $0.590 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move much during the day (volatility) and with periodic low trading volume this stock is considered to be "high risk". During the last day, the stock moved $0.0880 between high and low, or 16.30%. For the last week the stock has had daily average volatility of 14.81%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (ASTSW) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect AST SpaceMobile, Inc. to open at $0.593, and during the day (based on 14 day Average True Range), to move between $0.530 and $0.690, which gives a possible trading interval of +/-$0.0796 (+/-13.06%) up or down from last closing price. If AST SpaceMobile, Inc. takes out the full calculated possible swing range there will be an estimated 26.11% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.590 (3.28%) than the resistance at $0.690 (13.11%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is AST SpaceMobile, Inc. stock A Buy?

AST SpaceMobile, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

Current score: -3.099 Sell Candidate Upgraded

Predicted Opening Price for AST SpaceMobile, Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.593 ( 2.84%) $0.610

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for ASTSW

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.681 11.58 %
R2 0.647 6.07 %
R1 0.626 2.67 %
Current price: 0.610
Support S1 0.559 -8.35 %
S2 0.538 -11.76 %
S3 0.505 -17.27 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.710 16.39 %
R2 0.700 14.75 %
R1 0.690 13.11 %
Current price 0.610
Support S1 0.590 -3.28%
S2 0.548 -10.15%
S3 0 .

FAQ

What is the symbol for AST SpaceMobile, Inc. Stock and on which exchange is it traded?
The symbol for AST SpaceMobile, Inc. is ASTSW and it is traded on the NASDAQ (NASDAQ Stock Exchange).

Should I buy or sell AST SpaceMobile, Inc. Stock?
AST SpaceMobile, Inc. holds several negative signals and is within a very wide and falling trend, so we believe it will still perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. We have upgraded our analysis conclusion for this stock since the last evaluation from a Strong Sell to a Sell candidate.

How to buy AST SpaceMobile, Inc. Stock?
AST SpaceMobile, Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy AST SpaceMobile, Inc. Stock.

What's the current price of AST SpaceMobile, Inc. Stock?
As of the end of day on the 2024-03-27, the price of an AST SpaceMobile, Inc. (ASTSW) share was $0.610.

What is the 52-week high and low for AST SpaceMobile, Inc. Stock?
The 52-week high for AST SpaceMobile, Inc. Stock is $2.22 and the 52-week low is $0.540.

What is the market capitalization of AST SpaceMobile, Inc. Stock?
As of the 2024-03-27, the market capitalization of AST SpaceMobile, Inc. is 783.852M.
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