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But we saved everything 🙂.
AST SpaceMobile announced the upcoming orbital launch of BlueBirds 11, 12, and 13 in the first half of August.
The company shared this update in a tweet, directing readers to its website for more information.
ASTS is trading at $75.45, which sits significantly below the MA-20 ($99.56), MA-50 ($88.05), and MA-200 ($80.60), indicating clear short-, medium-, and long-term downside pressure. The Ichimoku Kijun on D1 stands at $103.29—well above the last price—labeling it as immediate resistance; near-term support is at MA-200 ($80.60), with key support at MA-100 ($90.00), while near-term resistance is now MA-50 ($88.05) and key resistance aligns with the Ichimoku Kijun ($103.29).
Momentum signals are weighted toward the bearish side, with MACD on D1 pointing to a sell and ADX at 11.90 (neutral reading) indicating a weak uptrend or consolidation. RSI on D1 remains soft at 39.72, CCI is deeply oversold at –124.36, Stoch RSI is at 0.00, and BBP is strongly negative at –8.23—all suggesting heavy downside exhaustion but buyers have yet to regain control. The Awesome Oscillator is aligned with the bearish momentum. ASTS is trading at $75.45, down from $80.66 a week ago, reflecting a 6.97% decline over the past week and currently sitting at the very bottom of the weekly range, with high weekly volatility at 22.34%. In today’s session, the stock has rebounded 3.09% off intraday lows, but the weekly tone remains one of steady decline from higher levels.
For the next week, the expected price range is $68.00 to $83.00, positioning the outlook well above the 52-week low ($36.08) but far below the 52-week high ($133.86). The probability of a price increase is very low (less than 20%) based on only one “Buy” signal out of four key W1 indicators, making further declines much more likely. Baseline scenario anticipates sideways action between $68.00 and $83.00 as oversold indicators meet persistent pressure. A bullish reversal would require a break above $83.00, while renewed selling below $68.00 could trigger another move toward multi-month lows.
Previously it was reported that AST SpaceMobile's August BlueBird satellite launches had not alleviated ongoing technical and momentum-driven selling pressure, leaving the stock's outlook cautious despite operational advances. This article adds a new dimension by examining recent developments, with investors advised to monitor for any shift in momentum that could signify either a consolidation phase or a potential trend reversal.