TickzenTickzen

SoundHound AI, Inc.(SOUN)
NASDAQ

Technical Analysis & Charts

$7.70
0.73 (10.47%)

Technical Analysis

CURRENT PRICE: $7.70 | PRIMARY TREND: TRANSITIONAL(Mixed Signals)

Multi-Timeframe Context

Short-Term (Days):Choppy
Medium-Term (Weeks):Range-bound
Long-Term (Months):Needs 200d clear

Timeframes diverge: price is range-bound. Choose strategy based on your trading horizon.

Technical Context Zones

Trend Zone:Price vs 50d: $7.23 • Price vs 200d: $11.22
Decision Zone:Support: $5.83 • Resistance: $7.97

Momentum Indicators

RSI at 66.5 is neutral. The negative MACD suggests the probability of continued downside pressure, though momentum shifts can occur.

RSI (14d)
66.5 Neutral
MACD
-0.01 Bearish

Market Mechanics: Price remains within normal deviation from 50d SMA. Trend can continue without major mean-reversion pressure.

Bollinger Bands – Position Context

Price trades in the above upper band of the bands, increasing the probability of mean-reversion or consolidation. However, strong trends can remain extended.

Note: Bands show volatility zones, not strict buy/sell signals. Confluence with volume and momentum increases reliability.

Volume Analysis – Causal Context

Trading volume increases above 20-day average. High volume without clear direction suggests institutional repositioning. Wait for breakout confirmation.

Institutional-Grade Market Analysis

Trend Strength (ADX)

21.2
Neutral
ADX between 20-25 shows transitional phase. Wait for ADX direction (rising = trend strengthening, falling = weakening) before committing.

Support/Resistance Strength

Resistance: $7.97
Strong
Distance: 3.5%
Current: $7.70
Above 50d SMA
Support: $5.83
Moderate
Distance: 24.3%
Probability Zones: Closer proximity increases bounce/rejection probability. Volume confirmation required at levels.

Market Structure

Pattern: Choppy / Range-Bound
No clear directional bias. Price oscillates between support/resistance.
Last Swing High:$7.97
Last Swing Low:$5.83
Prevents RSI-Only Traps: Structure is neutral. Wait for breakout confirmation before taking directional bias.

ADX Trend Strength - 90-Day Overlay

Threshold markers at 20 and 25 show regime changes

Current ADX: 21.2 - Transitional phase: Wait for direction

Market Structure - Swing High/Low Analysis

Visual confirmation of trend structure (90-day view)

Swing High: $7.97 | Swing Low: $5.83

Structure: Choppy / Range-Bound - No clear directional bias

Support/Resistance Probability Bands

Color intensity = strength | Distance percentages shown inline

$7.97Resistance
3.5%Strong
$7.54
-2.1%
$7.11
-7.6%
$6.69
-13.2%
$6.26
-18.7%
$5.83Support
-24.3%Strong
Instant Insight: Closer proximity = higher bounce/rejection probability. Strong zones (darker colors) require volume confirmation to break. Current price at $7.70 shows closer to resistance zone - rejection probability increases.

Technical Analysis

Advanced technical indicators for SOUN • 3M • 60 data points

Bollinger Bands

Price volatility analysis with 20-period moving average and ±2σ bands

Upper
SMA-20
Lower
Price

Trading Plan & Invalidation Rules

Bullish Scenario: If SOUN holds above $6.59 on normal or rising volume, probability of continuation toward $7.97 increases.
Bearish Scenario: If SOUN breaks below $5.83 on expanding volume (confirmation required), risk shifts toward lower historical supports. Monitor 200d SMA at $11.22 as potential floor.
Invalidation Rules:
  • Bullish thesis fails if price closes below $5.83 on volume >20-day average (indicates institutional selling).
  • Bearish thesis fails if price closes above $7.23 on volume >20-day average (indicates accumulation).
  • Monitor for volume divergence: price making new highs/lows on declining volume suggests exhaustion.

Multi-Timeframe Verdict Matrix

SHORT-TERM (Days)
Choppy
Neutral momentum—wait for clearer directional signals before committing.
MEDIUM-TERM (Weeks)
Range-bound
Price near 50d SMA—directional breakout needed. Position traders should wait for confirmation.
LONG-TERM (Months)
Needs 200d clear
Below 200d SMA suggests bear market risk. Long-term investors should avoid new positions until trend improves.
📊 Unified Recommendation
For Swing Traders (Days-Weeks): Wait for directional clarity. Breakout above $7.97 or breakdown below $5.83 needed.
For Position Traders (Weeks-Months): Range-bound—sell resistance, buy support. Breakout trade: enter above $7.97 or below $5.83 with volume.
⚠️ Important: This analysis reflects probability-based assessments, not certainties. Markets can remain irrational longer than expected. Always use stop-losses and position sizing to manage risk. Invalidation rules are critical—if thesis breaks, exit promptly.

Similar Companies

→ Find stocks in the same sector→ View sector performance→ Compare with industry peers

Analysis Tools

→ Large-cap stocks screener→ Top daily gainers→ Market overview dashboard