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.
Gold has identified a resistance zone above 4843, which could put downward pressure on its price from above. Silver has also undergone a weak correction and is beginning to turn downward from a lower peak. Oil previously broke its steep uptrend and may now retest the subsequent downtrend around 93.75. The natural gas price may still wait to reach the downtrend line, from which an upward reversal could then develop. The copper price already reached its key downtrend last week, which it is beginning to break through, opening the way for another bullish wave. Wheat and corn have reached key resistance levels; if they break through these, they could open up significant upside potential.
The curve is beginning to turn downward again following a correction. The zone above the 4843 level is considered strong resistance; even if the curve attempts to rise again, short positions are preferable above this level. A break below 4688 could open the way for a decline toward the 4375 area.
Resistance levels: 4,843; 4,923; 5,000; 5,312; 5,625; 5,938; 6,250.
Support levels: 4,375; 4,218; 4,062; 3,750.
Since the break of the main downtrend line, we have seen a minor uptrend, which, however, appears weak; it is expected to form another lower swing high. Above 75, the 93.75–100 zone is considered strong resistance. If it turns down from 81.25 and closes below 75, strong support can only be expected around 62.5 and 50.
Resistance levels: 87.5; 100; 106.25; 112.5; 121.88; 125; 128.12; 131.25.
Support levels: 62.5; 59.38; 50.
The uptrend broke a week ago, making the downtrend the dominant one. In recent days, however, it has already retested the 93.75 level, which could serve as a turning point between the long and short sides. Strong support can only be expected around the 75 level, while a break above the trend line could trigger another wave of buying. The 120 level could act as a resistance that serves as a very strong dividing line. A massive breakout could occur above it, but that is not yet on the horizon.
Resistance levels: 106.25; 112.5; 118.75.
Support levels: 75; 68.75; 62.5; 59.38; 56.25.; 50.
A decisive moment may be approaching soon. It needs 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: 2.344; 1.953.
The curve has reached the 6.04 level, which aligns with the downward trend line. Yesterday’s session appears to have broken out of the recent sideways movement. This pattern could confirm the trend, opening the door to a potential rise. The 6.63 level could be reached. A break below 6.04 would signal a failure.
Resistance levels: 6.44; 6.64; 7.03; 7.81
Support levels: 5.85; 5.66; 5.46; 5.27; 4.88; 4.68; 4.49.
It has reached the top of the narrowing range, but the price has not broken out. The 625 level is likely to act as resistance that must be overcome for a further breakout. The 562 level acts as support; a significant drop from this pattern is not anticipated. A break above the thick red trendline could open up significant upside potential, bringing price targets above 700 into play. The thick green trendline should be monitored for potential downside risk in the future.
Resistance levels: 625; 656; 688.
Support levels: 562; 531; 516; 500; 484; 468.
It would need to break through the thick red trend line for a significant rally to resume. To do so, it would need to close above the 453 level. In that case, the 500 level could also be within reach. On the downside, the 437 level serves as support; a move below this level is not expected based on the current pattern.
Resistance levels: 500; 531.2.
Support levels: 406; 390; 375; 343.75.
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