ASTS Rockets 14% as Bulls Test $87 Resistance

$AST SpaceMobile, Inc.(ASTS)$

AST SpaceMobile, Inc.(ASTS) Soared +14.03%: Satellite Play Defies Gravity, Testing $87 Resistance

Latest Close Data

Closed at $86.48 (ET 2025-12-23), surging +14.03% with a daily range of $77.92-$87.03. The price is now 15.8% below its 52-week high of $102.79.

Core Market Drivers

The strong rally occurred amidst positive sector sentiment for satellite and space-based communication technologies.

Recent capital flow data shows significant net selling pressure over the past week, making today's high-volume rebound a potential short-squeeze or sentiment reversal.

Technical Analysis

Volume surged to 18.8M shares (Volume Ratio: 1.28), confirming bullish conviction.
The MACD histogram turned sharply positive to 2.47, signaling strong renewed upward momentum.
The 6-day RSI jumped to 71.73, approaching overbought territory but indicating powerful buying pressure.

Key Price Levels

Primary Support: $77.92 (Today's low & recent consolidation floor).
Strong Resistance: $87.03 (Today's high & immediate test level). A break above targets the $95 area.
Immediate Pivot: $86.48 (Today's close). Holding above is key for continuation.

Valuation Perspective

The stock trades at a Forward P/E of -67.20 and a staggering P/S of 1,712.80, reflecting its pre-revenue, high-growth phase.

This valuation is purely driven by future satellite network commercialization prospects, not current fundamentals.

Analyst Targets

Coverage is mixed. Among 11 analysts, 5 recommend Buy, 5 recommend Hold, and 1 suggests Underperform.

The average price target from 9 firms is $73.23, below the current price, with a high target of $95.0.

Weekly Outlook

Expect volatility as the stock tests the $87 resistance. A successful breakout could fuel a move toward $95.

Failure to hold above $86 may lead to a pullback toward the $78-$80 support zone. Monitor volume for confirmation.

Risk Disclaimer

This content is for informational purposes only and not investment advice. Trading involves risk, including potential loss of principal.

ASTS is a highly speculative stock with extreme valuation metrics and no current profitability. Past performance does not guarantee future results. Conduct your own research before making any investment decisions.

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