Why Is Momentus Stock Gaining Thursday?

Momentus Inc. (NASDAQ:MNTS) stock surged Thursday, benefiting from a sector-wide rally as investors rotated into space-related stocks ahead of the highly anticipated public debut of SpaceX.

The move reflects a broader “halo effect” across the space sector rather than any company-specific catalyst. The Nasdaq is up 0.75% while the S&P 500 has gained 0.07%.

Momentus Technical Analysis

From a trend perspective, MNTS is now trading 33.1% above its 20-day SMA ($11.60), 102.8% above its 50-day SMA ($7.61), and 137% above its 100-day SMA ($6.51), which is the kind of extension you typically only see during sharp squeeze-like runs. It’s also 28.5% above its 200-day SMA ($12.01), suggesting the intermediate trend has flipped up even if the longer-term picture is still mixed.

RSI is the cleaner momentum read right now: at 51.29, it’s neutral, which implies this spike is more about a fresh expansion in volatility than a market that’s already “stretched” on momentum. RSI is a quick way to gauge whether buying or selling pressure is getting overheated; here, it’s saying the move isn’t yet showing classic overbought conditions on this lens.

The moving-average structure is improving but not fully “clean” long-term: the 20-day SMA is above the 50-day SMA (bullish), while the 50-day SMA remains below the 200-day SMA (a bearish longer-term holdover). That combination often shows up in early-to-mid trend reversals where rallies can be powerful, but pullbacks can still be sharp.

• Key Resistance: $16.00 — a nearby round-number area where rebounds can stall

Zooming out, the stock is still down 38.83% over the last 12 months and remains well below its 52-week high of $43.55, even after today’s surge. The 52-week low was $3.11 (set in April), which underscores how wide the trading range has been and why position sizing and stops matter more than usual.

Price Action

MNTS Stock Price Activity: Momentus shares were up 35.98% at $15.42 at the time of publication on Thursday, according to Benzinga Pro data.

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