preparing for lift-off with Bullish flag formation on SPACE42? Traders, take a look at this beauty unfolding on SPACE42's daily chart 👀
After a powerful upward thrust — a textbook "flagpole" — price action has been gently coiling down within a tight parallel channel. This classic **bull flag** pattern suggests we might just be seeing a pause before the next
SPACE42 PLC
No trades
No trades
−0.08 AED
−306.35 M AED
2.12 B AED
1.02 B
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Company info
Sector
Industry
CEO
Karim Michel Sabbagh
Website
Headquarters
Abu Dhabi
Founded
2022
IPO date
Oct 31, 2022
ISIN
AEE01122B228
FIGI
BBG01B7671D9
Identifiers
ISIN AEE01122B228
Space42 Plc is an AI-powered SpaceTech company that integrates satellite communications, geospatial analytics and artificial intelligence capabilities to enlighten the Earth from space. It operates through the following business segments: Space Services and Smart Solutions. The Space Services segment focuses on focuses on upstream satellite operations for both fixed and mobility satellite services. The Smart Solutions segment integrates geospatial data acquisition and processing with AI to inform decision-making, enhance situational awareness, and improve operational efficiency. The company was founded on November 28, 2022 and is headquartered in Abu Dhabi, the United Arab Emirates.
Wedge Watch: SPACE42 Poised for Liftoff from Falling Orbit?
➤ 📈 RECOMMENDATION: BUY (Speculative)
➤ 🔍 REASONING:
📉 Chart Pattern: This is a falling wedge — a classic bullish pattern often seen at the end of a downtrend.
🚀 Bullish Signal: A breakout above the upper wedge line 📈 typically signals the start of an **uptrend**.
📊 Volume: Look for increasi
Updated Technical Analysis: Space42 PLC Daily CharThe daily chart of Space42 PLC is showing a strong bullish breakout from a long-term downtrend.
Key Observations:
Price Breakout: The price has decisively broken above the resistance at 1.78 AED, which was a key ceiling for several months.
Retest and Confirmation: There was a brief throwback t
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Neutral
Neutral
Neutral
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Neutral
Neutral
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently asked questions
The current price of SPACE42 is 2.23 AED — it has increased by 1.83% in the past 24 hours. Watch SPACE42 PLC stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ADX exchange SPACE42 PLC stocks are traded under the ticker SPACE42.
SPACE42 stock hasn't changed in a week, the month change is a 6.19% rise, over the last year SPACE42 PLC has showed a 21.20% increase.
We've gathered analysts' opinions on SPACE42 PLC future price: according to them, SPACE42 price has a max estimate of 4.11 AED and a min estimate of 3.51 AED. Watch SPACE42 chart and read a more detailed SPACE42 PLC stock forecast: see what analysts think of SPACE42 PLC and suggest that you do with its stocks.
SPACE42 reached its all-time high on Nov 16, 2022 with the price of 6.24 AED, and its all-time low was 1.29 AED and was reached on Mar 24, 2026. View more price dynamics on SPACE42 chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
SPACE42 stock is 3.23% volatile and has beta coefficient of 0.64. Track SPACE42 PLC stock price on the chart and check out the list of the most volatile stocks — is SPACE42 PLC there?
Today SPACE42 PLC has the market capitalization of 10.43 B, it has decreased by −2.20% over the last week.
Yes, you can track SPACE42 PLC financials in yearly and quarterly reports right on TradingView.
SPACE42 PLC is going to release the next earnings report on Nov 11, 2026. Keep track of upcoming events with our Earnings Calendar.
SPACE42 net income for the last quarter is 50.08 M AED, while the quarter before that showed 17.03 M AED of net income which accounts for 0.00% change. Track more SPACE42 PLC financial stats to get the full picture.
No, SPACE42 doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SPACE42 PLC EBITDA is 406.90 M AED, and current EBITDA margin is 14.24%. See more stats in SPACE42 PLC financial statements.
Like other stocks, SPACE42 shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SPACE42 PLC stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SPACE42 PLC technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SPACE42 PLC stock shows the buy signal. See more of SPACE42 PLC technicals for a more comprehensive analysis.


