AST SpaceMobile shares gain more than 7% after progress in BlueBird satellite deployment and new FCC testing license
AST SpaceMobile, Inc. (ASTS) jumped 7.09% after reporting operational advances, including expanding its satellite constellation and securing regulatory approvals. The move looks limited, with the stock remaining below its 20-day, 50-day, and 200-day moving averages, and sellers still exerting short-, medium-, and long-term pressure.
Highlights
- AST SpaceMobile shipped three additional BlueBird satellites, received a 30-day FCC license for 900-MHz testing, and conducted its first integration with TELUS.
- The company now operates 13 satellites with $1.3 billion in contract backlog and more than $3.7 billion in liquidity, but remains pre-revenue.
- Shares of AST SpaceMobile trade below key moving averages with persistent bearish signals and an expected range of $46.05 to $63.01 in the next five days.
Capital inflows and connectivity milestones as pre-revenue status holds
AST SpaceMobile recently made progress on its constellation expansion, shipping three additional BlueBird satellites to Cape Canaveral and receiving a 30-day temporary FCC license to test 900-MHz radiolocation across the U.S. and Hawaii. The company also completed its first network integration test with TELUS in Canada, furthering terrestrial and space-based connectivity. It currently has 13 satellites in orbit, $1.3 billion in contract backlog, and over $3.7 billion in liquidity as it remains pre-revenue.
Bearish signals intensify as resistance caps momentum despite volatility spike
AST SpaceMobile is trading below its 20-day, 50-day, and 200-day moving averages ($59.62, $62.85, and $80.75), signaling persistent pressure from sellers in the short, medium, and long term. Price action is limited by the near-term ceiling at $55.49 and supported by the near-term floor at $47.73, with the Ichimoku Kijun ($57.36) acting as additional resistance overhead; the wide bearish gap between the 50- and 200-day averages confirms the prevailing downtrend. Momentum indicators paint a mixed-to-bearish picture: the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) both forecast sell signals, with RSI at 35.81 indicating a bearish bias as the stock approaches oversold territory. The Commodity Channel Index (CCI), Bull/Bear Power (BBP), and Stochastic RSI all register oversold readings; BBP at -2.66 confirms sellers dominate intraday momentum, while the Average Directional Index (ADX) and Awesome Oscillator both signal a neutral and steady environment. The stock has gained $3.61 or 7.09%, following a pronounced upside gap of $3.97 (7.8%) and is currently trading near session highs after a range of $47.73–$55.49, with intraday volatility at 16.26%. Despite today's surge and strong move toward the high end of its range, momentum signals raise caution about follow-through, pointing to underlying weakness and elevated volatility.
Earlier, analysts noted that AST SpaceMobile faced continued downside risk due to persistent technical weakness and intensifying competition in the direct-to-phone satellite market. The current analysis reinforces this negative outlook by highlighting that, despite recent operational gains and a sharp intraday rally, the prevailing scenario is high volatility within a defined range, with price action vulnerable to a pullback toward $46.05 if support at $47.73 fails.