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AST SpaceMobile stock drops 6.13% and closes below all three daily EMAs

AST SpaceMobile stock drops 6.13% and closes below all three daily EMAs

CryptonomistCryptonomist2026/10/09 08:12
By:Cryptonomist

AST SpaceMobile stock has a bearish daily bias, with its session close below all three exponential averages and near the lower Bollinger band. The hourly chart supports that view. However, positive 15-minute MACD readings complicate short-term timing without overturning the broader structure.

ASTS — daily chart with candlesticks, EMA20/EMA50 and volume.

Key takeaways

  • AST SpaceMobile stock closed at $56.93 on Thursday, down 6.13% from the previous session’s close of $60.65.
  • The daily close sits below the 20-session EMA at $60.24, the 50-session EMA at $63.26, and the 200-session EMA at $70.95.
  • Daily RSI14 is 43.2, below the neutral 50 threshold; the daily MACD histogram is 0.05, above zero.
  • The next-session daily pivot is $57.73, with first resistance at $59.5 and first support at $55.16.
  • Hourly RSI14 is 40.24 with a negative MACD histogram of -0.42; the 15-minute MACD histogram is positive at 0.14.

AST SpaceMobile stock: the daily chart sets a bearish bias

On Thursday, October 8, 2026, ASTS opened at $59.25. The session opened at $59.25, traded between a low of $55.96 and a high of $60.30, and closed at $56.93, against a previous close of $60.65. The stock fell 6.13% from the previous close of $60.65 on October 7, 2026. Prices and technical indicators are from Twelve Data.

The daily averages are bearishly aligned. Price sits below the 20-session EMA at $60.24, the 50-session EMA at $63.26, and the 200-session EMA at $70.95. That ordering places all three trend references above the session close. A bullish case therefore requires more than strength on the shortest timeframe.

Meanwhile, daily RSI14 stands at 43.2, below the neutral 50 threshold but outside oversold territory. The daily MACD line is -1, above its signal at -1.05, with a positive histogram of 0.05. These signals are mixed: RSI supports the bearish bias, while MACD retains a narrow positive separation from its signal.

The daily Bollinger lower band is $56.36, with the midpoint at $60.07 and the upper band at $63.79. The close sits above the lower band but below the midpoint, placing it in the lower portion of the envelope. Daily ATR14 reads $4.17, providing the volatility reference for assessing nearby levels.

For the next session, the daily pivot sits at $57.73, with first resistance at $59.5 and first support at $55.16. These levels are calculated from the last completed daily candle. The close lies below that next-session pivot, leaving it as an initial daily reference to reclaim.

The hourly chart confirms the bearish bias; 15-minute signals complicate timing

Hourly chart reinforces the bearish bias

Similarly, the session close sits below the hourly 20-hour EMA at $58.54. It is also below the 50-hour EMA at $59.32 and the 200-hour EMA at $61.43. The hourly averages are bearishly aligned. Hourly RSI14 is 40.24, below 50, while the MACD line at -0.86 sits below its signal at -0.44. The histogram is negative at -0.42, reinforcing the daily bearish reading.

The close lies between the hourly lower Bollinger band at $54.93 and the midpoint at $59.6; the upper band is $64.27. Hourly ATR14 is $1.16. When trading resumes, the hourly pivot is $56.77, with first resistance at $57.14 and first support at $56.59. The session close is above that pivot but below first resistance, despite remaining below the hourly averages.

15-minute chart offers mixed execution signals

In contrast, the 15-minute chart offers a less uniformly bearish execution picture. The close is just above the 20-quarter-hour EMA at $56.92. However, it remains below the 50-quarter-hour EMA at $58.02 and the 200-quarter-hour EMA at $59.58. RSI14 is 46.26, still below 50. The MACD line at -0.53 is above its signal at -0.66, with a positive histogram of 0.14.

The close also sits above the 15-minute Bollinger midpoint at $56.61 and below the upper band at $57.15. The lower band is $56.07, and ATR14 reads $0.5. For the next session, the 15-minute pivot is $56.79, with first resistance at $57.12 and first support at $56.63. These nearby references matter for execution, not for defining the main market bias.

