Should I Buy SoundHound AI Inc Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. SOUN has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.
SOUN stock price ended at $11.02 on Monday, after rising 22.72%
The SoundHound AI Inc stock price increased by 22.72% on the last trading day (12 May 2025), rising from 9.53 to 11.02. Throughout the last trading session, the stock experienced a fluctuation of 17.73% , ranging from a day low of $9.53 to a day high of 11.22. The price has declined in 6 of the last 10 days, resulting in a total change of 13.14% during this period. On the last day, trading volume decrease by 47.61M shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 91.03M shares were traded, amounting to approximately 967.38M.
SOUN Technical Signals
SOUN(SoundHound AI Inc Corp) has 10 buy signals and 2 sell signals now. The current trend is consolidation starting from 2025-05-06. The total price change during this trend is +18.90%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of SOUN over the last 5 trading days is 352.94M. Overall, the technical indicator signals lean more toward a Bullish outlook in the mid-term.
SOUN Moving Average Analysis
SoundHound AI Inc's overall moving average trend leans more bullish as of Tuesday, May 13, 2025, with 1 negative signals and 3 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $11.331243333333333, and $12.286243333333333. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $8.241243333333333, and $7.286243333333333. A break-down below any of these levels will issue sell signals.
SOUN Short Selling Analysis
The short sale ratio of SoundHound AI Inc(SOUN) as of 09 May 2025 is 28.67%, rising from last trading day. With increasing price from 9.74 to 8.98. The short sell activity indicate that short sellers may be anticipating further declines.
Technical Signal
Technical Signals Summary
Sell
2
Buy
10
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
PositiveSMA_5 Above SMA_20
Mid Term
NegativeSMA_20 Below SMA_60
Long Term
PositiveSMA_60 Above SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
10 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
0.773
Bullish
Momentum (10 days)
MOM_10 > 0
1.127
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.228
Bullish
Closing price
close > fibonacci_R1
10.867
Bullish
Moving Average
Price crosses above 5-day SMA
--
Bullish
Moving Average
Price crosses above 10-day SMA
--
Bullish
Moving Average
Price crosses above 60-day SMA
--
Bullish
Moving Average
Price crosses above 200-day SMA
--
Bullish
Moving Average
5-day SMA crosses above 10-day SMA
--
Bullish
Moving Average
5-day SMA crosses above 60-day SMA
--
Bullish
2 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
166.025
Bearish
Williams %R (14 days)
WILLR_14 > -20
-13.08
Bearish
SOUN Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to SoundHound AI Inc(SOUN), our algorithm predicts SOUN's 1-month price at $9.83, with an 9.46%upwardshift. Using a similarity score up to 93.44%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for SoundHound AI Inc (SOUN.O) stock, as of Sunday, May 11, 2025 , forecasts a 9.46% change over the next month, based on its high correlation with DAN.N stock patterns. The similarity between their price movements over the analyzed periods is 93.44%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
SOUN
No Data
DAN
Up: 9.46%Similarity: 93.44%
Name
Similarity
Up/Down
DAN.N
93.44%
+9.46%
PAMT.O
92.45%
+5.40%
SOUN Seasonality Analysis
Based on SOUN's historical stock price data across all years, the probability of a positive return in May is66.67%, suggesting it maybe an ideal month to invest in SOUN. In contrast,Februaryoffers the highest probability of positive returns at66.67%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying SoundHound AI Inc (SOUN.O) stock in February has the highest probability of a positive return (66.67%), while March has the lowest probability (0.00%).
Performance Seasonality
The chart shows SoundHound AI Inc. (SOUN)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
People Also Watch
FAQ
Should I buy SoundHound AI Inc (SOUN.O) stock?
Which months have the highest win rate for buying SoundHound AI Inc (SOUN.O) stock in a year?
How has SoundHound AI Inc. (SOUN)'s stock price performed over the past three years?
Which bull technical signals does SOUN have?
Which bearish technical signals does SOUN have?
Is SOUN a buy based on overall technical signals summary?
What is the trend of SoundHound AI Inc (SOUN)'s moving average?
What is price prediction for SOUN stock next month?
What is price prediction 2025 for SOUN Stock?