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The VN-Index had a lackluster performance last week, declining in 4 out of the last 5 trading sessions. Moreover, the trading volume remained below the 20-day average, indicating a shift towards cautious sentiment among investors. Adding to this, the return of net selling by foreign investors suggests that the short-term outlook for the market remains risky.

The VN-Index rose last week, with alternating up and down sessions. Erratic trading volume around the 20-day average reflected investor sentiment lacking stability. However, foreign investors' net buying after a continuous net-selling period bodes well for a more optimistic outlook.

The VN-Index narrowed losses with the emergence of a Hammer candlestick pattern, holding firmly above the 200-day SMA. Moreover, trading volume surged above the 20-day average, indicating a return of liquidity to the market. However, the Stochastic Oscillator and MACD continued their downward trajectory, issuing sell signals. This suggests that the risk of short-term corrections persists.

The market closed with the VN-Index up 2.27 points (0.18%) to 1,275.14, while the HNX-Index fell 0.77 points (0.33%) to 229.13. The market breadth tilted towards decliners with 432 losers and 331 gainers. The large-cap stocks in the VN30 basket painted a positive picture, with 13 gainers, 10 losers, and 7 stocks ending flat.

The VN-Index has been on a rollercoaster ride lately, with alternating up and down sessions. Erratic trading volumes, fluctuating around the 20-day average, reflect investors' unstable sentiment. However, the MACD and Stochastic Oscillator indicators continue to point upwards, providing a buy signal. If this status quo persists in the upcoming sessions, the short-term outlook may not be as risky as it seems.

The market ended the session on a positive note, with the VN-Index climbing 0.42% to 1,262.76, and the HNX-Index gaining 0.63% to close at 228.51. Buyers dominated the market breadth, with 484 tickers advancing against 253 declining tickers. However, the VN30 basket tilted towards the red, recording 19 gainers, 7 losers, and 4 unchanged stocks.

The market closed with the VN-Index down 3.12 points (-0.24%) to 1,272.02, and the HNX-Index fell 0.99 points (-0.43%) to 228.14. The market breadth tilted towards decliners with 436 losers and 274 gainers. Notably, 20 stocks in the VN30 basket ended in negative territory, with 6 advancing and 4 unchanged.

The VN-Index edged slightly higher, snapping a four-day losing streak with the emergence of a Doji candlestick pattern. Accompanying this pattern, the trading volume remained below the 20-day average, indicating investor indecision in the market. Notably, the Stochastic Oscillator has now crossed into overbought territory and is flashing a sell signal. This development suggests that the risk of a market correction increases if the indicator falls out of this zone.

The VN-Index surged and retested its old peak in early December 2024 (around the 1,270-1,280 points region). If, in the upcoming sessions, the index surpasses this threshold alongside maintaining trading volume above the 20-day average, the uptrend will be reinforced. Notably, the MACD indicator has already signaled a buy opportunity by crossing above the signal line. If the Stochastic Oscillator also flashes a similar signal in the forthcoming sessions, the outlook will turn even more optimistic.