SOUNDHOUND AI INC-A (SOUN) Stock Technical Analysis
NASDAQ:SOUN - Nasdaq - US8361001071 - Common Stock - Currency: USD
Overall SOUN gets a technical rating of 2 out of 10. 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.
SOUN is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month SOUN has a been trading in the 8.49 - 16.30 range, which is quite wide. It is currently trading near the lows of this range.
SOUN is part of the Software industry. There are 283 other stocks in this industry. SOUN outperforms 80% of them.
SOUN has an average volume of 57624000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that SOUN is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
The technical rating of SOUN is bad and it also does not present a quality setup 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.
More info and screens
5.34
10.94
5 important support areas can be observed.
- Support @9.30 from a trend line in the daily time frame.
- Support @8.89 from a horizontal line in the daily time frame.
- Support @6.57 from a trend line in the weekly time frame.
- Support @5.56 from a trend line in the daily time frame.
- Support @5.39 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.83 to 10.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.03
Mansfield2.17
10 Day High11.66
10 Day Low8.49
20 Day High16.3
20 Day Low8.49
52 Week High24.98
52 Week Low3.5
Performance
1 Week-9.98%
2 Weeks-5.53%
1 Month-38.28%
3 Month-35.11%
6 Month123.91%
12 Month66.21%
2 Year252.9%
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)0.02
RSI(14)39.32
LBB8.61
UBB11.55
9.74
+0.19 (+1.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.99%
1 Week-9.98%
2 Weeks-5.53%
1 Month-38.28%
3 Month-35.11%
6 Month123.91%
12 Month66.21%
2 Year252.9%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.18
ATR(20)%13.97%
ATR Inc-41.13%
Range Today0.86
ADR(20)1.14
ADR(20)%11.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.03
Mansfield2.17
10 Day High11.66
10 Day Low8.49
20 Day High16.3
20 Day Low8.49
52 Week High24.98
52 Week Low3.5
CS1 End9.3
CR1 Start10.83
Volume & EV
DER(3)0.87%
DER(5)0.1%
Volume30.46M
Volume Incr-20.14%
Vol(5)40.77M
Vol(50)57.62M