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’s rally is approaching its previous peak, and so far there are no signs of a reversal. However, return potential has deteriorated significantly, which means corrections could also be larger. Silver has been setting new highs for some time with strong momentum, but it too may be nearing a major top. Oil has hit a new swing low, maintaining the downward trend. Natural gas, after reaching the expected target level, dropped sharply and is now at a support zone, which could present a buying opportunity. Copper’s advance has stalled but has not yet broken down; it needs to resume its upward move within days, otherwise a strong pullback may follow. Wheat has broken below the support at 531, targeting the 500 area next. Corn remains above its trendline and needs to move higher soon, or else a sharp correction could occur there as well.
This is the last technical analysis of the year. We wish everyone a blessed, peaceful Christmas and a Happy New Year!
The price broke upward out of the declining trend three weeks ago. This move targeted at least the previous high, and could even surpass it, as the trend-strengthening pattern suggests a potential of 4,538. On the downside, the rising trend has already moved up to 4,218, so a major trend reversal would only occur below that level.
Resistance levels: 4,296; 4,375; 4,532.
Support levels: 4,062; 3,906; 3,828; 3,750; 3,593.
The rally over the past month has formed three upward waves, which are typically followed by two corrective waves. The final stages can be extreme, so 67.19, 68.75, 71.88, and 75 are key resistance levels. Corrections could start from these points. The movement remains trend-driven, so the peak and reversal pattern are still ahead.
Resistance levels: 67.19; 68.75; 71.88; 75.
Support levels: 59.38; 57.81; 56.26; 50.
The price hit a new swing low, signaling that the downtrend is still intact. Below 56.25, a support zone clusters around the 50 level. The dominant red trendline is far away, so a trend reversal could take several weeks.
Resistance levels: 62.5; 75; 81.25.
Support levels: 56.25; 50; 43.75.
The curve gave a long exit signal early last week. The subsequent drop may target the gap left behind during the previous upward move. A strong support zone awaits near 3.9, which could be a buying opportunity.
Resistance levels: 4.690; 5.078; 5,468
Support levels: 3,906; 3.578; 3.125; 2.734; 2.344.
After breaking out of consolidation, the price reached the key level of 5.468. Below this resistance, some uncertainty is visible as the trend momentum fades and moves into sideways action. A break below 5.27 could signal a reversal. If 5.27 holds in the coming days, the chance of reaching 5.86 remains.
Resistance levels: 5.86; 6.05; 6.25.
Support levels: 4.88; 4.68; 4.49.
The price broke below the 531 level in a trend-driven move. Strong support is only around 500. A new long setup would require a break above the thick red trendline.
Resistance levels: 562; 593; 625.
Support levels: 500; 484; 468.
Recent narrow sideways movement hasn’t caused a reversal yet, but the price is testing the 437 level. If this breaks, the trend will turn down. If it holds above 437, the 468 area could be tested. Below 437, the 406 level comes into play. As long as the thick green rising trendline remains intact, the trend stays bullish.
Resistance levels: 468.6; 500; 531.2.
Support levels: 406; 375; 343.75.
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