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.
The index has returned to the short downward trend line. If a lower peak forms, it could signal a reversal pattern. MOL: The price is supported by the rising trend line; a break below 2890 could trigger a more serious decline, possibly to the 2656 level. Richter: A positive change can be seen, as the decline was halted and the price closed above 9690, which reduces the risk of a larger decline. After the break in the downward trend line, buying opportunities may also open up. Magyar Telekom: Shows no significant direction, remains neutral, waiting for a more favorable buying signal. AutoWallis: Three weeks ago, it broke down from its narrowing movement, and in recent days, the 150 level also fell at closing. It does not currently offer a good opportunity; a more favorable buying level could be sought around 137. Opus: Returned to the buying side amid strong buying. Buys can be sought again above 531, as there is now a chance of a trend-like rise.
Despite the index's rebound, the short-term downward trend remains intact. The series of major swing lows has not changed either, so a real turning point is still pending. If a new lower peak forms, it could signal a short-term reversal pattern.
Resistance levels: 112,500; 115,563.
Support levels: 93,750; 90,625; 87,500.
The price has narrowed considerably and is currently testing the thin green trend line. If it closes below 2890, this would signal a downward trend and could retest the 2812 level, or even reach this year's low of around 2656.
Resistance levels: 3,125; 3,282; 3,438; 3,625.
Support levels: 2,890; 2,812; 2,656; 2,500.
After a strong selling day, the attempt to break down was neutralized by moderate buying power, and the return above 9690 brought the price back into a buying position. Nevertheless, the curve still does not show any outstanding opportunities, as buying volume is weak and only the concentration on the selling side has ceased. After breaking the red downward trend line, it will be better supported, and buying opportunities may also be sought. Stronger resistance is found around 10625.
Resistance levels: 10,625; 10,940; 11,250.
Support levels: 9,375; 9,065; 8,750.
The price has stabilized around 1750, taking a completely neutral position. The long, thick green upward trend is still alive. 1688 and 1781 may be the two levels from which a trend-like movement should emerge in the coming days. However, based on current activity, there does not appear to be much chance of a significant shift. The long-term upward trend line around 1625 is waiting to be tested.
Resistance levels: 1812; 1875; 1938; 2000; 2062; 2125.
Support levels: 1688; 1625; 1563; 1500.
The price, with weak intensity, broke the upward trend three weeks ago, but only closed below the 150 level in recent days. There are no buy signals yet, but trading volume is weak even in the decline. An oversold situation could bring a halt and a long entry opportunity, which could become realistic around 137. As long as the thick red trend line drawn from above remains in place, there is little chance of a trend-like rise.
Resistance levels: 162.5; 175; 187.5.
Support levels: 143; 137.5.
The relative strength of recent days has been able to break through the downward trend line, turning the curve in a long direction. From this point on, it would be possible to buy on dips. Of course, it would be important for the 531 level not to fall. Target prices can be set around the previous peak (625).
Resistance levels: 625; 656.
Support levels: 468; 437; 406.
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