Technically, it fell for three consecutive trading days, but the Vietnamese index still retains the support area of the 1,375-1,380 point range, and is likely to rebound to the threshold again on the last trading day of the week on October 22. The psychology is still there 1400 points.
·On October 21, 2021,
VN-Index closed on October 21, down 9.03 points (-0.65%) to 1,384.77 points. HNX-Index rose 0.16 points (0.04%) to 388.45 points. The UPCoM index rose 0.09 points (0.09%) to 99.77 points.
On October 21, HOSE's matching liquidity fell again, reaching only 681 million units (down 15.6% from the previous trading day), and the transaction volume fell 10% to nearly 2 trillion yuan.
VN-Index opened in a micro-green on October 21, 2021. The sudden decline and impressive recovery at the end of yesterday afternoon did not seem to have had much impact on investor sentiment. Since then, small and medium-cap stocks have risen significantly, but the differentiation of large-cap stocks has led to a narrow fluctuation in the index. gradually approached the end of the morning session, selling took the upper hand, with VN-Index falling more than 2 points before entering lunch break. afternoon trading session, VN-Index has not changed much, and the trading price is slightly lower than the reference level. However, the ATC period suddenly lowered the index by more than 9 points. VN-Index closed at 1,384.77 points.
is similar to VN-Index, which closed down by nearly 16 points. In the VN30 basket, the red completely dominates with 27 losers and only 3 winners. VJC is the biggest decline in the VN30 basket, down 3%. is followed by VJC by SAB, GAS and MSN codes. KDH, HPG, and PDR, on the other hand, are the positive winners in the group.
From the perspective of the degree of impact on VN-Index, VIC, VHM and GAS are the three codes with the greatest negative impact when deleting more than 3 points from the index. At the same time, HPG, OCB, and MSB are the most affected, but these codes are not too much.
Rubber products industry is the industry with the largest market decline on October 21, 2021. After DRC, CSM is the next code in the group to announce bleak third-quarter results, reporting a net loss of over VND28 billion. The complex situation of the Covid-19 epidemic has not only affected product output, but also increased the production costs of the group's enterprises. During the session, DRC and CSM fell 1.7% and 1.68% respectively. Other codes in the group such as BRC fell sharply by 4.71%, and SRC stopped at the reference price.
At the same time, in the household goods sector, textile and clothing stocks performed very actively during the trading session. Among them, TCM rose sharply by 6.5%, STK rose by 5.9%, VGT rose by 3.9%, etc.
Black closing Marubozu Candlestick pattern indicates that the situation is getting worse. The trading volume of has dropped sharply compared with the previous trading day and may fall below the 20-day moving average in the near future. Meanwhile, foreign investors continue to be strong net sellers for HOSE and HNX. If this continues, the risk of VN-Index correction will increase.
·October 21, 2021Outside trading period
Foreign investors bought 9 million shares worth VND 1.178 billion, and sold 45.5 million shares worth VND 1.996 billion, continuing to trade negatively. The total net selling volume of is 16.5 million shares, which is equivalent to a net selling value of more than 810 billion rupiahs. is only in HoSE, foreign investors continued to sell VND790 billion, a 42% decrease from the previous trading day, with a corresponding net selling volume of 15.7 million shares. HoSE's foreign investors were net sellers for four consecutive trading days, with a total value of VND 3.231 billion.
has no change compared with previous sessions, and HPG continues to be sold by foreign investors at a price of 310 billion Vietnamese dong. NLG is still ranked second in , with VND 99 billion. After , VIC also sold 89 billion Vietnamese dongs. Meanwhile, VNM is the strongest net buy with VND 104 billion. ETF certificate FUESSVFL was net bought 61 billion rupiah.
·On October 21, 2021, securities companies sold a net 526.03 billion rupiah.
Specifically, during today's trading period, the securities proprietary group bought 177.91 billion rupiah and sold 703.94 billion rupiah. In general, the free trade sector sold a net sales of 526.03 billion rupiah.
sells all the stocks, HPG and TCB, with net selling of stocks, valued at 69.6 billion rupiah and 55.2 billion rupiah, respectively.
· Technical analysis
In the trading period on October 21, 2021, the VN index ended the trading period in a black closing ball room candlestick pattern after the previous sideways period. This indicates that sellers are returning and the index will be able to retest the old peak that surpassed in August 2021.
MACD is close to the signal line and will give a sell signal soon. stochastic oscillation indicator continues to decline. If the indicator falls below the overbought area, the risk of correction will increase. The
1,360-1,380 point area (old peak in August 2021) will be an important support. October 11, 2021 There are also Bollinger band midline and ascending window patterns.
·October 22, 2021 Market Comments
Under the pressure of blue-chip stocks, the market may lose its sideways trend for the 8th consecutive trading day. In addition, small and medium-sized stocks continue to maintain their upward momentum, which also makes it possible for cash flow to be transferred from blue-chip stocks, thereby affecting the market or suppressing the index.
Technically, it fell for three consecutive trading days, but the Vietnamese index still retains the support area of the 1,375-1,380 point range, and is likely to rebound to the threshold again on the last trading day of the week on October 22. The psychology is still there 1400 points.
In negative cases, if the selling pressure continues to increase, VN-Index may need to retest the demand in the nearest support area in the range of 1,375-1,380 points.
As the cash flow trend trend is increasingly differentiating in the profit and loss statement quarter. recommends that investors maintain positions in stocks with gradual rises and good performance in the third quarter, while looking for opportunities to allocate in areas with good prices or stocks with good credit, and accumulate positive signal areas.
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