SOUNDHOUND AI INC (SOUNW) Stock Technical Analysis
NASDAQ:SOUNW - Nasdaq - - Currency: USD
Taking everything into account, SOUNW scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, SOUNW has proven to be a steady performer, scoring decent points in every aspect analyzed.
SOUNW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
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 SOUNW is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month SOUNW has a been trading in the 4.01 - 7.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, SOUNW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for SOUNW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.22
6.58
5 important support areas can be observed.
- A support zone ranging from 5.31 to 5.38. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.53 from a trend line in the daily time frame.
- Support @4.39 from a trend line in the weekly time frame.
- Support @3.88 from a trend line in the weekly time frame.
- Support @3.25 from a trend line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @6.15 from a trend line in the daily time frame.
- Resistance @6.25 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 6.46 to 6.51. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for SOUNW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SOUNW is up. |
| ChartMill Relative Strength | 96.78 | POSITIVE | SOUNW has a high relative strength, it outperformed 96.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SOUNW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SOUNW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SOUNW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.89 | NEUTRAL | The RSI value for SOUNW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests SOUNW has a negative trend. |
| Stochastics (14,3) | 44.31 | NEUTRAL | The Stochastics value for SOUNW is a neutral value. |
| Average True Range in percent/ATR (20) | 11.44 | HIGH VOLATILITY | The high ATR as a percentage value for SOUNW suggests high volalility. |
| Average Directional Index/ADX (14) | 23.93 | NEUTRAL | The ADX value for SOUNW suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.16 | 5.30 | 0.86 (13.96%) | 7.16% |
| An entry @6.16. This is a Buy Stop order right above the resistance zone. | An exit @5.30. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.86 points, which is 13.96%. | For a 1.00% total portfolio risk, you can invest 7.16% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of SOUNW. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:SOUNW (7/23/2025, 6:24:10 PM)
5.73
+0.3 (+5.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.53%
1 Week0%
2 Weeks-15.74%
1 Month38.41%
3 Month32.33%
6 Month-40.25%
12 Month174.16%
2 Year1029.29%
3 Year2200.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.79
ATR(20)%11.44%
ATR Inc-23.84%
Range Today0.34
ADR(20)0.62
ADR(20)%10.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.78
Mansfield1.46
10 Day High7.01
10 Day Low5
20 Day High7.01
20 Day Low4.01
52 Week High21.5
52 Week Low1.64
CS1 End5.38
CR1 Start6.15
Volume & EV
DER(3)1.15%
DER(5)4.04%
Volume63.00K
Volume Incr9.35%
Vol(5)101.52K
Vol(50)90.28K