AST SpaceMobile, Inc. (ASTS)

AST SpaceMobile, Inc. is trading at $62.40, up 11.83% on the session. The 50 day average sits at $67.91 and the 200 day at $81.45, which puts the stock in a downtrend. RSI is at 39.2, which reads as weak, and MACD is bearish crossover. Volume is below average.

The nearest support is around $53.33 with resistance near $64.63, so that band frames the current range. Average daily movement is roughly $4.72, or about 7.6% of the share price, which is what any stop placement has to allow for. The overall health score of 18 out of 100 combines a trend score of 0, momentum of 31 and a risk score of 28.

AST SpaceMobile, Inc., together with its subsidiaries, designs and develops the constellation of BlueBird satellites in the United States. The company provides a cellular broadband network in space to be accessible directly by smartphones for commercial use and other applications, as well as for government use. Its SpaceMobile service provides cellular broadband services to end-users who are out of terrestrial cellular coverage. The company was founded in 2017 and is headquartered in Midland, Texas.