AST SpaceMobile Surges 15.2% in Two Days as Bullish Momentum Hits Record High

AST SpaceMobile (ASTS) has demonstrated significant bullish momentum recently, closing at $94.50 on October 14, 2025, up 4.42%. This follows a 10.33% surge the prior day, resulting in a two-day cumulative gain of 15.20%. The price action reflects robust buying interest.
Candlestick Theory
Recent candlesticks reveal a strong bullish continuation pattern. The long green candle on October 13 (open near $83, close at $90.50) signaled decisive buying pressure after a brief dip below $82. A second elongated candle on October 14 (low $85.30, high $99.13, close $94.50) established a new all-time high. However, the extended upper wick at $99.13 indicates resistance near the $100 psychological barrier. Key support is observed at $92.07 (prior high-turned-support) and the gap zone between $82.03 and $83.00. Resistance is firmly placed at $99.13–$100.00.
Moving Average Theory
The stock trades well above its primary moving averages, confirming a sustained uptrend. Price action remains above ascending 50-day, 100-day, and 200-day averages, with the 50-day MA likely positioned near $65–$70. The 50/100/200-day MAs are stacked bullishly (50 > 100 > 200), reinforcing long-term strength. Recent closes far exceed these averages, suggesting overextension in the short term but no imminent trend reversal.
MACD & KDJ Indicators
MACD likely shows a bullish configuration, with the MACD line above the signal line and a rising histogram, validating momentum. KDJ metrics are overbought: the %K reading (recently calculated at approximately 89) exceeds 80, signaling potential exhaustion. Although these indicators support continued momentum, the extreme KDJ and MACD’s distance from zero may precede a consolidation phase. A bearish MACD crossover or KDJ reversal would warrant caution.
Bollinger Bands
Volatility expansion is evident as price touches the upper Bollinger Band (20-day SMA near $63–$65, with upper band around $75–$78). The sharp rally has pushed the price well above the +2σ band, indicating overbought conditions typical of strong trends. However, consistent closes above the upper band highlight sustained upside momentum. Contraction is required for sustained gains, and a reversion toward the midline ($63–$65) could offer entry points.
Volume-Price Relationship
Volume spikes validate key price moves. The 43.3M shares traded on October 8 (close: $81.20, +8.63%) coincided with the initial breakout. Follow-up volume of 13.2M and 17.3M shares on October 13–14 confirmed the rally’s legitimacy. However, the October 14 volume (17.3M) was lower than the October 8 peak, suggesting diminished enthusiasm near $100 resistance. Sustained advances require volume expansion above the 20-day average (~15M–20M).
Relative Strength Index (RSI)
The 14-day RSI is approximately 83, deep in overbought territory (>70). Historically, similar RSI peaks in late September preceded minor pullbacks (e.g., 9.38% decline on September 25). While high RSI does not guarantee reversal, it signals frothy conditions. Traders should watch for divergence, such as higher highs in price with lower highs in RSI, to signal weakening momentum. A pullback toward 50–60 RSI would be constructive.
Fibonacci Retracement
Applying Fibonacci to the dominant uptrend from the $17.50 low (January 29, 2025) to the $99.14 high yields key levels: 23.6% ($79.87), 38.2% ($67.95), and 50% ($58.32). The October 10 low ($81.93) rebounded near the 23.6% support, confirming its significance. These levels offer downside targets should profit-taking emerge. Confluence exists at $79.87–$81.93 (23.6% Fib + gap support), making it a critical defense zone.
Confluence and Divergence Observations
Confluence appears at support levels: $92.07 (prior resistance) aligns with short-term trendlines, while $79.87–$82.03 merges Fibonacci, gap support, and volume-based demand. Divergence emerges in momentum indicators: RSI and KDJ flag overbought conditions against unchecked price gains, and volume has not confirmed new highs. MACD and moving averages remain aligned with the uptrend but are stretched. Overall, the technical posture favors continued strength contingent on holding $92.07 support, though a near-term pullback toward Fib or moving averages is increasingly probable.