Regulatory and integration news present competing narratives

During Thursday’s session, Yahoo Finance linked an ASTS decline to regulatory permission allowing SpaceX to reach ordinary phones without a wireless carrier. A separate Yahoo Finance report said Clear Street viewed the FCC’s October 29 agenda as mixed for AST SpaceMobile. Clear Street favored its carrier partnerships, flagged a real but narrow auction risk, and retained its Buy rating.

Meanwhile, a Yahoo Finance report published after Thursday’s close said AST SpaceMobile and TELUS completed their first integration test. It connected TELUS’ terrestrial wireless network with AST SpaceMobile’s satellite-based system for direct smartphone-to-satellite service in Canada. Yahoo Finance’s headline argued ASTS could be 67% undervalued on that progress; this was a valuation claim, not an established market value.

Another Yahoo Finance report published after Thursday’s close described an after-hours ASTS decline alongside SpaceX obtaining Grain spectrum. Those post-close reports should not be treated as explanations for the completed regular session. Separately, Yahoo Finance’s pre-open coverage said Wall Street sees $3.2 billion of cash burn before 2029. This adds financing context to the discussion.

Bullish and bearish conditions for AST SpaceMobile stock

A bullish scenario would require AST SpaceMobile stock to reclaim the daily pivot at $57.73 and clear daily first resistance at $59.5. Above those levels, the daily Bollinger midpoint at $60.07 and the 20-session EMA at $60.24 become the next relevant hurdles. Hourly RSI above 50 and a positive hourly MACD histogram would support that case. The current hourly readings do not meet those conditions.

Conversely, a break below the daily lower Bollinger band at $56.36 and the session low at $55.96 would undermine the bullish case. Daily first support at $55.16 would then be the next downside reference, followed by the hourly lower Bollinger band at $54.93. The bearish daily and hourly average alignments support this conditional downside scenario without confirming it.

Overall, ASTS stands at $56.93, below the next-session daily pivot at $57.73 and above the daily lower band at $56.36. Daily ATR14 of $4.17 remains the broader volatility reference. The unresolved question is whether the positive 15-minute MACD reading can coexist with a reclaim of daily resistance. The hourly chart does not support that bullish condition.

FAQ

What is the daily trend structure for AST SpaceMobile stock?

The daily chart shows a bearish structure. ASTS closed at $56.93, below the 20-session EMA at $60.24, the 50-session EMA at $63.26, and the 200-session EMA at $70.95. Daily RSI14 is 43.2, below the neutral 50 threshold. The daily MACD histogram is positive at 0.05, providing a mixed signal within the broader bearish alignment.

What are the key levels to watch in the next session?

The next-session daily pivot is $57.73, with first resistance at $59.5 and first support at $55.16. The daily Bollinger lower band is $56.36, with the midpoint at $60.07. On the hourly chart, the pivot is $56.77, with first resistance at $57.14 and first support at $56.59.

How do the short-term signals compare to the daily bias?

The hourly chart reinforces the bearish bias: hourly RSI14 is 40.24 with a negative MACD histogram of -0.42, and the close sits below all three hourly EMAs. The 15-minute chart offers mixed signals, with RSI14 at 46.26 and a positive MACD histogram of 0.14, complicating short-term execution timing.

What news developments surrounded AST SpaceMobile on Thursday?

During Thursday’s session, Yahoo Finance reported on regulatory developments involving SpaceX and the FCC’s October 29 agenda. After the close, Yahoo Finance published reports on AST SpaceMobile’s integration test with TELUS and described an after-hours decline alongside SpaceX obtaining Grain spectrum. Those post-close reports should not be treated as explanations for the completed session. Pre-open coverage from Yahoo Finance flagged Wall Street’s estimate of $3.2 billion in cash burn before 2029.

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Cryptonomist and the author hold no positions in the financial instruments mentioned and receive no compensation from the companies covered.

Article produced with the assistance of artificial intelligence and reviewed by the editorial team.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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