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 price movements of the two precious metals have narrowed, which could lead to a breakout within days. If this means a break in the upward trend lines, it could even be interpreted as a short signal. After a significant rally, oil retested its previous breakout level, from which new upward waves could start. Copper is also moving in a narrow channel, from which a stronger move can be expected. The price of wheat has become overbought, so it may return to its upward trend with a correction. Corn continues to trend upward, with minor fluctuations, but still at an attractive buying level.
After testing the downward trend line, a downward turning pattern is beginning to emerge. Despite the recent rise, there is only a chance of a lower peak if there is a large red candle today. A few days ago, it marked important swing lows at 5000, and if it breaks through this, it could be interpreted as a strong sell signal.
Resistance levels: 5,312; 5,625; 5,938; 6,250.
Support levels: 4,843; 4,688; 4,531; 4,375; 4,062.
It is very narrow, characterized by increasingly higher swing lows and lower highs. This could lead to a trend shift within days. If it moves downward, there could be a drop of $20-25 to around the low point in early February. A break below the thick green trend line could therefore be a signal to short. There is strong support in the 56.25-62.5 zone.
Resistance levels: 100; 106.25; 112.5; 121.88; 125; 128.12; 131.25.
Support levels: 68.75; 62.5; 59.38; 50.
Since it broke through the 75 level last week, this level is now a support level and a good place to look for buying opportunities. Since 120 was the ceiling, the correction trend line should be viewed from there. In fact, it could easily return to around 100, testing the downward trend line.
Resistance levels: 100; 106.25; 112.5.
Support levels: 75; 68.75; 62.5; 59.38; 56.25.; 50.
A slight increase can be seen, but until it rises above the jagged red trend line, there is little chance of a significant upward trend. The 3.125 level is important and could provide support later on. Stronger resistance can be expected around 4.68.
Resistance levels: 3.906; 4.688; 6.25; 7.04; 7.81.
Support levels: 2.734; 2.344.
It is stuck in a range with a bottom at 5.46 and a top at 6.04. A shift is expected soon, as the price is approaching the downward trend line. As long as it remains below the thin red trend line, a long wave will not be able to start.
Resistance levels: 6.64; 7.03; 7.81
Support levels: 5.66; 5.47; 5.27; 4.88; 4.68; 4.49.
This commodity is also likely to have reached its target price of 625. There is strong support at 562, but a retest of around 546 could also be on the cards. The final risk should be managed with the thick green trend line later on.
Resistance levels: 593; 625.
Support levels: 531; 516; 500; 484; 468.
It is on an upward trend, with the first target achieved at the 468 level. It is worth following the thick green trend line. As long as this remains in place, a serious decline is unlikely.
Resistance levels: 468.6; 500; 531.2.
Support levels: 406; 390; 375; 343.75.
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