Technical Signals for VN-Index
In the trading session on the morning of September 25, 2024, the VN-Index witnessed a strong upward surge, forming a Rising Window candlestick pattern, while trading volume saw a significant improvement, indicating a positive shift in investor sentiment.
Currently, the VN-Index is rebounding after successfully testing the Middle line of the Bollinger Bands. The MACD indicator continues to widen the gap with the Signal line, further reinforcing the bullish trend of the index.
Technical Signals for HNX-Index
On September 25, 2024, the HNX-Index climbed alongside a substantial increase in trading volume during the morning session, and it is expected to surpass the 20-day average by the end of the day, reflecting a positive investor sentiment.
Additionally, the HNX-Index is retesting the SMA 50-day and SMA 200-day moving averages, while the Stochastic Oscillator has generated a buy signal. A successful breakout above this resistance area could bring back the mid-term optimistic outlook in the upcoming sessions.
MBS – Military Commercial Joint Stock Bank Securities Company
During the morning session of September 25, 2024, MBS witnessed a sharp rise, forming a White Marubozu candlestick pattern, while trading volume surpassed the 20-session average, indicating active participation from investors.
Moreover, the stock price established a new 52-week high, and the MACD indicator continues to widen the gap with the Signal line, further bolstering the bullish momentum.
HSG – Hoa Sen Group Joint Stock Company
On the morning of September 25, 2024, HSG witnessed a strong upward move, accompanied by a notable increase in trading volume, surpassing the 20-session average, reflecting improved investor confidence.
Additionally, the stock price has crossed above the Middle line of the Bollinger Bands, and the Stochastic Oscillator remains directed upwards, indicating a potential recovery. The stock price is also retesting the SMA 50-day moving average (equivalent to the 20,800-21,400 region). A successful breakout above this resistance area could restore the mid-term optimistic outlook in the upcoming period.
Technical Analysis Department, Vietstock Consulting
