ASTS stock falls 9.07% amid bearish daily chart patterns

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ASTS stock is in a bearish trend, with the Bitcoin chart showing mixed momentum. As of 10:42 ET on October 13, 2026, ASTS declined 9.07% to $46.795, trading below key moving averages and the lower Bollinger Band. The RSI14 and MACD confirm the downward bias.
CoinDesk reports:

ASTS stock exhibits a bearish daily chart pattern, with AST SpaceMobile's price trading below all three daily exponential moving averages and the lower Bollinger Band. The hourly chart confirms this bias. However, oversold readings during the session complicate short-term timing, without providing a bullish signal.

Key points

  • As of 10:42 a.m. ET on Tuesday, ASTS stock was trading at $46.795, down 9.07% from the previous trading day's closing price of $51.46.
  • The daily RSI(14) is 31.76, above the oversold threshold of 30. The daily MACD line is -2.74, below the signal line at -1.62, with a histogram of -1.12.
  • The price is below the lower Bollinger Band at $50.15 on the daily chart and also below the first daily support level (S1) at $50.30.
  • The hourly RSI14 is 28.20, indicating an oversold condition. The 15-minute RSI14 is 19.16, also in the oversold zone.
  • The price is above the 15-minute pivot level at $46.47 but below the hourly pivot level at $47.09.

On Tuesday, October 13, 2026, trading opened at $48.40, fluctuated between $46.24 and $48.72 during the session, and is currently at $46.80, compared to the previous close of $51.46. ASTS was last quoted at $46.795 as of 10:42 AM ET, down 9.07% from the previous close. The previous close of $51.46 was from October 12, 2026. To date, the trading volume for this session is 203,096 shares. Price and technical indicators are provided by Twelve Data.

ASTS stock: Daily chart structure confirms a bearish bias

The daily moving average alignment shows a clear bearish bias: price is below the 20-day EMA at $57.48, followed by the 50-day EMA at $61.73. The 200-day EMA is positioned higher at $70.32. This configuration supports a bearish outlook, beyond just price being below a single moving average.

Meanwhile, the daily RSI14 declined from 36.69 on the previous trading day’s candle to 31.76, approaching the oversold region but remaining above 30. The daily MACD line stands at -2.74, below the signal line at -1.62. The histogram decreased from -0.71 to -1.12, maintaining a negative divergence between the line and the signal.

The price is also below the lower Bollinger Band at $50.15 on the daily chart. The middle band is at $58.60, and the upper band is at $67.06. This level further reinforces the downward imbalance, but does not indicate an imminent rebound. The daily ATR(14) is $4.53, providing only a reference for volatility, not a directional signal.

Notably, the price is below the daily first support level (S1) at $50.30 and also below the daily pivot point at $52.48. The daily first resistance level (R1) is at $53.65. These levels are derived from the previous completed daily candlestick and apply to the current trading session; at this time, S1 is positioned above the price, rather than acting as a support below.

The hourly chart confirms, but short-term signals are mixed.

The hourly moving averages also remain bearishly aligned. The price is below the 20-hour EMA at $52.16, the 50-hour EMA at $55.25, and the 200-hour EMA at $59.70. The hourly RSI(14) has risen from 26.78 on the previous candle to 28.2 but remains in oversold territory.

In contrast to the rising RSI, the hourly MACD histogram declined from -0.13 to -0.3. The MACD line stands at -2.22, remaining below the signal line at -1.92. While the signals at these indicator levels are mixed, none of them overturn the daily bearish structure.

The price is trading between the lower Bollinger Band at $45.70 and the middle band at $51.92. It is below the hourly pivot point at $47.09 and the first resistance level (R1) at $47.95, but above the first support level (S1) at $45.47. The hourly ATR(14) is $1.54. Hourly pivot levels are derived from the previously completed hourly candle.

