This report is an updated version of the report published on 10 April 2024 at 08:27 AM GMT+1.

Darktrace PLC (LSE: DARK)

Section 1: Company Fundamentals

1.1 Company Overview and Performance summary

Company Overview:

Darktrace PLC is an FTSE 250 listed global leader in cyber security AI. Moreover, it provides the first at-scale deployment of A.I. in cyber security and is a pioneer of autonomous response technology.

This Global Artificial Intelligence & Emerging Technologies Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

• DARK's share price has given a return of 0.07% in the past one month. However, in the long term, the stock has increased by 79,.41% over the past year.
• The stock is currently trading above the average of 52-week range of GBX 501.60 and 52-week low price of GBX 237.29, with the expectations of an upside movement from the current support levels of GBX 389.00 - GBX 405.00.

1.2 Summary Table

1.3 The Key Positives & Negatives

1.4 Key Metrics

Section 2: Darktrace PLC (LSE: DARK) (“Buy” at the closing price of GBX 434.50, as of 09 April 2024)

2.1 Company Details

2.2 Technical Guidance and Stock Recommendation  

Alphawave IP Group PLC (LSE: AWE)

Section 3: Company Fundamentals

3.1 Company Overview and Performance summary

Company Overview:

Alphawave IP Group PLC (LSE: AWE) is an FTSE main market listed technology service provider that enables high-speed connectivity in the global technology infrastructure.

This Global Artificial Intelligence & Emerging Technologies Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

• AWE's share price has given a negative return of 11.12% in the past one month. Consequently, in the long term, the stock has increased by 36.67% over the past year.
• The stock is currently trading near to the upper end of its 52-week range of GBX 193.00 and 52-week low price of GBX 94.30, with the expectations of an upside movement from the current support levels of GBX 140.00 - GBX 145.00.

3.2 Summary Table

3.3 The Key Positives & Negatives

Section 4: Alphawave IP Group PLC (LSE: AWE) (“Speculative Buy” at the closing price of GBX 156.60, as of 09 April 2024)

4.1 Company Details

4.2 Technical Guidance and Stock Recommendation  

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference data for all price data, currency, technical indicators, support, and resistance levels is 09 April 2024. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: Target Price refers to a price level that the stock is expected to reach as per the relative valuation method and or technical analysis taking into consideration both short-term and long-term scenarios.

Note 5:  Kalkine reports are prepared based on the stock prices captured either from the London Stock Exchange (LSE) and or REFINITIV. Typically, both sources (LSE and or REFINITIV) may reflect stock prices with a delay which could be a lag of 15-20 minutes. There can be no assurance that future results or events will be consistent with the information provided in the report. The information is subject to change without any prior notice.

Note 6: Dividend Yield may vary as per the stock price movement. 

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stocks prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.