The short-term technical indicators for AST SpaceMobile (ASTS) are as follows1:
- Support and Resistance Levels: The support level is at $24.00, and the resistance level is at $26.00. The current closing price of $24.30 is between these levels, indicating a potential for movement in either direction.
- Moving Averages: The 50-day moving average is $25.00, and the 200-day moving average is $12.57. The current price is above the 50-day moving average but below the 200-day moving average, which could suggest a bearish trend.
- RSI: The Relative Strength Index (RSI) is at 34.29, which is neither overbought nor oversold and suggests a stock that is neither in an extreme buying nor selling condition.
- Bollinger Bands: The lower Bollinger Band is at $12.33, which is significantly below the current price, indicating that the stock is trading in the upper part of its recent range.
These indicators suggest that ASTS is trading in a narrow range, with potential for movement in either direction. The RSI indicates a lack of momentum, while the Bollinger Bands suggest that the stock is trading in an area of historical volatility.