MARKET REVIEW FOR THE WEEK OF JULY 14-18, 2025
During the week of July 14-18, 2025, the VN-Index rose for the fifth consecutive week and is approaching the historical peak set in early 2022 (equivalent to 1,500-1,530 points). The trading volume last week also reached a record high, indicating a very active participation of investment capital. Currently, the MACD indicator continues to widen the gap with the Signal line after giving a buy signal in mid-May 2025, reinforcing the upward trend in the medium term. However, investors still need to pay attention to the possibility of short-term fluctuations as the Stochastic Oscillator indicator continues to move deep into the overbought region.
TECHNICAL ANALYSIS
Trend and Price Oscillation Analysis
VN-Index – Doji Candlestick Pattern Appears
In the trading session on July 18, 2025, the VN-Index rose slightly and formed a Doji candlestick pattern with increasing volume, surpassing the 20-session average, indicating investors’ hesitation.
In addition, the index is testing the Fibonacci Projection 200% threshold (equivalent to the 1,475-1,500 point region) while the MACD indicator is gradually narrowing the gap with the Signal line after giving a buy signal. If the indicator generates a sell signal again in the future, the outlook will be less optimistic.
HNX-Index – Stochastic Oscillator Has Given a Sell Signal
In the trading session on July 18, 2025, the HNX-Index rose slightly and formed a candlestick pattern similar to Doji with trading volume exceeding the 20-session average, reflecting investors’ hesitation.
Additionally, the index is retesting the March 2025 peak (equivalent to the 244-250 point region) while the Stochastic Oscillator indicator has given a sell signal in the overbought region. If the indicator falls out of this region in the coming sessions, the risk of a downward adjustment will increase.
Money Flow Analysis
Fluctuations in Smart Money Flow: The Negative Volume Index indicator of the VN-Index is above the EMA 20 day. If this condition persists in the next session, the risk of an unexpected downturn (thrust down) will diminish.
Foreign Capital Flow Variations: Foreign investors continued to sell in the trading session on July 18, 2025. If foreign investors maintain this action in the coming sessions, the situation will become more pessimistic.
Technical Analysis Department, Vietstock Consulting
– 16:58 20/07/2025
Market Beat July 31st: Holding the 1,500-Point Mark Triumphantly
The VN-Index faced significant challenges during the morning session, with constant struggles and adjustments, suggesting a deep decline at the closing bell. However, a remarkable turnaround took place in the afternoon session, as the market staged a strong recovery, recouping much of the lost ground. The index ultimately closed at 1,502.52, limiting the damage to a modest 5.11-point loss.
The Vietstock Daily: Celebrating 25 Years with New Peaks
The VN-Index soared during the trading session commemorating the 25th anniversary of Vietnam’s stock market. The high trading volume, maintained above the 20-session average, indicates robust momentum in the flow of funds, despite the impressive rally witnessed recently. With the MACD indicator continuing to widen the gap above the signal line after providing a buy signal in mid-June 2025, the VN-Index is poised to extend its upward trajectory, finding strong support around the 1,500-point level.
Stock Market Insights: Has the Tide Turned?
The VN-Index retreated, forming a Bearish Engulfing candlestick pattern as it encountered resistance at the psychological level of 1,500 points. This retreat indicates significant profit-taking pressure. Additionally, the Stochastic Oscillator has provided a sell signal within the overbought territory. Investors should exercise caution in the near term as a fall below this level could trigger increased short-term corrective pressure.
Market Beat: VN-Index Soars Over 26 Points, Setting a New Record High
The trading session concluded with significant gains, as the VN-Index surged by 26.29 points (+1.72%), closing at 1,557.42. Simultaneously, the HNX-Index displayed robust performance, climbing 9.23 points (+3.63%) to finish at 263.79. The market breadth was overwhelmingly positive, with 537 advancing stocks versus 247 declining ones. This bullish sentiment was echoed in the VN30 basket, where 26 constituents rose, 3 fell, and 1 remained unchanged, painting a predominantly green picture for the day’s trading activities.
Market Pulse for July 21: Foreign Investors Turn Net Buyers, VN-Index Hovers Near 1,500 Points
The market closed with the VN-Index down 12.23 points (-0.82%), settling at 1,485.05. The HNX-Index also witnessed a decline of 1.98 points (-0.8%), ending the day at 245.79. The market breadth inclined towards the bears with 435 declining stocks against 331 advancing stocks. Within the VN30 basket, 17 stocks lost ground, 12 advanced, and 1 remained unchanged, reflecting a similar bearish sentiment.
