Technical Signals for the VN-Index
In the trading session on the morning of August 19, 2024, the VN-Index rose alongside a sharp decline in trading volume, indicating investors’ uncertainty.
Currently, the VN-Index is retesting the group of 50-day SMA and 100-day SMA while the MACD indicator continues to trend upward after previously giving a buy signal. This suggests that the index may experience some volatility in the upcoming sessions.
Technical Signals for the HNX-Index
On August 19, 2024, the HNX-Index rose alongside a significant drop in liquidity, reflecting investors’ cautious sentiment.
Additionally, the HNX-Index crossed above the Middle line of the Bollinger Bands, while the Stochastic Oscillator continued to trend upward after previously giving a buy signal, indicating that the short-term recovery scenario is gradually materializing.
DXG – Real Estate Group Joint Stock Company
On the morning of August 19, 2024, DXG witnessed a strong surge and formed a Rising Window candlestick pattern, with volume exceeding the 20-session average, reflecting investors’ optimism.
Moreover, the stock price broke out of its short-term downward trendline as the MACD indicator continued to widen the gap with the Signal line after previously giving a buy signal, suggesting that the recovery prospects will likely persist in the upcoming sessions.
PNJ – Phu Nhuan Jewelry Joint Stock Company
On August 19, 2024, PNJ hit the daily upward limit and formed a White Marubozu candlestick pattern, with liquidity surpassing the 20-session average, indicating active trading among investors.
Furthermore, the stock price continued to rally after crossing above the Middle line of the Bollinger Bands, while the Stochastic Oscillator persistently trended upward after giving a previous buy signal, further reinforcing the short-term upward potential of the stock.
Technical Analysis Department, Vietstock Consulting
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