AST SpaceMobile shares fall over 3% as price remains below key moving averages and selling pressure persists

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Ast spacemobile slides 3.15% today

Highlights

AST SpaceMobile grew Q2 revenue to $31.5 million, doubling the previous quarter, driven by gateway deliveries and U.S. government contract work.
The company now has 13 satellites in orbit, partners with over 60 mobile operators, and raised $1.15 billion in new convertible notes, increasing liquidity to more than $3.7 billion.
Shares of AST SpaceMobile trade below key moving averages with continued seller pressure, a projected five-day range of $59.14 to $69.54, and a 76% chance of further downside.

Revenue surge and satellite expansion face sustained selling pressure

AST SpaceMobile reported Q2 revenue of $31.5 million, more than doubling the previous quarter, mainly from commercial gateway deliveries and U.S. government contract progress. The company now operates 13 satellites in orbit and is advancing the integration of about 50 gateways across 20 markets, with a partner ecosystem exceeding 60 mobile network operators serving over 3 billion subscribers. Multiple new U.S. government awards were secured, including a preliminary selection for Rakuten’s J-LEO project and $1.15 billion in convertible notes was issued, resulting in over $3.7 billion in cash and equivalents, though price action has remained under broader selling pressure.

Anton Kharitonov, expert at Traders Union, sees the persistent downtrend in AST SpaceMobile as a technical warning. He points out the stock remains below all key moving averages, confirming broad weakness. Revenue growth and government contracts have failed to trigger a reversal in sentiment. Momentum and volatility data show sellers have a clear advantage, with intraday indicators deeply negative. "For now, I do not expect a sustained recovery and consider downside risks to dominate as technicals and sentiment are overwhelmingly bearish," Kharitonov concludes.

Viktoras Karapetjanc, expert at Traders Union, believes the company’s robust revenue jump and government deal pipeline highlight strong fundamentals. He notes the partner network and cash reserves as pillars for future expansion. Despite recent selling, the bullish structure for AST SpaceMobile remains intact given its unique market exposure and institutional interest. He finds the volatility band offers flexible setups for disciplined traders. "Further growth is expected as operational momentum and strategic contracts set the stage for upward moves," Karapetjanc says.

Sholanke Dele, market strategist, views recent price action as a sign of eroding investor confidence. He cautions that persistent broader selling pressure undercuts positive headlines and limits upside. Macro risks remain visible despite impressive revenue growth. "I remain defensive here — macro uncertainty and sentiment weakness look likely to keep the stock under pressure," Dele states.

Downside momentum persists as technical indicators turn mixed-bearish

AST SpaceMobile is trading below the $65.2 MA-20, $71.38 MA-50, and $81.74 MA-200, indicating ongoing short-, medium-, and long-term pressure from sellers. The near-term floor is at $64.21, with short-term resistance near $65.2 and $63.94 as the Ichimoku Kijun acting as support. Momentum readings are mixed: the Moving Average Convergence Divergence (MACD) is neutral, and the Average Directional Index (ADX) signals low trend strength. The Relative Strength Index (RSI) is 47.27 with a 'Sell' forecast, and Bull/Bear Power (BBP) at -1.38 shows sellers are dominating intraday momentum and that the stock is entering oversold territory. The Awesome Oscillator (AO), Stochastic RSI, and Commodity Channel Index (CCI) are neutral, indicating the stock is not currently overbought or oversold. After a downside gap of approximately $0.46 (0.69%), the stock is near its daily low at $64.34, down $2.09 or 3.15%, with intraday volatility at 2.76%, signaling the persistence of selling pressures as momentum leans negative.

Earlier, analysts noted that persistent technical and liquidity pressures weighed on AST SpaceMobile and reinforced a cautious outlook for the stock. The latest trading action and technical signals in the current article support this bearish scenario, with attention now turning to price behavior around the $64.21 support as a pivotal level for short-term direction.

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

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