Ouster, Inc. (NASDAQ:OUST) stock traded higher Tuesday, following news that mobility operating system leader Econolite won a multimillion-dollar expansion contract from the Utah Department of Transportation (UDOT).

Statewide Intersection Expansion

Econolite will deploy Ouster BlueCity traffic management solutions across an additional 160 intersections statewide.

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The new agreement builds on a 2025 contract covering over 100 intersections, bringing UDOT’s total contracted footprint to nearly 300 deployments.

The expansion integrates Ouster’s OS1 Max Rev8 digital lidar sensor. The technology provides up to 500-foot advance detection alongside native color lidar capabilities, capturing color data and 3D depth to create digital traffic twins.

Ouster Stock: Key Technical Levels To Watch

Ouster is trading above all its key moving averages, sitting about 17% above the 20-day SMA ($39.17) and about 58% above the 200-day SMA ($29.06), which keeps the longer-term trend pointed higher. The catch is the 20-day SMA remains below the 50-day SMA ($42.63), a reminder that the most recent pullback hasn’t fully reset into a clean short-term uptrend.

For momentum, MACD is the cleaner read right now: it’s above its signal line and the histogram is positive, which suggests downside pressure is easing and momentum is improving versus the prior downswing.

The bigger-picture trend improved with the golden cross in May (50-day SMA above the 200-day SMA), and the stock later pushed to a 52-week high in June before cooling off. From here, traders will often watch whether the current rebound can build a higher low above the 50-day area and then challenge the next overhead supply zone.

  • Key Resistance: $49.50 — a nearby pivot/round-number area where rebounds can stall if sellers defend the upper-$40s
  • Key Support: $39 — a prior buyer step-in zone that also sits near the stock’s short-term trend area (around the 20-day SMA)

OUST Price Action: Ouster shares were up 9.09% to $45.96 at the time of publication on Tuesday, according to Benzinga Pro data.

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