Technical Signals of VN-Index
In the morning trading session on March 19, 2024, VN-Index slightly increased with the appearance of a Doji candlestick pattern. The trading volume in the morning session decreased, indicating cautious investor sentiment.
In addition, the Stochastic Oscillator and MACD indicators continue to trend downwards and give sell signals, suggesting that the risk is still present in the near future.
Technical Signals of HNX-Index
In the trading session on March 19, 2024, HNX-Index slightly increased with low trading volume, reflecting the indecisiveness of investors.
On the other hand, the MACD indicator is forming a sell signal as it narrows the distance to the Signal line, indicating the continued presence of adjustment risk.
CII – Ho Chi Minh City Infrastructure Investment Corporation
In the morning trading session on March 19, 2024, the stock price of CII increased significantly and retested the resistance level at the Fibonacci Retracement 61.8% zone (equivalent to the range of 19,300-19,800).
The trading volume in the morning session surpassed the 20-day average, indicating the dynamism of investors.
In addition, the stock price continues to gain points after the appearance of a Golden Cross between the 50-day SMA and the 200-day SMA, showing that the positive outlook is still present.
TV2 – Construction Consultancy Electrical Company 2
In the morning session on March 19, 2024, the stock of TV2 formed a long-body candlestick pattern with expected trading volume surpassing the 20-day average, indicating optimism among investors.
The stock price is fluctuating in a bullish price channel and retesting the previous high in May 2022 (equivalent to the range of 45,500-46,500), therefore short-term fluctuations may occur.
The MACD indicator continues to trend upwards after giving a buy signal, suggesting a positive outlook in the near future.
Technical Analysis Department, Vietstock Advisory Room
