VN index ended trading on December 20, 2021, with a slight decline of more than 2 points and appeared in the middle line of the Bollinger Band a hammer candlestick pattern. The positive signal of shows that this is an important support area for VN-Index in the short term. During a period of little support information, VN-Index is likely to continue to consolidate sideways.
1, Stock Market Analysis December 20, 2021
-2021 market indexes both fell on December 20, 2021. Among them, VN-Index fell slightly by 2.46 points to 1,477.33 points; HNX-Index fell by 1.61 points, only 454.59 points.
- HOSE match volume nearly 907 million units, down 14.87% from the previous trading day. The match volume on HNX fell by 13.81%, reaching nearly 121 million units.
- foreign investors are net seller of HOSE, with a value of only 12 billion gulf, while HNX's net buyer has more than 5 billion gulf.
- Investors are still holding onto the mentality of waiting for information or a clearer signal of the upcoming trend of the stock market as they enter the first trading day of the week. Therefore, most early trading VN indexes only trade fuzzy around the reference level. At the end of the morning session, VN-Index fell slightly by 4.3 points, but the market breadth strongly supported sellers, down 536 and up 330. entered the afternoon, and the market suddenly experienced strong fluctuations, and VN-Index fell by more than 11 points at one point. However, this decline did not last long, and the closer it was to the end of the intraday session, the Vietnam index almost narrowed the previous 11 points. The trading session ended on December 20, 2021, with VN-Index only slightly down 2.46 (-0.17%), temporarily suspending at 1,477.33 points.
- VN30-Index stagnated at the close, rising only 0.04 points. VN30 is mainly seller, with 18 discount codes, 2 reference codes, and only 10 winners. The biggest decline in in the package was VIC, with a drop of nearly 3%. The share price has dropped by about 2% including PLX, GAS, BVH and GVR. The more positive side of is that the dazzling star of the VN30 basket during the session is POW, and the stock has risen across the board. is accompanied by strong growth in POW, TPB, VCB and MSN. The upward momentum of the above names has greatly helped VN30 not decline.
- In terms of influence, VCB, MSN, VIB and POW are the codes that have the greatest impact on VN-Index. At the same time, VIC, GAS and VHM are counterweights on the other side of the front line, and together they lower the VN-Index by more than 4 points.
- With news that crude oil prices have fallen all before the Covid-19 pandemic, many oil and gas stocks have experienced similar declines. Therefore, Mining Group was the biggest loser in the market on December 20, 2021, with a drop of more than 2%. Shares of BSR, OIL, PVS or PVD fell sharply, with an average drop of more than 3%. But not all mining stocks closed lower, with two mining and mineral stocks KSB and DHA rising 5.13% and 1.15% respectively.
- Securities Group regained its upward trend after recuperation. 25 securities stocks rose almost across the board, driving the industry to rise strongly by nearly 3%. SSI stock price rose 1.9%, VND rose 6.5%, VCI rose 2.27%, etc. Small-cap stocks such as TVB, TVS or CTS have also attracted investors' cash flow, rising strongly at around 4-6 levels.
- VN-Index fell slightly by more than 2 points at the close of December 20, 2021, and a hammer candlestick pattern appeared in the midline of the Bollinger Band. The positive signal of shows that this is an important support area for VN-Index in the short term. During a period of little support information, VN-Index is likely to continue to consolidate sideways.
Technical analysis
Trend analysis and price oscillator
VN-Index - The midline plays a good supporting role
In the trading period on December 20, 2021, the VN index was corrected in the hammer candlestick form. The image of the lower shadow line appearing in the middle line of the Bollinger band proves that the line once again completes the support task well.
If the midline remains true, the index will be able to retest the all-time high in November 2021 (equivalent to 1,500-1,510 points).
, but the trading volume of decreased compared with the previous trading day, but it was still higher than the average level, indicating that the cash flow is still rebounding. The MACD indicator is already very close to the signal line. If the indicator shows a buy signal, the situation will be more optimistic and the possibility of moving test resistance will be quite high.
HNX-Index - Continuous tug-of-war
In the trading period on December 20, 2021, the Spinning Top candlestick pattern appeared when HNX-Index returned to retest the Bollinger band midline, which showed that both buyers and sellers were struggling vigorously when the index test supported.
stochastic oscillation indicator continues to remain positive. If MACD also shows a rebound span and sends a buy signal again, the situation will be more positive.
At that time, HNX-Index's target will be the old peak in November 2021 (equivalent to 460-470 points). However, the Bollinger Band is gradually narrowing, so there is little possibility of a strong breakthrough.
Cash flow analysis
Fluctuations of smart currency: VN-Index's negative trading volume index is higher than the 20-day moving average. If this state continues for the next session, the risk of sudden decline will be minimized.
Changes in cash flow of overseas investors: December 20, 2021 Overseas investors transactions are relatively balanced. If foreign investors become net buyers in the next few trading days, the possibility of a market decline will be limited.
2, Market statistics December 20, 2021
