In recent years, artificial intelligence has become one of the most important topics in the technology sector. While much of the attention is focused on model developers and companies providing infrastructure, the long-term winners in this technology may also emerge on the application side. The interactive media segment is particularly interesting from this perspective, as the business models of companies operating in this field rely heavily on monetizing user attention and producing digital content. In the second part of our industry analysis series, we review current trends and potential catalysts affecting search engines and social media platforms.
European stock markets are currently outperforming their U.S. counterparts, and thanks to the gains of the past few days, our screenings have identified a number of interesting stocks. Among these, we have highlighted stocks that have recently shown signs of a structural turnaround, while strengthening buying pressure is also supporting the positive technical picture. One such company is Germany’s Nemetschek, a leading provider of construction and architectural design software. The other is the Dutch firm Wolters Kluwer, which offers professional information, software, and specialized database solutions. For both stocks, the search for long entry opportunities may have begun.
Gold broke through its corrective trend a week ago and started another upward wave. In the short term, another correction may follow, but the longer-term upward trend is not in danger for the time being. Silver also began a hyperbolic rise last week, but a peak and then a correction may follow in the coming days. The price of oil broke out of its narrow range, but only moderate buying interest pulled it out of its prolonged weakness. If it manages to hold the 59.38 level in the coming days, the door may open for a trend reversal. Natural gas has returned to the buying zone, but a reversal pattern has not yet begun to form. Copper's rise has reached the previously calculated level, but there are no signs of a reversal here either. Wheat is moving within a narrow range; if it loses the 500 support level, this could result in a particularly unfavorable technical picture. The corn price has broken through the 437 level, so it is highly likely that the 406 support level will be tested next.
Last week, it broke the short downward trend. Above 4531, 4688 or 4843 may be achievable. The main upward trend is alive, and breaking it is not yet on the agenda. Support may already be above 4375, so the level that could cause a break in the trend today will be higher and higher. The 4375 level could be the watershed between the long and short sides, but this is not currently relevant.
Resistance levels: 4688; 4766; 4843.
Support levels: 4,375; 4,062; 3,906; 3,828; 3,750; 3,593.
The hyperbolic rise pushed the curve to even more extreme heights. Hyperbolic rises are usually followed by sharp corrections. Currently, 93.75 or 100 could be resistance, while 81.25 could be support.
Resistance levels: 81,25; 87,5.
Support levels: 71,88; 68,75; 62,5; 59.38.
The change has taken place, it has turned around from the 56.25 level, and the upward trend that has begun may have a chance to break the downward trend. The extent and nature of the retests can help to assess when and how much upside potential there may be. However, until it breaks through the thin red trend line around 62.5, we cannot rule out the possibility that it will retest the 56.25 level or even fall below it. It would be a good sign for longs if it did not fall back below 59.38 in the coming days, as this would indicate some relative strength.
Resistance levels: 62.5; 75; 81.25.
Support levels: 59,38; 56,25.; 50; 43,75; 37,5.
The correction has reached the previous breakout point, which could also be a buying opportunity. No reversal is visible yet, but if it does not start at the current price (3.125), the buying opportunity may be delayed further. Strong support could be found again at 2.734.
Resistance levels: 4.690; 5.078; 5,468
Support levels: 3.125; 2.734; 2.344.
The target price of 6.04 was reached, but the curve has not yet shown any reversal pattern. A slight momentum decline has appeared, with a visible decrease in strength, but no reversal yet. A correction could find support at the 5.47 level. If it continues, only a break in the series of rising swing lows could be a sign of a reversal.
Resistance levels: 6.25; 6.45.
Support levels: 5.47; 4.88; 4.68; 4.49.
It is moving sideways between the 500 and 531 levels. A new long situation can only start again above the thick red trend line. The 562 level could be the target in the event of a trend break. However, a break below 500 would be problematic and could open up room for downward movement.
Resistance levels: 562; 593; 625.
Support levels: 500; 484; 468.
It broke through the 437 level, which is considered a strong sell signal. Until it rises above the red downward trend line, a long trend will not be able to develop. Below, 406 could be a support level.
Resistance levels: 468.6; 500; 531.2.
Support levels: 406; 375; 343.75.
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