SOUNDHOUND AI INC-A (SOUN)
US8361001071 - Common Stock
We assign a technical rating of 5 out of 10 to SOUN. SOUN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
SOUN is one of the better performing stocks in the Software industry, it outperforms 94% of 276 stocks in the same industry.
SOUN has an average volume of 69181400 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, SOUN did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
SOUN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so SOUN is lagging the market slightly.
In the last month SOUN has a been trading in the 3.50 - 5.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, SOUN does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.58
4.68
3 important support areas can be observed.
- A support zone ranging from 4.36 to 4.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.85 from a trend line in the daily time frame.
- Support @1.60 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.63 from a horizontal 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
CRS98.18
Mansfield3.67
10 Day High4.71
10 Day Low3.5
20 Day High5.8
20 Day Low3.5
52 Week High10.25
52 Week Low1.49
Performance
1 Week9.98%
2 Weeks11.36%
1 Month-12.67%
3 Month159.41%
6 Month139.67%
12 Month65.79%
2 Year-42.58%
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)0.07
RSI(14)46.81
LBB3.55
UBB4.67
SOUNDHOUND AI INC-A
NASDAQ:SOUN (5/2/2024, 3:01:39 PM)
After market: 4.49 0 (0%)4.49
+0.08 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.81%
1 Week9.98%
2 Weeks11.36%
1 Month-12.67%
3 Month159.41%
6 Month139.67%
12 Month65.79%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.43
ATR(20)%10.23%
ATR Inc
Range Today0.18
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 High4.71
10 Day Low3.5
20 Day High5.8
20 Day Low3.5
52 Week High10.25
52 Week Low1.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume13.71M
Volume Incr-21.75%
Vol(5)23.02M
Vol(50)69.18M