Reason: The whole space complex's weekly declines decelerated together this cycle - ASTS's -21.17% week eased to -2.77%, RKLB's -16.56% eased to -5.49%, LUNR's and IRDM's slides also slowed - though every name besides IRDM remains in a collapse regime and RKLB's thesis is now explicitly flagged broken.

Tape Read

This complex still hasn't found a floor, but the pace of the damage eased across the board this cycle. IRDM, still the least-bad chart, saw its own decline slow further: RSI 43.7 (roughly flat from 45.3), -1.93% 7D (was -6.75%), and its 30-day print improved to +8.28% (was +4.73%). RKLB's RSI held near flat (31.6, was 31.0), but its weekly decline decelerated sharply to -5.49% (was -16.56%) and its regime is now explicitly flagged collapse with the thesis marked broken. LUNR ticked up slightly (RSI 28.0, was 25.8), -4.44% 7D (a slower pace than the prior week), still -70.67% off its 52-week high — the deepest damage in the group. ASTS posted the sharpest deceleration of all: RSI 35.9 (up from 34.6), -2.77% 7D versus last read's -21.17% — the sharpest single-week drawdown in this file's history just eased to nearly flat. Source: full-scan pre-computed summaries as of the 2026-07-24 close — *.

• IRDM — WATCH: RSI 43.7 (roughly flat from 45.3), still golden-cross, 30D +8.28% (improved from +4.73%) — still the least-bad chart, decline pace slowing further.
• RKLB — PASS: RSI 31.6 (roughly flat from 31.0), now explicitly flagged collapse regime with thesis broken, -25.17% 30D (less bad than -36.95%) — still deteriorating, but the drop's pace eased notably.
• LUNR — PASS: RSI 28.0 (up slightly from 25.8), -70.67% off 52wk high — still the deepest damage in the group, though the weekly decline decelerated from the prior read.
• ASTS — PASS: RSI 35.9 (up from 34.6), -2.77% 7D (vs -21.17% last read) — the sharpest single-week drawdown in this file's history just decelerated to nearly flat.

Lead pick: Still no clean add in this complex — every name besides IRDM remains flagged collapse. IRDM stays the least-damaged chart by default. The one thing worth flagging: all four names' weekly declines decelerated together this cycle, the first sign this complex might be finding a floor rather than still accelerating lower.

Sources

• Tape data (price/RSI/SMA/returns): full-scan pre-computed summaries as of the 2026-07-24 close — *.