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 begun a minor correction, but it is still too early to speak of a trend reversal. MOL: Signs of a turnaround emerged last week, and the downtrend line was broken, which may have paved the way for a test of the previous significant resistance level at 4,375 forints. Richter: The stock price is currently trapped between two important levels. The direction of the breakout could provide the next meaningful trading signal. Magyar Telekom: It continues to move within a correction phase, though no concentrated selling pressure is visible at this time. Opus: The stock price is still in a downtrend, though the range has narrowed significantly. As a result, the likelihood of a stronger, trend-following move has increased. 4iG: Buying days have already appeared within the downtrend, suggesting improving sentiment; however, the real momentum needed for a sustained trend reversal is still lacking.
The rally reversed at the key natural resistance level of 143,750. A correction phase has begun. The thin green trendline would be broken at the natural level of 134,375, but it continues to rise. As long as the curve remains below the thin red downtrend line, going long does not seem like a good idea..
Resistance levels: 143,750; 150,000.
Support levels: 134,375; 131,250; 125,000.
Following the correction, an upward trend began. After closing above 3,906, the stock’s price immediately reached the expected level around 4,062, but did not reverse from there. The next resistance level is at 4,375.
Resistance levels: 4,375; 4,563; 4,750.
Support levels: 3,750; 3,438.
The price range has narrowed significantly; we may be approaching a decision point. The 12,500 resistance level could cap the decline from above, while the 11,875 support level could limit the decline from below. A breakout from this range could trigger a trading signal.
Resistance levels: 12,500; 13,125; 13,438; 13,750.
Support levels: 11,875; 10,940; 10,625; 10,313; 10,000; 9,688; 9,065; 8,750.
The stock is correcting after hitting a lower swing high, but there’s no sign of downward momentum either. Stronger support is expected around 2,500. A breakout above the red downtrend line with a strong candlestick could trigger another small uptrend.
Resistance levels: 2,734; 2,813.
Support levels: 2,500; 2,375; 2,250.
It bounced off the downtrend again at 375, but is still moving within a narrowing range. A break below the level around 344 could trigger a decline toward the previous low. If it doesn’t reach a new low, a change could occur—possibly a reversal pattern. It’s worth keeping an eye on the thin red trendline; as long as it holds, it’s not worth looking for an entry on the long side.
Resistance levels: 406; 437; 468; 500
Support levels: 343; 313; 281; 250; 218.
The downtrend is still intact, but we’re seeing some buying interest. A break above the red trend line is a possibility, since the price hasn’t reached a new low, so a long signal could even emerge. However, a reversal would require confirmatory up days accompanied by higher volume. Until that happens, the possibility of a new low remains.
Resistance levels: 2,500; 3,125; 3,750.
Support levels: 1,563; 1,250.
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