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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
SoundHound AI, Inc. - Warrant (NASDAQ:SOUNW)
Sidelines Mode (-50) - SOUNW is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until SOUNW can gain momentum.
Is it time to buy, sell, or avoid SOUNW?
MarketClub looks at technical strength and momentum to determine if the timing is right for SOUNW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SOUNW
The long-term trend has been UP since Jan 2nd, 2024 at 0.374501
The intermediate-term trend has been DOWN since Apr 10th, 2024 at 2.420000
The short-term trend has been DOWN since May 8th, 2024 at 2.250000
Smart Scan Analysis for SOUNW
Based on our trend formula, SOUNW is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.39 | 2.44 | 2.18 | 2.25 | -0.07 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.25 | 75391 | 2024-05-08 15:58:00 |
| 52wk High | 5.98 | 52wk High Date | 2024-03-14 |
| 52wk Low | 0.19 | 52wk Low Date | 2023-11-15 |
| Average Volume | 135,818 | Assets | 151,122,000M |
| Liabilities | 122,954,000M |