Reason: The space complex kept deteriorating across the board - IRDM cooled further but remains the only name with a relatively intact structure; RKLB fell deeper into its downtrend; ASTS posted the sharpest single week in the group at -21.17%; LUNR sank to a fresh -71% off its 52-week high.

Tape Read

This complex hasn't found a floor. IRDM, still nominally the cleanest structure, cooled further: RSI 45.3 (was 54.0), -6.75% 7D, though its 30-day print actually turned positive (+4.73%). RKLB deepened back into its downtrend: RSI 31.0 (was 37.4), -16.56% 7D, -36.95% 30D — last read's reversal-of-a-bounce just kept going. LUNR sank further into collapse: RSI 25.8 (was 30.4), now -71.08% off its 52-week high (was -65.5%). ASTS posted the sharpest single week in the group: RSI 34.6 (was 42.0), -21.17% 7D, now -56.82% off its 52-week high (was -45.2%) — the deepest weekly drawdown in this file this cycle. Source: summaries/space.json (no dedicated 2026-07-17 scan for this watchlist).

• IRDM — WATCH (downgraded further): RSI 45.3 (down from 54.0), still golden-cross, +4.73% 30D (turned positive) — the least-bad chart in the group, but no longer clean enough to call a structural leader.
• RKLB — PASS: RSI 31.0 (down from 37.4), -36.95% 30D — back into deterioration after last read's reversed bounce; no basing evidence.
• LUNR — PASS: RSI 25.8 (down from 30.4), -71.08% off 52wk high — still the deepest damage in the group, sinking further.
• ASTS — PASS: RSI 34.6 (down from 42.0), -21.17% 7D — the sharpest single-week move in this file this cycle, deepening its own collapse.

Lead pick: Still no clean add in this complex. IRDM remains the least-damaged chart by default, not by strength. ASTS's -21.17% week is the one to flag — the deepest single-week drawdown across all four names this cycle.

Sources

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-17 close — *.