Technical Signals of VN-Index
In the trading session on the morning of September 20, 2024, the VN-Index witnessed a strong surge, accompanied by a significant spike in trading volume during the morning session. This indicates an optimistic sentiment among investors, and we anticipate that the volume will surpass the 20-day average by the session’s end.
At present, the VN-Index has surged and breached the Middle line of the Bollinger Bands. This occurs as the MACD indicator flashes a buy signal, suggesting that a short-term bullish scenario is materializing.
Technical Signals of HNX-Index
On September 20, 2024, the HNX-Index climbed alongside a substantial increase in trading volume during the morning session. We foresee that the volume will exceed the 20-day average by the session’s close, reflecting a return to optimistic sentiment.
Additionally, the HNX-Index is currently retesting the group of the SMA 50-day and SMA 200-day lines, while the Stochastic Oscillator indicator signals a buy. Should the index successfully surpass this resistance zone, the short-term bullish outlook may resume in the upcoming sessions.
ACB – Asia Commercial Joint Stock Bank
On the morning of September 20, 2024, ACB witnessed robust price action and formed a White Marubozu candlestick pattern, with liquidity surpassing the 20-session average. This indicates active trading among investors.
Furthermore, the stock price established a new 52-week high as the MACD indicator continues to widen the gap with the Signal line after previously flashing a buy signal. This reinforces the long-term bullish trend of the stock.
HPG – Hoa Phat Group Joint Stock Company
On September 20, 2024, HPG witnessed a price increase and formed a Rising Window candlestick pattern, with trading volume surpassing the 20-session average. This reflects the optimistic sentiment among investors.
Additionally, the stock price surged and breached the Middle line of the Bollinger Bands, while the Stochastic Oscillator indicator signaled a buy. This suggests that a short-term recovery outlook is emerging.
Technical Analysis Department, Vietstock Consulting