Technical Signals of VN-Index
In the trading session on the morning of December 3, 2024, the VN-Index declined, and a Doji candlestick pattern emerged, with a slight increase in trading volume. This indicates that investors are uncertain about their trades.
Currently, the index remains above the Middle line of the Bollinger Bands, while the MACD and Stochastic Oscillator indicators continue to trend upward after generating buy signals, suggesting a relatively optimistic short-term outlook.
Technical Signals of HNX-Index
On December 3, 2024, the HNX-Index increased and retested the Middle line of the Bollinger Bands. The trading volume has been fluctuating, indicating unstable investor sentiment in recent sessions.
At present, the Stochastic Oscillator indicator continues to trend upward after a Bullish Divergence and provides a buy signal. The index is retesting the old bottom of April 2024 (equivalent to the 220-225-point region). If there is an improvement in money flow in the upcoming sessions, the outlook will be more optimistic.
CSV – Southern Basic Chemicals JSC
On the morning of December 3, 2024, CSV witnessed an increase in its stock price, along with a trading volume that surpassed the 20-session average, reflecting investors’ optimistic sentiment.
Presently, the stock price has rebounded after successfully testing the Middle line of the Bollinger Bands, and the MACD indicator has generated a buy signal again, further reinforcing the short-term upward trend of the stock.
Additionally, the stock price is retesting the upper edge of the Triangle pattern. In a positive scenario, if the stock price breaks out from this upper edge, the potential price target for the pattern is expected to be in the range of 50,000-53,000.
VCB – Joint Stock Commercial Bank for Foreign Trade of Vietnam
During the morning session of December 3, 2024, VCB witnessed a decline in its stock price, accompanied by a significant increase in trading volume, which is expected to surpass the 20-day average by the end of the session, indicating investors’ pessimistic sentiment.
At present, the stock price has failed to test the upper edge of the Bullish Price Channel, while the ADX indicator is moving within the gray area (20
Technical Analysis Department, Vietstock Consulting
