Stock Market Week of 12/16/2024 – 12/20/2024: A Prevailing Mood of Caution
The VN-Index edged higher last week, with alternating sessions of gains and losses. While the index inched up, the trading volume fell below the 20-day average, indicating that investors remain cautious. Moreover, foreign investors' continued net selling streak suggests that the short-term outlook for the market is still not optimistic.
The Market Outlook: A Cautious Tone for the Short Term?
The VN-Index rebounded after testing the middle Bollinger Band, with trading volumes remaining below the 20-day average. This indicates a continued lack of liquidity in the market. Currently, the Stochastic Oscillator indicates a sell signal, and if the MACD follows suit in upcoming sessions, the risk of a correction will increase.
The Market Beat: Transport Sector Shines Amid Dull Liquidity
The market closed with the VN-Index up 2.83 points (0.23%) at 1,257.5, while the HNX-Index fell 0.47 points (-0.21%) to 227.07. The market breadth tilted towards gainers with 452 advancing stocks against 284 declining stocks. The VN30 basket saw a slight dominance of green with 14 gainers, 12 losers, and 4 stocks unchanged.
Vietstock Weekly: Navigating Short-Term Risks
The VN-Index ended a rather pessimistic trading week as it continued to lose points and fell below the Middle Bollinger Band. The decline was accompanied by a drop in trading volume below the 20-week average, indicating limited participation of funds in the market. Currently, the MACD indicator is poised to give a sell signal as it narrows its gap with the Signal Line. Should this occur in the coming period, the index's situation will turn even more negative.
Vietstock Weekly: Short-Term Risks Remain
The VN-Index ended a rather pessimistic trading week as it continued to lose points and slip below the Middle Bollinger Band. The decline was accompanied by a drop in trading volume below the 20-week average, indicating limited participation of funds in the market. Currently, the MACD indicator is poised to give a sell signal as it narrows its gap with the Signal Line. Should this occur in the coming period, the index's outlook will turn increasingly negative.
Vietstock Weekly 23-27/12/2024: Short-term Risks Remain
The VN-Index ended a rather pessimistic trading week as it continued to lose points and slip below the Middle Bollinger Band. The decline was accompanied by a drop in trading volume below the 20-week average, indicating limited participation of funds in the market. Currently, the MACD indicator is poised to give a sell signal as it narrows its gap with the Signal Line. Should this occur in the coming period, the index's outlook will turn even more negative.
Stock Market Week of 12/16/2024 – 12/20/2024: Caution Prevails
The VN-Index edged higher last week, with alternating sessions of gains and losses. While the index inched up, the trading volume fell below the 20-day average, indicating that investors remain cautious. Moreover, foreign investors' continued net selling streak suggests that the short-term outlook for the market is still not optimistic.
The Vietstock Weekly: Short-Term Risks Linger
The VN-Index concluded a less-than-optimistic trading week, as it continued to lose points and dip below the Middle Bollinger Band. This downward trajectory is further exacerbated by a decline in trading volume, falling below the 20-week average, indicating a limited flow of capital into the market. Adding to the bearish sentiment, the MACD indicator is poised to generate a sell signal, having narrowed its gap with the Signal Line. Should this materialize in the coming period, the index's outlook will turn increasingly negative.
“Vietstock Weekly: Short-Term Risks Remain”
The VN-Index ended a rather pessimistic trading week as it continued to lose points and fell below the Middle Bollinger Band. The decline was accompanied by a drop in trading volume below the 20-week average, indicating limited participation of funds in the market. Currently, the MACD indicator is approaching a potential sell signal as it narrows its gap with the Signal Line. If this occurs in the coming period, the index's outlook will turn increasingly negative.
The Cautious Sentiment Rises
The VN-Index witnessed a negative trading session with a decline in trading volume below the 20-day average. This indicates a resurgence of cautious sentiment among investors. However, it's important to note that the index is currently sitting above the middle Bollinger Band. If the index manages to hold its ground above this level in upcoming sessions and the MACD indicator continues to flash a buy signal, the situation may not be as pessimistic as it seems.