Will soun continue to go up Monday July 15th

SoundHound AI's stock (SOUN) experienced a significant uptick on July 11, 2024, with a 22.5% jump to close at $5.07. This surge can be attributed to notable volume and the company's growing demand for its conversational AI platform. The stock's technical indicators also reflect a bullish sentiment, with a high relative strength index (RSI) of 90.23 and a KDJ indicator of 90.37, both of which suggest strong upward momentum.

1. Recent Performance: The stock's recent performance has been robust, with a 15.48% increase over the past two weeks. This positive trend is bolstered by SoundHound AI's strategic partnerships and market expansion, particularly in the automotive and IoT segments.
2. Technical Indicators: The stock's technical indicators are highly bullish, with an RSI at 90.23, indicating it is overbought. The KDJ indicator is also very high at 90.37, which typically signals an oversold condition but can also suggest a potential reversal if the stock is already overbought.
3. Market Sentiment: The market sentiment is positive, with a bullish outlook based on technical analysis. However, the high RSI and KDJ values suggest caution, as they indicate that the stock may be overbought and could face a potential pullback if the market sentiment shifts.
4. Upcoming Events: SoundHound AI has several upcoming events, including earnings releases and industry conferences. These events could influence investor sentiment and potentially impact the stock's price.

In conclusion, while SoundHound AI's stock has shown strong upward momentum and positive technical indicators, the high RSI and KDJ values suggest that it may be overbought. The stock's future performance will likely depend on market sentiment, investor expectations, and the company's ability to meet its financial targets. Given these factors, it is difficult to make a definitive prediction about whether the stock will continue to go up on Monday, July 15th. Investors should closely monitor market conditions and company developments to make informed decisions.