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blue-chip

One NASDAQ: Listed Artificial Intelligence Stock at Resistance Level: SoundHound AI Inc

Oct 16, 2024 | Team Kalkine
One NASDAQ: Listed Artificial Intelligence Stock at Resistance Level: SoundHound AI Inc

SoundHound AI Inc

Company Overview: SoundHound AI, Inc. (NASDAQ: SOUN) engages in the development, owning, and commercialization of voice, sound, and natural language artificial intelligence technologies and related activities.

As per our previous US Daily Report published on ‘SOUN’ on 19th September 2024, Kalkine provided an ‘Buy’ stance on the stock at USD 4.85 based on decent fundamentals, improved shareholders return, associated risks, improved topline financials, increased avg. deposit and current valuation and the stock price has now moved by ~9.69% since then and has closed towards resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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