Technical Signals for VN-Index
In the trading session on the morning of June 9, 2025, the VN-Index declined for the fourth consecutive session, with volume decreasing in the morning session, reflecting investors’ cautious sentiment.
At present, the index has broken below the lower bound of a Rising Wedge pattern, while the MACD indicator continues to trend downward after issuing a sell signal. If the corrective phase persists in the medium term, the potential price target in the coming period is expected to be in the range of 1,180-1,190 points.
Technical Signals for HNX-Index
In the trading session on June 9, 2025, the HNX-Index declined, with trading volume decreasing in the morning session, indicating investors’ cautious sentiment.
Additionally, the MACD indicator continues to narrow the gap with the Signal line. If it issues a sell signal again in the coming sessions, the outlook could turn less favorable.
TCH – Hoang Huy Finance Service JSC
In the morning session on June 9, 2025, TCH stock price slightly increased and formed a candle pattern resembling a High Wave Candle, with trading volume decreasing in the morning session, indicating investors’ indecisiveness.
Meanwhile, the Stochastic Oscillator indicator has fallen out of the overbought zone after issuing a sell signal, suggesting that the risk of a short-term correction is rising.
The previous peak successfully broken in March 2025 (corresponding to the 18,900-19,500 range) will serve as a strong support level during the formation of the corrective phase.
VHM – Vinhomes JSC
In the morning trading session on June 9, 2025, VHM stock price slightly declined and formed a Spinning Top candle pattern, with trading volume remaining below the 20-session average, indicating a prevailing tug-of-war situation.
Additionally, VHM is retesting the 78.6% Fibonacci Projection level (corresponding to the 75,300-78,700 range), while the MACD indicator has issued a sell signal again. Unless the situation improves, the outlook may turn less positive in the coming period.
Technical Analysis Department, Vietstock Consulting
– 12:04 09/06/2025
Market Beat: A Pulse Check on Investor Sentiment
The market witnessed a lackluster performance in the morning session, with no significant recovery efforts. The subdued participation of cash flow, coupled with persistent pressure from the pillar group, painted a gloomy picture. VN-Index hovered at 1,323.17 points, reflecting a 0.51% decline, while HNX-Index mirrored this sentiment with a 0.52% drop, settling at 227.42. The market breadth further emphasized the bearish trend, with 386 declining stocks outweighing the 222 advancing ones.
Expert Alert: Navigate Market Risks by Trimming Positions to Safe Levels
As of May 12, 2025, excluding the four Vingroup stocks (VIC, VHM, VRE, and VPL) from calculations, the VN-Index (excluding the Vingroup cluster) would be trading around the 1,300-point level. This highlights the significant impact that the Vingroup cluster has on the overall index.