AST SpaceMobile: sellers still in control
AST SpaceMobile slips 2.8% as the sell corridor tightens further
AST SpaceMobile: sellers still in control
Our view last week
AST SpaceMobile's Sell signal picked up pace again: this week the stock dropped 21.2%, with 77% of volume on the sell side, after last week's -13.9%. The price stays boxed between the daily pivot average, in the 58 area, and the lower Bollinger Band, in the 56 area: a tight corridor sellers keep controlling. The short is now near 30% profit.
This week's summary
AST SpaceMobile shares give back just 2.8% this week, but 95% of volume came in on the sell side and money flow keeps worsening, at its weakest in four weeks. Price stays boxed into a narrower corridor than last week's, between the 57 area and the 53 area. The short is above 31% profit.
IQS Phase
77
in tension
Signal Strength
43
isolated weekly drop
Sizing
REDUCED
Ranking
#56 / 141
US stocks
Trade P&L %
+31.80%
from signal to today
Rank position
ranks 56th among the 141 sell signals for US stocks in our ranking, with a signal strength of 43 out of 100.
Sector context
SectorCommunication Services
Benchmark ETFXLC
Sector regimeweak phase
Performanceweekly -3.93% · monthly -0.23%
ASTS belongs to the communication services sector (reference ETF XLC). The sector is classified weak phase according to our weekly reading.
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