[Music] is it time to buy or sell as space Mobile stock in this video we will explore as space Mobile in depth our initial report was published on our website on Thursday the 12th of September 2024 and now we are here to offer you an even more comprehensive analysis remember to subscribe hit the like button and turn on the notification Bell to stay informed about our latest insights you won't want to overlook any important updates that could affect your Investments enhance your trading Decisions by trying our newly launched AI stock analysis tool powered by gp4 at stockinvest.us harness the potential of AI and receive free Price predictions in in-depth analysis for any one of 25,000 companies worldwide today please keep in mind that this video is for informational purposes only and should not be regarded as Financial advice since the 14th of May 2024 our system has identified as space mobile as a buy candidate awarding it a score of 1.51 now let's examine the Stock's performance during this time frame those who adhered to our analysis could have realized an extraordinary gain of 967 33% since we initially designated as space mobile as a buy candidate 84 days ago this equates to an average return of 11.52% each day since it was classified as a buy candidate the current 3month Trend indicates a possible change of 125.638 1% to 283.15 per. regarding the 12-month Trend it predicts a change of 95.3% over the next 12 months with a possible return between 36.8% and 191.168 196 after a year our latest daily update for as space mobile includes the headline High volatility in as space Mobile Inc stock price on Thursday which ended trading at $26.7 the as space Mobile Inc stock price declined by 3.98% on the last day which was Thursday the 12th of September 2024 falling from $27.90 to $26.7 during that trading day the stock experienced a fluctuation of 14.91% ranging from a low of $23 54 to a high of $275 the price has been quite volatile during this period and there has been a loss of 3.88% over the last 2 weeks volume increased on the last day by 9 million shares despite the falling prices this may serve as an early warning Sugg testing a slight increase in Risk over the next couple of days in total 25 million shares were bought and sold for approximately 670 m210 th000 over the past 52 weeks the highest stock price reached was $397 while the lowest was $11.97 currently the stock price stands 31.43% or $12.28 below the 52- we high of $397 which is also the all-time high for this stock as space mobile recognized by the stock symbols has recently experienced considerable activity following the successful launch of its first five commercial satellites known as bluebirds this launch which occurred from Cape Canaveral represents a significant milestone in the company's mission to provide Global broadband connectivity directly to smartphones this effort is bolstered by Partnerships with major telecommunications companies such as AT&T and Verizon despite this positive advancement the stock saw a sharp decline of 10% immediately after the launch prompting concerns among investors the volatility in the stock price can be linked to Market fluctuations and the potential for profit taking after an impressive increase of 800% over the past 6 months while the long-term outlook for ests remains optimistic thanks to the growing satellite Communications Market short-term fluctuations may present risks for new investors the successful launch highlights as space Mobile's distinctive position within the Telecommunications sector offering a first mover advantage in space-based Mobile connectivity in the future if the company can showcase operational success and Foster continued growth in Partnerships investor confidence might stabilize potentially leading to a recovery in stock prices however the need for substantial capital and the inherent risks associated with space technology will be critical factors affecting future performance analyst ratings on Wednesday the 4th of September 2024 it was reported that Deutsche Bank assigned as a buy rating along with a hold recommendation on Friday the 16th of August 2024 Scotia Bank rated ests as outperform while also recommending a hold on the same day Scotia Bank further rated as a sector outperform with a hold recommendation on Thursday the 15th of August 2024 B Riley securities issued a buy rating for ests along with a hold action on that same day B Riley again rate as with a buy recommendation and a hold action analysts have assigned as space Mobile stock a general strong cell rating they have classified the price to earnings ratio as strong sell and the price to book ratio as strong sell regarding return on investment the analysts have also rated the stock as strong cell the following signals have been identified for as space mobile a cell signal was issued from a pivot top point on Monday August 19th 2024 and so far the stock has declined by 30.6% further declines are anticipated until a new bottom pivot is established additionally a cell signal is currently indicated from the 3-month moving average convergence Divergence or macd volume increased on falling prices yesterday which may serve as an early warning thus the stock should be monitored more closely some positive signals have also emerged potentially influencing short-term developments the stock for a space Mobile Incorporated holds a cell signal from the short-term moving average however there is a Buy Signal from the long-term