AST SpaceMobile stock gains almost 4% after BlueBird launch date and U.S. beta plans announced
AST SpaceMobile, Inc. (ASTS) advanced 3.68% after investor focus turned to the company's upcoming BlueBird satellite launch and U.S. beta service plans. The rebound looks limited, with ASTS remaining below its 20-, 50-, and 200-day moving averages.
Highlights
- AST SpaceMobile scheduled its BlueBird 11, 12, and 13 satellite launches for August 2026 to advance direct-to-device cellular broadband coverage.
- The company secured $1 billion in convertible notes and targets U.S. beta broadband service launch with AT&T and Verizon in late 2026.
- The stock remains in a bearish trend with multiple indicators signaling further downside; key trading range is $49.75 to $58.28 near term.
Funding deal and new satellite launches underpin U.S. service ambitions
AST SpaceMobile has scheduled the launch of its BlueBird 11, 12, and 13 satellites for August 5, 2026, from Cape Canaveral Space Force Station, Florida, aiming to expand its direct-to-device cellular broadband network. The company completed a $1 billion convertible note offering due 2034 and expects to initiate beta mobile broadband services in the U.S. with AT&T and Verizon before the end of 2026. AST SpaceMobile continues to develop much of its satellite technology in-house and maintains partnerships with major operators including AT&T, Verizon, Vodafone, and Google.
Bearish momentum persists as multi-timeframe support levels are tested
ASTS remains below its 20-, 50-, and 200-day moving averages at $66.49, $82.71, and $82.78, indicating persistent downward pressure across all timeframes. The prevailing trend is bearish, with nearby support at $52.9 and resistance at $58.28. Momentum indicators signal ongoing weakness: the MACD forecasts a sell, the ADX is neutral, and RSI, Stochastic RSI, and CCI are all in oversold or sell territory. Bull/Bear Power points to intraday selling dominance, also highlighting oversold conditions, while the Awesome Oscillator confirms bearish momentum.
Earlier, analysts noted that persistent technical weakness continued to overshadow AST SpaceMobile shares despite positive developments in satellite launches and partnerships. The latest price rebound remains fragile amid continued bearish momentum, so traders should closely monitor for confirmation of either a sustained move above resistance at $58.28 or a breakdown below $52.9 as signals for the next directional move.