Logo image of SOUN

SOUNDHOUND AI INC-A (SOUN) Stock Technical Analysis

NASDAQ:SOUN - Nasdaq - US8361001071 - Common Stock - Currency: USD

15.71  +1.47 (+10.32%)

Premarket: 15.72 +0.01 (+0.06%)

Technical Rating and Analysis

9

Overall SOUN gets a technical rating of 9 out of 10. In the last year, SOUN was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month SOUN has a been trading in the 12.41 - 22.85 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, SOUN did better than 99% of all other stocks. On top of that, SOUN also shows a nice and consistent pattern of rising prices.
SOUN is part of the Software industry. There are 284 other stocks in this industry. SOUN outperforms 98% of them.
SOUN has an average volume of 79794700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SOUN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SOUN is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SOUNDHOUND AI INC-A / SOUN Weekly stock chart
SOUNDHOUND AI INC-A / SOUN Daily stock chart
Setup Rating and Analysis

4

SOUN has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

13.49

16.69

4 important support areas can be observed.

  • A support zone ranging from 14.90 to 15.13. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 14.33 to 14.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @13.98 from a horizontal line in the daily time frame.
  • Support @13.63 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • Resistance @16.52 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.34
Mansfield9.65
10 Day High17.65
10 Day Low12.71
20 Day High22.85
20 Day Low12.41
52 Week High24.98
52 Week Low2.08
Performance
1 Week10.4%
2 Weeks-4.9%
1 Month-23.81%
3 Month118.19%
6 Month222.59%
12 Month595.13%
2 Year425.42%
3 YearN/A
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)-0.12
RSI(14)51.88
LBB12.67
UBB16.9
SOUNDHOUND AI INC-A / SOUN Daily stock chart

SOUNDHOUND AI INC-A

NASDAQ:SOUN (2/4/2025, 8:08:37 PM)

Premarket: 15.72 +0.01 (+0.06%)

15.71

+1.47 (+10.32%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg10.32%
1 Week10.4%
2 Weeks-4.9%
1 Month-23.81%
3 Month118.19%
6 Month222.59%
12 Month595.13%
2 Year425.42%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.61
ATR(20)%11.9%
ATR Inc8.63%
Range Today1.39
ADR(20)1.71
ADR(20)%10.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.34
Mansfield9.65
10 Day High17.65
10 Day Low12.71
20 Day High22.85
20 Day Low12.41
52 Week High24.98
52 Week Low2.08
CS1 End15.13
CR1 Start16.52
Volume & EV
DER(3)2.19%
DER(5)-0.46%
Volume52.81M
Volume Incr-45.14%
Vol(5)36.61M
Vol(50)79.79M