Company Overview:  AST SpaceMobile, Inc. (NASDAQ: ASTS) is engaged in building a global cellular broadband network in space to operate directly with standard, unmodified mobile devices based on its intellectual property (IP) and patent portfolio and designed for both commercial and government applications. This Report covers the Price Action, Technical Indicators Analysis along with the Target Levels, Stop Loss, Support Levels, Resistance Levels, and Recommendation on stock.

US Markets Round-Up

This week, the Russell 3000 index, an important benchmark of the US stock market across market capitalizations, began on a positive note and maintained its momentum throughout the week. The index made high of 3369.35 during the week and settled at 3366.11 with a week-to-date (WTD) gain of ~4.43 percent on May 15, 2025. Other major indices, such as S&P 500 and NASDAQ Composite witnessed upside movement for the week. On May 15, 2025, the S&P 500 index settled at ~5916.92 with a WTD gain of ~4.54 percent, while the NASDAQ Composite Index settled at 19112.31 with a WTD gain of ~6.60 percent.  

Having understood the US market performance over the week, taking cues from major global news, and based on technical analysis of the Russell 3000 index for the upcoming week, now let’s have a look at the one US-listed stock to pick from the technical standpoint. Noted below recommendation is based on the entry price, target prices, and stop-loss for AST SpaceMobile, Inc. (NASDAQ: ASTS) for the next 2-4 weeks duration: