AST SpaceMobile secures Anatel approval and new deals: ASTS remains under pressure
AST SpaceMobile (ASTS) stock is trading at $37.15, up 2.55% for the day. The price remains below its key moving averages, signaling ongoing weakness in the broader trend.
Highlights
- AST SpaceMobile and AT&T completed the telecom industry’s first direct handoff between terrestrial cellular and satellite networks, advancing integration prospects.
- AST SpaceMobile secured regulatory approval from Brazil’s Anatel and added partnerships with four regional Latin American mobile operators.
- AST SpaceMobile stock trades below key moving averages with bearish momentum, and expected range is $33.24 to $41.06 over the next 2 to 3 days.
Operational breakthroughs drive optimism amid legal risks
AST SpaceMobile and AT&T achieved the telecom industry's first successful handoff between a terrestrial cellular network and a direct-to-device satellite network, according to Telcomagazine. This technical milestone demonstrates AST SpaceMobile's capability to integrate satellite technology with conventional cellular coverage, fueling investor expectations around commercial adoption. Meanwhile, the company secured regulatory approval from Brazil's Anatel and partnered with four regional mobile operators, as reported by Inkl, expanding its potential footprint in Latin America. Ongoing securities fraud class action lawsuits, detailed by Stockhouse, add a measure of legal uncertainty but have not overshadowed the broader momentum from these operational breakthroughs.
Sustained technical weakness as sellers dominate momentum signals
ASTS is trading below the MA-20 at $38.69 and the MA-50 at $40.55 on the hourly chart, and remains well under the MA-200 at $76.78 on the daily timeframe. The Ichimoku Kijun Cloud indicates immediate resistance at $40.46. Momentum signals from MACD and ADX point to ongoing selling pressure, while RSI, Stoch RSI, and CCI all register neutral readings. Bull/Bear Power sits at –0.68, reflecting short-term dominance by sellers, and the Awesome Oscillator is neutral.
Limited upside scenario as volatility bands and downside risk persist
Over the next 2–3 trading days, ASTS is expected to move within a typical volatility band between $33.24 and $41.06. The probability of a sustained upward move is low, with risk skewed to the downside. Consolidation around current levels may occur in the baseline scenario, while a break above immediate resistance could trigger a technical bounce; conversely, a breakdown below key support would indicate renewed selling pressure.
Earlier, analysts noted that AST SpaceMobile continued to face persistent downside pressure despite technical achievements and regulatory milestones. The latest technical and regulatory updates reinforce that downside risk remains elevated, making the $33.24–$41.06 volatility band a key focus for assessing breakout or breakdown scenarios in the near term.