From an execution perspective, the price is above the 15-minute pivot level at $46.47 and the first resistance level (R1) at $46.71. However, it remains below the 20-period 15-minute EMA at $50.17. The 15-minute RSI(14) is in oversold territory at 19.16, and the MACD histogram stands at -0.71, remaining negative. The price is above the Bollinger Bands lower band at $46.14 and the first support level (S1) at $46.09. The 15-minute ATR(14) is $0.77; the pivot levels are calculated using the previous completed 15-minute candle.

Recent reports on competition and valuation concerns

A Yahoo Finance article published before Tuesday’s open linked the pre-market decline of approximately 5% to Piper Sandler’s downgrade of the rating. The report cited increased competition from SpaceX and potential limitations in satellite launch availability. This pre-market movement is separate from the decline during the current trading session.

Additionally, pre-market valuation commentary on Yahoo Finance questioned whether AST SpaceMobile’s balance sheet assets are sufficient to support its valuation. Another pre-market Yahoo Finance report stated that AST’s upcoming Ligado spectrum rights remain contingent upon approval and closing conditions. These are all concerns and conditional developments, not completed outcomes.

Bullish and Bearish Scenarios

The bullish scenario requires the price to hold the 15-minute pivot at $46.47 and break above the hourly pivot at $47.09. The next upper reference level is the hourly R1 at $47.95. If these levels are breached, the short-term bullish foundation will strengthen, but daily resistance remains critical. Subsequently, the price must reclaim the daily Bollinger Band lower band at $50.15 and S1 at $50.30 before facing the daily pivot at $52.48 again.

Conversely, if the price breaks below the 15-minute pivot at $46.47, the bullish scenario will be weakened. Below the intraday low of $46.24, the lower 15-minute Bollinger Band at $46.14 and S1 at $46.09 will become the next levels of reference. The lower hourly Bollinger Band at $45.70 and S1 at $45.47 will serve as subsequent downside targets.

Overall, the ASTS price is above the nearby 15-minute-level support but below the hourly pivot and key daily reference levels. ATR readings provide a volatility profile across all three timeframes. Whether the intraday oversold reading will be accompanied by sustained strength remains unresolved, as the trading session is still ongoing.

Frequently Asked Questions

What was the ASTS stock price on Tuesday?

As of Tuesday, October 13, 2026, at 10:42 AM Eastern Time, ASTS stock was trading at $46.795, a 9.07% decline from the previous closing price of $51.46 on October 12, 2026. Trading opened at $48.40, with an intraday low of $46.24 and a high of $48.72.

What do the daily technical indicators for ASTS show?

The daily RSI(14) is 31.76, nearing but still above the oversold threshold of 30. The daily MACD line is at -2.74, below the signal line at -1.62, with a histogram of -1.12. The price is below the 20-day EMA at $57.48, the 50-day EMA at $61.73, and the 200-day EMA at $70.32, as well as below the daily Bollinger Bands lower band at $50.15.

Where is ASTS positioned relative to the key support level?

The price is above the 15-minute pivot at $46.47 and the intraday low at $46.24. Below that, the 15-minute Bollinger Band lower rail is at $46.14, and the 15-minute S1 is at $46.09. The hourly Bollinger Band lower rail is at $45.70, and the hourly S1 is at $45.47. On the daily timeframe, the price is below the S1 at $50.30 and the daily pivot at $52.48.

What are the bullish conditions for ASTS?

The bullish scenario requires the price to hold the 15-minute pivot at $46.47 and break above the hourly pivot at $47.09. The hourly R1 at $47.95 is the next upper reference level. Subsequently, the price must reclaim the daily Bollinger Band lower band at $50.15 and the daily S1 at $50.30 before the daily pivot at $52.48 becomes relevant.

Cryptonomist and the author hold no positions in the financial instruments mentioned in the article and have received no compensation from the companies reported on.

This article was generated with the assistance of artificial intelligence and reviewed by the editorial team.

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