MARKET ANALYSIS FOR THE WEEK OF DECEMBER 1-5, 2025
During the week of December 1-5, 2025, the VN-Index extended its winning streak to four consecutive weeks, despite trading volumes remaining relatively unchanged.
The Stochastic Oscillator has signaled a buy, while the MACD is narrowing its gap with the Signal line. If the MACD confirms a buy signal in the coming sessions, the outlook will become even more optimistic.
The index is approaching its historical peak of 1,760-1,795 points, a critical level that will determine the potential for further upward momentum in the final weeks of the year.
TECHNICAL ANALYSIS
Trend and Price Oscillation Analysis
VN-Index – Stochastic Oscillator Signals Sell
On December 5, 2025, the VN-Index edged higher for the eighth consecutive session, albeit with reduced trading volume below the 20-session average, indicating investor hesitation.
The index is nearing its October 2025 high (1,760-1,795 points), while the Stochastic Oscillator has entered the overbought territory with a sell signal. Without improvement, a correction risk may emerge if the indicator exits this zone in upcoming sessions.
HNX-Index – Remains Below Middle Band
On December 5, 2025, the HNX-Index reversed lower after three positive sessions, with trading volume surpassing the 20-session average, reflecting subdued investor sentiment.
Additionally, the index remains below the Bollinger Bands’ Middle line, and a death cross between the 50-day and 100-day SMA has formed, suggesting persistent bearish sentiment.
If the medium-term downtrend continues without improvement, the March 2025 high (243-250 points) could serve as a critical support level for the HNX-Index.
Capital Flow Analysis
Smart Money Movement: The VN-Index Negative Volume Index remains above the 20-day EMA. Continued strength in the next session would mitigate sudden downside risk (thrust down).
Foreign Capital Flow: Foreign investors turned net sellers on December 5, 2025. Prolonged selling by foreign investors in upcoming sessions would further dampen market sentiment.
Technical Analysis Team, Vietstock Advisory Department
– 16:58 December 7, 2025
Market Paradox: Index Gains, Portfolio Pains
Despite the VN-Index extending its winning streak to the 8th consecutive session today (December 5th), many investors are experiencing a sense of “index gains, portfolio pains.” While the VN-Index climbed higher, red dominated the market landscape.
VIC Stock and the Broader Equity Market
The market closed the week in a state of “green on the outside, red on the inside,” as the VN-Index gained ground, propelled by the robust performance of VIC shares. However, the broader market painted a different picture, with most other stocks showing signs of weakness.
Technical Analysis for the Afternoon Session of December 5th: Uptrend Continues
The VN-Index extended its winning streak to an impressive eight consecutive sessions, despite trading near its October 2025 peak. Meanwhile, the HNX-Index experienced a mild pullback as it retested the middle band of the Bollinger Bands indicator.
Foreign Investors’ Sudden Shift: Nearly VND 700 Billion Net Sold on December 5th – Which Stocks Were Hit Hardest?
Foreign investors’ transactions were a notable drawback as they shifted to net selling, amounting to approximately VND 678 billion.
Foreign Block’s Massive $42M Sweep: Snapping Up Bank Stocks in December 4th Trading Frenzy
Foreign investors’ trading activity has been a significant boost to the market, with a net buying value of approximately 1.086 trillion VND. This influx of investment highlights their confidence in the market’s potential and serves as a positive indicator for future growth.
