ASTS Stock Shows Early Bottoming Signs at $78.40 Rising Support

ASTS stock is approaching a technically critical level as price tests long-term rising support within a clearly defined upward channel. From a technical perspective, early bottoming signals are beginning to emerge, but confirmation will likely depend on the company’s upcoming earnings release.

Shares of AST SpaceMobile closed at $78.40 in the latest session, trading between $82.72 and $77.17. The stock is now sitting directly at the lower boundary of the rising channel that has guided the broader uptrend throughout 2025 and into early 2026.

Technical Structure at a Key Support Level

Rising Channel Support

The daily chart shows multiple previous touches of this ascending support line, each followed by rebounds toward the upper channel boundary. This historical behavior gives added importance to the current test of support.

While price has recently printed lower lows, the broader rising channel structure technically remains intact. A minor extension below the current level would not automatically invalidate the longer-term bullish trend. However, a decisive breakdown could shift the technical outlook significantly.

If support fails, the next major area of interest sits between $70 and $75, which could act as a secondary demand zone.

RSI Divergence Signals Possible Momentum Shift

Momentum indicators are beginning to show early signs of improvement. The Relative Strength Index is currently near 27.94, placing the stock firmly in oversold territory.

Despite recent lower price lows, the RSI has stabilized and started to turn higher. This creates a developing bullish divergence pattern. As noted in the analysis, bullish divergence does not always appear exactly at price lows, but its presence near rising support increases its technical relevance.

This suggests downside momentum may be weakening, even though confirmation has not yet occurred.

Event Risk: Earnings as the Catalyst

Earnings are scheduled for Monday after the close, introducing event-driven volatility into an already sensitive technical setup.

The results could confirm the early bottoming structure and trigger a rebound toward the upper channel boundary. Alternatively, disappointing fundamentals could invalidate the divergence and accelerate a breakdown below support.

At this stage, ASTS stock sits precisely at the intersection of technical support and earnings risk. The reaction to results will likely determine whether the stock resumes its upward channel trend or transitions into a deeper corrective phase.

Outlook and Market Implications

From a technical standpoint, the setup appears constructive but incomplete. RSI divergence at rising support creates an interesting opportunity, yet earnings remain the deciding factor.

Technical patterns often lose significance if fundamental results surprise negatively. Confirmation is key. A strong bounce supported by volume would strengthen the bullish case. Conversely, a clean break below support could open the path toward the $70 to $75 range.

For now, patience may be warranted as the market awaits clarity.

Source: Reformed Tr🅰️der