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 and silver are showing slight signs of a potential reversal within their downtrend. Momentum has slowed in the decline, which may signal an upcoming correction. The price of oil has reached an important support level, beyond which further declines are uncertain, but there are no signs of a reversal yet. Natural gas has continued to trade sideways in recent days, but this may simply be a consolidation phase. The price of copper is trending downward. As for wheat and corn, it is still worth waiting for a reversal.
The momentum divergence suggests that the downtrend is coming to an end, meaning the likelihood of opening a long position is increasing. Based on the steepness of the decline, there is a chance of a reversal; the downtrend is also far behind us, and the 4375 area could be the target for this move.
Resistance levels: 4,375; 4,688; 4,843; 4,923; 5,000.
Support levels: 3,906; 3,750.
A minor upward correction has begun, but a structural shift is still a long way off; a higher swing high would be needed for the change to begin, but for that to happen, the price would have to rise to around 70. The downtrend is still intact; if prices fall below 62.5, the 50 level could also come into play. Without a break above the red downtrend line, it is unlikely that a significant change will occur.
Resistance levels: 75; 81.25; 87.5; 93.75; 100; 106.25.
Support levels: 56.25; 53.13; 50.
Even after trend-like movements and new swing lows, there are still no signs of a reversal. If it breaks below 68.75, the path could open up toward 62.5 or 50. A quick bullish candle could keep the price within the range, with 68.75 acting as support on the downside and 93.75 as very strong resistance on the upside. If it closes below 68.75, it could target 65.63 or the 62.5 level.
Resistance levels: 93.75; 100; 118.75; 125.
Support levels: 68.75; 62.5; 59.38; 56.25.; 50.
Since breaking the downtrend, it has been in an uptrend. The sideways movement of recent weeks may also be a trend-confirming pattern that could lead to further gains. The thick green trendline is intact; it’s worth looking for buying opportunities above it. The first major resistance level is around 4.68, so there is room for further upside.
Resistance levels: 3.906; 4.688; 6.25; 7.04; 7.81.
Support levels: 2.344; 1.953.
It would need to rise above 6.25 to break the downtrend, but yesterday it bounced off that level. As long as the red trendline remains intact, going long doesn't seem like a good idea. The uptrend line is currently around 5.66; until the downtrend is broken, testing this level remains a possibility.
Resistance levels: 6.64; 6.875; ; 7.03; 7.81
Support levels: 5.66; 5.46; 5.27; 4.88; 4.68; 4.49.
After a minor correction, the price managed to close above the key support level of 562. If it can stabilize and trade sideways at current price levels, we could see good entry points for long positions later on. If it were to reach a new swing low, the opportunity for long positions would be pushed further out.
Resistance levels: 625; 656; 688; 718.
Support levels: 562; 531; 516; 500; 484; 468.
A mild turnaround has begun, as the downward trend in swing highs has been broken. For a structural shift to occur, the price would need to close above 422. A trend-like rise could then follow, breaking above the red trendline.
Resistance levels: 500; 531.2.
Support levels: 406; 390; 375; 343.75.
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