FCC approval sends AST SpaceMobile stock higher by 5.80%

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AST SpaceMobile gains 5.80% to $73.90

Highlights

AST SpaceMobile received FCC approval to operate up to 248 satellites, enabling direct-to-device service rollout nationwide in the US.
Strategic partnerships with defense and public safety entities, including AT&T and FirstNet, expand addressable markets and enhance long-term growth potential.
ASTS trades below key moving averages with weak momentum, likely consolidating between $67.00 and $79.00 amid prevailing seller pressure and volatile trading.

Market expansion accelerates as FCC approval boosts US access

AST SpaceMobile secured a key commercial authorization from the FCC on April 21, 2026, permitting the operation of up to 248 satellites for direct-to-device services in the United States. This regulatory approval establishes the foundation for nationwide service rollout and allows AST SpaceMobile to leverage spectrum from its mobile network operator partners, driving greater market access and execution potential. Additionally, progress in defense-grade infrastructure, highlighted by the SHIELD prime contract and FirstNet collaboration with AT&T, broadens the company’s positioning in public safety communications and enhances future growth prospects.

Limited trend conviction as volatile rebound meets bearish signals

On the daily chart, ASTS is trading below the SMA-20 ($85.38) and SMA-50 ($86.72), but just above the SMA-200 at $73.71. The Ichimoku Kijun at $85.82 remains the nearest resistance. An opening gap higher appeared today from $69.85 to $72.34, with price now near the top of today's range ($70.20–$74.33), reflecting high volatility and strong intraday momentum. Momentum remains weak as both MACD (sell) and ADX (neutral, low at 10.68) signal limited trend conviction. Oscillator readings are mixed: RSI (41.14, sell) and CCI (–110.90, oversold) indicate lingering bearishness, while Stoch RSI (22.07, strong buy) and BBP (–4.90, oversold) highlight an oversold condition with short-term potential for a technical rebound. The divergence between intraday strength versus overall oscillator and momentum signals suggests unstable near-term price direction.

Sideways trading likely as bearish momentum limits upside risk

Over the next five trading days, ASTS is likely to fluctuate within a volatility band of $67.00 to $79.00, in line with recent price swings and high session volatility. The likelihood of a further upward move is moderate to low (20%), with a pullback more probable given prevailing selling momentum and resistance overhead. In the baseline scenario, price consolidates sideways between $67.00 and $79.00. A bullish breakout above $85.80 could trigger an attempt toward the mid-$80s, while a breach below $73.70 would leave the stock vulnerable to a decline back to $67.00.

Anton Kharitonov, expert at Traders Union, views AST SpaceMobile’s FCC approval as a clear positive catalyst for long-term growth potential. He sees today’s rally as sentiment-driven but notes weak momentum and unresolved technical resistance remain key risks. Consolidation is likely unless $85.80 breaks, with pullback risk still elevated. "Until ASTS reclaims and holds above short-term moving averages, I remain cautious and see rallies as vulnerable to reversal."

Earlier, analysts noted that AST SpaceMobile continued to exhibit persistent selling pressure and weak technical momentum. While the latest regulatory approval and intraday gains introduce potential for a shift, sustained resistance overhead reinforces the importance of monitoring a breakout above $85.80 or a drop below $73.70 for signs of a durable trend change.

Source of Data: ASTS Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.