Technical Signals for VN-Index
In the trading session on the morning of August 9, 2024, the VN-Index gained points and a Doji candlestick pattern emerged, while trading volume slightly decreased in the morning session, indicating investors’ hesitation.
Currently, the VN-Index continues to test the 200-day SMA as the MACD indicator narrows its gap with the Signal line after previously giving a sell signal. If this factor improves and the index recovers, the mid-term optimistic outlook will be more sustainable.
Technical Signals for HNX-Index
On August 9, 2024, the HNX-Index remained unchanged and a Doji candlestick pattern emerged, while trading volume slightly decreased in the morning session, indicating investors’ uncertainty.
Additionally, the HNX-Index is retesting its June 2024 low (equivalent to the 219-225 point region) as the Stochastic Oscillator indicator enters the oversold territory. If this factor improves, the short-term recovery scenario could return in the coming sessions.
TCH – Hoang Huy Finance Services Investment JSC
On the morning of August 9, 2024, TCH declined in price, while trading volume continuously exceeded the 20-session average, indicating investors’ pessimism.
Moreover, the stock price is closely following the lower band of the Bollinger Bands, while the MACD indicator continues to widen its gap with the Signal line after previously giving a sell signal, suggesting that the short-term downward trend will likely persist in the upcoming sessions.
DGW – The Gioi So JSC
On the morning of August 9, 2024, DGW rose in price, accompanied by a significant increase in trading volume in the morning session, indicating investors’ optimism.
Additionally, the stock price is testing the 50% Fibonacci Projection level (equivalent to the 56,000-59,000 region) as the Stochastic Oscillator indicator gives a buy signal in the oversold territory. If the buy signal is maintained and the stock price successfully conquers this resistance level, a recovery scenario may unfold in the upcoming sessions.
Technical Analysis Department, Vietstock Consulting
