SOUNDHOUND AI INC-A (SOUN) Stock Technical Analysis
NASDAQ:SOUN - Nasdaq - US8361001071 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to SOUN. Although SOUN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
SOUN is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so SOUN is not an exception.
In the last month SOUN has a been trading in the 6.52 - 10.52 range, which is quite wide. It is currently trading near the lows of this range.
SOUN is part of the Software industry. There are 285 other stocks in this industry. SOUN outperforms 92% of them.
SOUN has an average volume of 35578900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that SOUN is one of the better performing stocks in the market, outperforming 95% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, SOUN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.33, a Stop Loss order could be placed below this zone.
More info and screens
5.57
9.84
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.31 to 7.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.09 to 7.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @5.63 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.88 to 7.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.84 from a horizontal line in the daily time frame.
- Resistance @9.74 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.62
Mansfield0.27
10 Day High8.87
10 Day Low6.52
20 Day High10.52
20 Day Low6.52
52 Week High24.98
52 Week Low3.5
Performance
1 Week-4.63%
2 Weeks-5.78%
1 Month-18.46%
3 Month-42.67%
6 Month42.18%
12 Month120.28%
2 Year193.99%
3 Year20.31%
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.08
RSI(14)41.72
LBB7.15
UBB8.94
NASDAQ:SOUN (4/21/2025, 2:40:08 PM)
7.405
-0.41 (-5.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.31%
1 Week-4.63%
2 Weeks-5.78%
1 Month-18.46%
3 Month-42.67%
6 Month42.18%
12 Month120.28%
2 Year193.99%
3 Year20.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.96
ATR(20)%11.03%
ATR Inc-41.02%
Range Today0.44
ADR(20)0.78
ADR(20)%10.51%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.62
Mansfield0.27
10 Day High8.87
10 Day Low6.52
20 Day High10.52
20 Day Low6.52
52 Week High24.98
52 Week Low3.5
CS1 End7.33
CR1 Start7.88
Volume & EV
DER(3)0.91%
DER(5)0.67%
Volume11.98M
Volume Incr-35.93%
Vol(5)16.50M
Vol(50)35.58M