SPCX: $145 support and $155 breakout define the next move

Space Exploration Technologies (NASDAQ: SPCX) | Daily chart | September 10, 2026

View: neutral until price confirms either side of the current range. Horizon: 1–3 weeks. SPCX closed September 9 at $147.55, down 3.86%, after trading between $145.55 and $153.00. The prior session reached $155.00, making that level the clearest near-term breakout test.

Chart reading

The blue line is the 20-day simple moving average and the lower panel is RSI(14), both based on closing prices. Price has recovered sharply from the early-August low and remains above a rising 20-day average, so the short-term structure is constructive. RSI is around the low 60s: momentum is positive, but the failed push through $155 shows that buyers have not secured a breakout.

Key levels

Green $145.14: the September 8 low and first range support. September 9 briefly traded close to this level before recovering. A daily close below it would weaken the higher-low sequence.

Red $155.00: the September 8 high and breakout trigger. A daily close above $155, followed by a successful retest, would confirm that supply near the recent highs has been absorbed.

Bullish scenario

Wait for a daily close above $155 and a retest that holds roughly $152–155. An illustrative entry at $155 with a stop at $147 risks $8 per share. The first objective is $171–172, near the late-June/early-July resistance zone, giving about 2R before costs. If price accelerates without a retest, avoid chasing and reassess after a new base forms.

Bearish scenario

A daily close below $145.14 would invalidate the immediate breakout setup and expose $138–140, followed by the $130–133 area. Traders considering a short should wait for a failed retest of $145 rather than selling directly into support.

Risk context

SPCX has a short public trading history and has shown unusually wide daily ranges, including double-digit percentage moves. Position size should reflect that volatility. Gaps and slippage can exceed a planned stop. The technical levels define a scenario, not a prediction.

Daily prices: https://stockanalysis.com/stocks/spcx/history/

Company and chart data: https://www.metatrader.com/en/symbols/nasdaq/spcx

Indicators and annotations: MetaTrader. Educational market analysis, not personalized investment advice.