SOUNDHOUND AI INC-A (SOUN)

US8361001071 - Common Stock

8.25  +1.27 (+18.19%)

After market: 8.2599 +0.01 (+0.12%)

Technical Rating and Analysis

10

Taking everything into account, SOUN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, SOUN has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that SOUN is one of the better performing stocks in the market, outperforming 98% of all 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 279 other stocks in this industry. SOUN outperforms 95% of them.
SOUN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so SOUN is lagging the market slightly.
In the last month SOUN has a been trading in the 4.97 - 8.49 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
SOUN has an average volume of 28332500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
SOUN Weekly chart
SOUN Daily chart
Setup Rating and Analysis

1

Although SOUN has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

4.74

8.33

We found 4 important support areas.

  • Support @6.58 from a trend line in the daily time frame.
  • A support zone ranging from 5.43 to 5.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @5.29 from a trend line in the weekly time frame.
  • Support @4.79 from a trend line in the weekly 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
CRS98.67
Mansfield6.56
10 Day High8.49
10 Day Low5.97
20 Day High8.49
20 Day Low4.97
52 Week High10.25
52 Week Low1.62
Performance
1 Week29.72%
2 Weeks14.58%
1 Month59.27%
3 Month64.02%
6 Month63.04%
12 Month281.94%
2 Year544.53%
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)0.09
RSI(14)68.95
LBB5.2
UBB8.25
SOUN Daily chart

SOUNDHOUND AI INC-A

NASDAQ:SOUN (11/22/2024, 8:05:49 PM)

After market: 8.2599 +0.01 (+0.12%)

8.25

+1.27 (+18.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg18.19%
1 Week29.72%
2 Weeks14.58%
1 Month59.27%
3 Month64.02%
6 Month63.04%
12 Month281.94%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.83
ATR(20)%8.73%
ATR Inc
Range Today1.31
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.49
10 Day Low5.97
20 Day High8.49
20 Day Low4.97
52 Week High10.25
52 Week Low1.62
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume107.91M
Volume Incr50.97%
Vol(5)56.02M
Vol(50)28.33M