Technical Signals for the VN-Index
During the morning trading session of September 13, 2024, the VN-Index witnessed a decline and formed a Falling Window candlestick pattern, while trading volume significantly dropped. This indicates a cautious sentiment among investors.
At present, the VN-Index has dropped below the Middle line of the Bollinger Bands, and the Stochastic Oscillator continues to trend downward after previously giving a sell signal, suggesting that the risk of further corrections persists.
Technical Signals for the HNX-Index
On September 13, 2024, the HNX-Index also experienced a decline, accompanied by a slight decrease in trading volume during the morning session, reflecting investor caution.
Additionally, the HNX-Index is retesting the Fibonacci Projection 23.6% level (corresponding to the 226-230 point region) as the MACD indicator continues to trend downward after providing a previous sell signal. If the index falls below this support level, the risk of more substantial corrections will increase in the upcoming sessions.
AAA – An Phat Green Plastic Joint Stock Company
On the morning of September 13, 2024, AAA’s share price increased, but trading volume significantly dropped, indicating investor caution. The share price is retesting its April 2024 lows (around 9,400-9,700) as the MACD indicator gradually narrows the gap with the Signal line. A potential buy signal could reignite the recovery scenario in the upcoming sessions.
MBS – Military Bank Securities Joint Stock Company
On the morning of September 13, 2024, MBS’s share price rose, accompanied by strong trading volume, expected to surpass the 20-day average by the session’s end, reflecting optimistic investor sentiment.
Furthermore, the share price is finding support from the group of SMA 50 and SMA 100 day moving averages, and the Stochastic Oscillator is close to providing a buy signal again. In a positive scenario, if a buy signal emerges, the medium-term uptrend will be further reinforced.
Technical Analysis Team, Vietstock Consulting Department
