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.
After the correction phase, the BUX index remained above the upward trend, with a more significant decline expected only after the break in the upward trend. MOL: There was less buying pressure, leaving a gap upwards, but the downward trend would also have to be broken for further gains. Richter: At the end of the year, it managed to close above 9,690, which reduces the risk of a major decline, but there is still no sign of an upward movement at the resistance level around 10,625. Magyar Telekom: Its share price rose above 1,781, triggering a new long wave. AutoWallis: It broke its upward trend, but there were no significant sales. Currently, a more favorable buying level could be found around 137. Waberers: After a correction phase, we are seeing a significant upturn in buying, so it could reach a new peak.
The short corrective trend line was broken upwards towards the end of the year, neutralizing the possibility of a reversal. The trend is alive due to the new peak, and the series of rising swing lows has not been broken, so the long direction may remain. If the series of swing lows is broken, a reversal signal may begin.
Resistance levels: 115,563; 118,750.
Support levels: 100,000; 93,750; 90,625; 87,500.
After rapid year-end sales, the 2,812 support level held up the slight decline. An uptrend began, which should stop at the red trend line. It also left a gap upwards, which made the 2,890 level a support, so buying opportunities may be sought in declines. The target for the rise may be around 3,125, while a fall below 2,812 would be problematic.
Resistance levels: 3,125; 3,282; 3,438; 3,625.
Support levels: 2,890; 2,812; 2,656; 2,500.
After the breakout attempt was neutralized before Christmas, the subsequent rise broke the downward trend that had been determining the decline. Nevertheless, there is still no sign of serious buying power. 9,690 has become a support level, while theoretically there would be room for upward movement. Stronger resistance is found around 10,625.
Resistance levels: 10,625; 10,940; 11,250.
Support levels: 9,690; 9,375; 9,065; 8,750.
The stock price has moved up from its sideways movement around 1,750. The long, thick green upward trend is still far away, and long signals could be sought above it. With the rise in recent days, it has started another upward wave, as it was able to go above 1,781. 1,875 may also be in the cards. With risk management, it is worth following the thin green trend line. There is room for growth, so it is worth looking for buying opportunities.
Resistance levels: 1,875; 1,938; 2,000; 2,062; 2,125.
Support levels: 1,688; 1,625; 1,563; 1,500.
The price broke the upward trend earlier with weak intensity, but strong selling days did not follow. There are no buy signals yet, but trading volume is weak even during 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.
After a correction phase, it started rising again yesterday. Movement above the ideal upward trend could trigger a rising wave. As we are seeing a series of rising swing lows, a new high could also be on the cards.
Resistance levels: 5,940; 6,250.
Support levels: 5,000; 4,690.
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