average since the short-term average is above the long-term average this indicates a general Buy Signal for the stock suggesting a positive forecast should the stock experience further gains it will encounter resistance from the short-term moving average at approximately $27.77 Converse if it declines support will be found from the long-term average at around $25.94 a breakout above the short-term average will trigger a Buy Signal while a breakdown below the long-term average will indicate a sell signal here are some additional signals that may peque your interest moving average convergence Divergence indicates a cell signal pivots generated a cell signal 18 days ago Ballinger bands signaled a buy opportunity 90 days ago short-term moving average issued a Buy Signal 8 days ago when we examine the 12-month chart we observe the short moving average provided a sell signal 7 days ago the long-term moving average indicated a Buy Signal 83 days ago the relationship between the short and long moving averages suggested a Buy Signal 77 days ago for more signals please visit our page at stockinvest . us support risk and stop-loss for as spacemobile as space Mobile Inc finds support from accumulated volume at $261 this level may present a buying opportunity as an upward reaction is anticipated when this support is tested the stock experiences significant movement throughout the day indicating High volatility Additionally the Ballinger band's large prediction interval classifies this stock as very high risk over the past day the stock fluctuated by $351 between its highest and lowest points representing a change of 14.91% for the last week the daily average volatility of the stock has been 11.70% before we dive into the potential trading levels for as space mobile let's quickly cover some essential fundamental data first let's discuss the price to earnings ratio commonly known as the PE Ratio this important metric Compares a company's current share price to its earnings per share a negative PE ratio indicates that the company is experiencing negative earnings or is incurring losses even established companies can go through challenging periods often due to factors beyond their control however a pattern of consistently negative PE ratios may suggest insufficient profit profit and could raise concerns about potential bankruptcy risks Additionally the next earnings report for the third quarter of 20124 is anticipated on the 12th of November 2024 analysts are predicting a consensus estimate of 8 C it is essential to monitor these figures as they can significantly influence stock prices now let's discuss some potential day trading levels for as space Mobile in the event of an upward Trend the first resistance level for as space mobile is at 31.03 if you do not own any shares it may be wise to wait for this level to be surpassed before entering a position for those already holding the stock this could be a suitable point to consider for swing trading on the downside as space mobile encounters its first support level at 2611 if this support level holds it may present a favorable entry point anticipating a rebound the combined average rating for as space mobile from various analyst sources is classified as a strong cell now let's examine some recent Insider trades on the 10th of September 2024 Torres Julio a made an Insider purchase of 5,744 shares of class a common stock on the same day sarof Richard also conducted an Insider purchase of 5,744 shares of class a common stock additionally on that same date Rubin Ronald L bought 5,744 shares of class a common stock on the 10th of September 2024 wiberg Johan similarly acquired 5,744 shares of class a common stock earlier on the 6th of September 2024 ceros Adriana purchased 950 shares of class a common stock analyzing the most recent 100 Insider trades we find that The Insider power is positive with a ratio of approximately 98.71% in total insiders have bought 297 m41528 44,6 15 shares in the last 100 trades our recommended stop-loss is set at $25.3 reflecting a decline of 5.3% this stock experiences significant daily fluctuations which contributes to its high risk additionally there is a cell signal indicated by a pivot top identified 57 days ago is a space Mobile stock a good buy several signals and indicators currently appear negative which we believe will impact the stocks development in the coming days and possibly weeks however we see today's price level as a potential buying opportunity and we anticipate that the price will increase during or by the end of this 3-month period after analyzing the volatility and movements from the last trading day our systems indicate that the current price is overvalued for trading on Friday the 13th of September we expect as space mobile to open lower by $1 and begin trading at $25.7 we remind you that trading involves a high risk of losing money it is essential to consult with a financial advisor before making any decisions regarding buying or selling securities your investment decisions should not solely rely on the information provided by stockinvest.us by using this information you acknowledge and accept responsibility for your own investment choices this is our current view of the stock do you agree or disagree please share your thoughts in the comments below what is your target for the stock remember to like And subscribe we wish you successful trading and hope you have a wonderful day with warm regards from all of us here at stock invest