SOUNDHOUND AI INC-A (SOUN) Stock Technical Analysis
NASDAQ:SOUN - Nasdaq - US8361001071 - Common Stock - Currency: USD
We assign a technical rating of 4 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.
SOUN is currently trading in the lower part 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.
In the last month SOUN has a been trading in the 9.01 - 11.59 range, which is quite wide. It is currently trading near the lows of this range.
SOUN is one of the better performing stocks in the Software industry, it outperforms 90% of 284 stocks in the same industry.
SOUN has an average volume of 29809800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
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 7 months ago.
Although the technical rating is only medium, SOUN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.09, a Stop Loss order could be placed below this zone.
More info and screens
7.60
10.47
5 important support areas can be observed.
- A support zone ranging from 9.09 to 9.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.41 from a trend line in the weekly time frame.
- Support @8.18 from a trend line in the daily time frame.
- Support @7.85 from a trend line in the weekly time frame.
- Support @7.68 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.69 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.12 to 10.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.37 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SOUN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SOUN is neutral. |
| ChartMill Relative Strength | 95.83 | POSITIVE | SOUN has a high relative strength, it outperformed 95.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SOUN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SOUN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of SOUN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.45 | NEUTRAL | The RSI value for SOUN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests SOUN has a negative trend. |
| Stochastics (14,3) | 14.6 | OVERSOLD | The low Stochastics value suggests SOUN may be oversold. |
| Average True Range in percent/ATR (20) | 7.12 | HIGH VOLATILITY | The high ATR as a percentage value for SOUN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.15 | NEGATIVE | The low ADX value for SOUN suggests a weak or negative trend. |
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)
NASDAQ:SOUN (6/18/2025, 10:06:06 AM)
9.325
-0.02 (-0.16%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.16%
1 Week-4.6%
2 Weeks-5.94%
1 Month-9.06%
3 Month-5.27%
6 Month-57.07%
12 Month133.5%
2 Year105.28%
3 Year248.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%7.12%
ATR Inc-2.87%
Range Today0.21
ADR(20)0.62
ADR(20)%6.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.83
Mansfield-0.11
10 Day High10.51
10 Day Low9.01
20 Day High11.59
20 Day Low9.01
52 Week High24.98
52 Week Low3.82
CS1 End9.09
CR1 Start9.69
Volume & EV
DER(3)-0.18%
DER(5)-2.82%
Volume3.43M
Volume Incr-26.2%
Vol(5)25.76M
Vol(50)29.81M