AST SpaceMobile stock resistance test: Technical outlook

AST SpaceMobile stock resistance test: Technical outlook
AST SpaceMobile gains 0.23% at $60

AST SpaceMobile (ASTS) stock is trading at $60, posting a modest daily gain and closing near the session’s high. The move leaves the price below its key moving averages, which suggests ongoing technical pressure despite today’s intraday recovery.

ASTS price prediction
24H 1.6%
$33.12
48H 2.52%
$33.42
7D 2.98%
$33.57
1M -53.13%
$15.28
3M -47.94%
$16.97
6M -47.61%
$17.08
12M -64.48%
$11.58
Current price: $32.6 -1.9200 5.56%
Closed 11/13
Daily range 31.37 Arrow from to Icon 34.27
Weekly range 31.37 Arrow from to Icon 38.11
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Highlights

  • AST SpaceMobile has secured partnerships with over 60 mobile network operators, reaching more than 3 billion subscribers globally.
  • The company is preparing for commercialization of its space-based cellular broadband, with regulatory approvals as the next critical step for growth.
  • Shares of AST SpaceMobile trade below key moving averages with bearish momentum signals, and are expected to fluctuate between $55.73 to $64.27 in the coming days.

Expanded operator alliances and regulatory progress fuel scale ambitions

AST SpaceMobile has expanded its reach by forming partnerships with more than 60 mobile network operators worldwide, giving it access to over 3 billion subscribers and laying the foundation for robust future service adoption. This extensive alliance network enhances the company’s potential scale and appeal to prospective service customers. Additionally, AST SpaceMobile is advancing toward commercialization of its space-based cellular broadband, with regulatory approvals forming the next crucial step in unlocking new revenue streams and operational growth opportunities.

AST SpaceMobile Inc. asset chart
AST SpaceMobile Inc. price dynamics. Source: TradingView.

Bearish momentum confirmed as price stays under key resistance levels

ASTS is trading below the MA-20 at $60.63 and MA-50 at $62.31 on the hourly chart, and also remains under the MA-200 at $81.58 on the daily timeframe. The Ichimoku Kijun level at $60.89 is serving as immediate resistance. Momentum indicators point to continued downside: MACD signals Strong Sell, ADX shows a prevailing downtrend, and both RSI at 41.61 and CCI remain bearish. Stoch RSI is neutral, while Bull/Bear Power confirms seller dominance in the current session.

Sideways outlook prevails as downside risk overshadows limited bullish case

Over the next several days, ASTS is expected to fluctuate within a typical volatility range of $55.73 to $64.27. The likelihood of an upward move is very low and the risk of renewed downside is high, with sideways trading the most probable scenario. Should the price decisively clear resistance at $60.89, a bullish scenario emerges with room for upside, while a breakdown below $55.73 would signal a resumption of the prevailing downtrend.

Anton Kharitonov, analyst at Traders Union, sees ongoing technical weakness despite recent gains, as ASTS trades below all major moving averages and downside momentum persists. He notes that while AST SpaceMobile’s global partnerships broaden its scaling potential and future service demand, the price trend remains bearish for now. Regulatory progress is the key driver to watch, but immediate resistance holds firm. "Unless ASTS climbs above $60.89, I remain defensive and would not initiate new positions at these levels."

Earlier, analysts noted that AST SpaceMobile continued to exhibit technical weakness with a prevailing bearish outlook. The latest trading action and technical signals affirm this bias, with heightened attention warranted at the $60.89 resistance and $55.73 support levels as catalysts for a potential breakout or renewed downside.

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.