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 correction that began two weeks ago may have come to an end last Thursday, and the indices are once again moving upward with positive momentum, aiming for the recently reached highs. The coming days will reveal whether they can climb to new records or if their strength will only be enough to form lower peaks. The higher they climb, the more likely it is that patterns signaling a sustained turnaround will emerge.
The selling wave that began in recent days reversed on Thursday, and the index started to rise again. Of course, the question at this point is whether the index will hit a lower swing high or reach a new all-time high, thereby delaying the possibility of a reversal. We must therefore wait for a significant break in the rising green trend line; a trend-like decline may only unfold later.
Resistance levels: 7,656; 7,813.
Support levels: 6,875; 6,563; 6,250; 5,937; 5,781; 5,625.
The two corrective waves have run their course, and the price has turned upward again, remaining above the uptrend. The question here is whether the latest upward wave will stay below the thick red trendline—thereby forming a lower high—or whether the index will break out to a new high, further driving a long-term reversal. The 28,125 level is a key support; a break below this could trigger a more significant decline. On the upside, a lower high is expected, but if the red trend line is broken, the 31,250 area could also be reached.
Resistance levels: 30,469; 31,250.
Support levels: 28,125; 26,562; 26,172; 25,781; 25,000.
After the uptrend broke down, the decline was minimal, and the 2,812 level was not breached at the close. However, the rally that began on Thursday has already pushed this index to a new swing high, thereby delaying the possibility of a reversal. Since a new swing high has been reached, the shift to a downtrend has not yet occurred and is postponed to a later date. 2,969 can be noted as an important technical resistance level, which has already been reached. A break of the new thick green trendline could trigger another downtrend.
Resistance levels: 2,968; 3,125.
Support levels: 2,813; 2,734; 2,656; 2,578; 2,500.
This index has performed significantly weaker in recent weeks. On Friday, it rose slightly, but since there is also a gap on the downside, closing that gap could pave the way toward the high. To do so, it would need to rise above 25,000, which could also break the downtrend.
Resistance levels: 25,000; 25,781.
Support levels: 22,656; 21,875; 21,093; 20,313.
The rising green trendline has managed to push the price higher without breaking the trendline. The ascending triangle pattern could provide even more room for the price to rise above the new high. As long as the thick green trendline holds, going short does not seem like a good idea.
Resistance levels: 640.6; 656.3.
Support levels: 609; 594; 562; 546.
After a slight correction, the natural support level at 64.06 held up at the close. With the latest rally, the question is whether it can reach a new high or whether it will turn down again from a lower swing high.
Resistance levels: 68.75; 71.88.
Support levels: 56.25; 50; 48.43; 46.9.
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