Technical Signals for VN-Index
In the trading session on the morning of August 8, 2024, the VN-Index gained points, with a slight increase in trading volume, indicating a positive investor sentiment.
Currently, the VN-Index is retesting the 50% Fibonacci Projection level (equivalent to the 1,200-1,225 point region) while the MACD indicator continues to trend downward after previously giving a sell signal. If this factor improves, a recovery scenario may unfold in the upcoming sessions.
Technical Signals for HNX-Index
On August 8, 2024, the HNX-Index rose alongside a significant increase in trading volume during the morning session, reflecting a gradual return of investor optimism.
Additionally, the Stochastic Oscillator indicator gave a buy signal in the oversold region, suggesting that the situation is becoming less pessimistic.
TNG – TNG Investment and Trading Joint Stock Company
On the morning of August 8, 2024, TNG witnessed a strong surge in its stock price, forming a White Marubozu candlestick pattern, and liquidity surpassed the 20-session average, indicating active trading by investors.
Furthermore, the stock price continued to rally after breaking above the Middle line of the Bollinger Bands, while the MACD indicator provided a buy signal again, suggesting a potential short-term upward trend in the upcoming sessions.
VCG – Vietnam Export-Import and Construction Joint Stock Corporation
On the morning of August 8, 2024, VCG hit the daily upward limit and formed a White Marubozu candlestick pattern, with trading volume exceeding the 20-session average, indicating a revival of investor optimism.
Additionally, the Stochastic Oscillator indicator gave a buy signal in the oversold region, implying that the situation is becoming less pessimistic.
Technical Analysis Department, Vietstock Consulting
