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 prices of the two precious metals have undergone a sharp correction and reached the levels that were expected at a minimum. If they turn downward from here, the bigger picture will not change: price curves will continue to be defined by a fundamentally downward trend. Oil has turned downward again and is currently testing its upward trend line. Strong selling pressure was observed during yesterday’s trading, suggesting that the uptrend appears to be running out of steam. The natural gas price may still wait to reach the downtrend line, from which an upward reversal could subsequently develop. Copper has reached the expected correction level, from which an upward move has begun. Price movements in wheat and corn can be viewed as a minor correction or consolidation for now, as long as key support levels remain intact.
The correction retested the 4,843 level, from which the curve turned downward. This can be considered a perfect retest so far. It should turn downward from here and head toward the previous low.
Resistance levels: 4,843; 5,000; 5,312; 5,625; 5,938; 6,250.
Support levels: 4,375; 4,218; 4,062; 3,750.
A breakout of the main downtrend line would be successful if the price closes above 75 or if we see a genuine strong bullish candle. Support is found around 62.5, while the 93.75–100 zone is considered strong resistance. There is a very strong level around 50. If a strong bearish candle appears tomorrow, the zone below 62.5 could be tested. If it does close above 75, a correction of the decline could follow, but only to the extent of a lower high below 87.5.
Resistance levels: 87.5; 100; 106.25; 112.5; 121.88; 125; 128.12; 131.25.
Support levels: 62.5; 59.38; 50.
Upon news of the strait’s opening, the price plummeted, falling right down to the rising trend line. This drop, however, may be enough to trigger a correction phase. Even if we see some rebound above the trend line, a break in the trend could still occur soon. Strong support would only be tested around the 75 level.
Resistance levels: 106.25; 112.5; 118.75.
Support levels: 75; 68.75; 62.5; 59.38; 56.25.; 50.
It would need to close above the 3.125 level for a buy signal to be triggered. The curve may test the dotted downtrend line, and a break above it could trigger an upward move. Stronger resistance is expected around 4.68.
Resistance levels: 3.906; 4.688; 6.25; 7.04; 7.81.
Support levels: 2.734; 2.344.
The curve has reversed from the 5.27 level, so a break in the downtrend could lead to a slight rise, but this pattern does not suggest a new high. It may target the thick red trend line around 6.04; there is currently no indication of a much higher probability.
Resistance levels: 6.04; 6.25; 6.64; 7.03; 7.81
Support levels: 5.27; 4.88; 4.68; 4.49.
The 625 level is likely to act as resistance that must be overcome for a further breakout. The 562 level serves as support, and this chart does not indicate any significant decline from there. It is advisable to monitor the thick green trendline for potential risks going forward.
Resistance levels: 625; 656; 688.
Support levels: 562; 531; 516; 500; 484; 468.
The price action has begun to test the uptrend, which could lead to a minor pullback but is unlikely to result in a sustained decline. It would need to break through the thick red trend line for a significant rally to resume, in which case the 500 level would be within reach again. Below that, the 437 level serves as support; a drop below this is not expected based on the current pattern.
Resistance levels: 468.6; 500; 531.2.
Support levels: 406; 390; 375; 343.75.
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