Technical signals of VN-Index
In the morning trading session on March 18, 2024, VN-Index decreased points and at the same time appeared a candle pattern similar to Black Marubozu, while cutting down the Middle line of Bollinger Bands, showing investor pessimism.
In addition, the Stochastic Oscillator continues to trend downwards after giving a sell signal, indicating that the risk of correction still exists.
Technical signals of HNX-Index
In the trading session on March 18, 2024, HNX-Index decreased sharply and appeared a long red candle with morning trading volume exceeding the 20-session average, showing negative sentiment of investors.
The MACD and Stochastic Oscillator indicators give a sell signal. This indicates that selling pressure may continue in the following sessions.
DIG – Development Investment Construction Corporation
In the morning trading session on March 18, 2024, the stock price of DIG continued to rise accompanied by morning trading volume exceeding the 20-session average, reflecting the optimistic sentiment of investors.
The stock price continues to rebound within the bullish price channel, with the MACD and Stochastic Oscillator giving a buy signal, indicating positive prospects.
However, the stock price is also facing supply pressure as it undergoes a secondary test at the Fibonacci Retracement level of 61.8% (equivalent to the range of 29,500-30,500).
DPG – Dat Phuong Corporation
In the morning session on March 18, 2024, the stock of DPG formed a Rising Window candle pattern with trading volume above the 20-day average, indicating positive sentiment of investors.
The stock price continues to rise after a Golden Cross appeared, with the MACD giving a buy signal when it cuts above the Signal line, indicating a fairly optimistic outlook.
In a positive scenario, the stock price may continue to target the next price range at the Fibonacci Retracement level of 38.2% (equivalent to the range of 46,500-47,500).
Technical Analysis Department, Vietstock Advisory Room
