Market on April 13th: Clear divergence, many stocks enter high RSI zones.

Overview of the trading session

The closing session on April 13, 2026, showed that the market continued to move in a divergent state. Most stocks maintained a positive trend at the technical level, but many stocks entered high RSI zones, thereby increasing the risk of short-term volatility.

The VNM , MBB , and several bank stocks maintained relatively stable trends, while VIC and VHM stood out with strong gains but were also in an overbought state. FPT , MWG , VCB , TCB , and SSI tended towards consolidation due to inconsistent signals from various indicators.

Outstanding stock group

Notable gainers

• VIC rose 5.5% to VND 160,000, continuing to be the focus of the real estate sector, but the RSI has entered the overbought zone.
• VHM rose 1.5% to VND 122,900, maintaining its strong upward momentum with high active buying demand.
• VNM traded sideways at 62,800 VND but maintained a stable trend structure, supporting market equilibrium.

Discount codes and cumulative price fluctuations

• FPT shares fell 2.2% to VND 76,000, reflecting short-term profit-taking pressure as liquidity was higher than average.
• TCB fell 1.1% to VND 31,900, indicating that the banking sector remains highly polarized.
• VCB fell 1.0% to VND 59,200, but the nearest support level remains intact.
• MWG fell 0.2% to 81,300 VND, showing a tendency towards accumulation as signals are not yet fully synchronized.
• SSI fell 0.7% to VND 28,400, with lower-than-expected trading volume, meaning the breakout rally remains unconfirmed.

Analysis by industry group

The banking sector continues to support the market's accumulation phase, although the level of consensus among stocks is not yet very high. MBB and VNM show a fairly stable trend, while VCB , TCB , and SSI still need further confirmation from capital flows.

Conversely, real estate stood out thanks to the strong gains of VIC and VHM , but the overbought condition significantly increased the risk of volatility. Steel and technology stocks like HPG and FPT tended to pause after their previous rally, with liquidity not yet strong enough to extend the trend.

Liquidity and cash flow

Liquidity was relatively concentrated in a few leading stocks, with HPG trading over 23.0 million shares, SSI reaching 21.8 million shares, and MBB around 15.0 million shares. Money flow remained present, but was selective, focusing on individual stories rather than spreading across the entire market.

This reinforces the view that the market is in a state of divergence, with growth no longer uniform across sectors. Investors monitoring the market may see increasing pressure to test resistance levels in many stocks that have risen rapidly.

Technical signals and price zones to watch.

Technically, VNM is maintaining a positive structure with MACD, EMA, and PSAR all trending upwards, while the RSI is in the neutral zone, indicating that momentum is not yet overheating. Conversely, VIC and VHM have both entered the high RSI zone, increasing the probability of volatility as they approach resistance levels.

Short-term outlook

There is a high probability that in the coming sessions the market will continue to test nearby resistance levels and maintain a consolidation phase around the current level. If the money flow improves, some fundamentally sound stocks may expand their range; conversely, stocks that have risen sharply will face the risk of more significant volatility.

In this context, support levels for VNM at VND 62,000, MBB at VND 26,450, and VCB at VND 58,600 will be key points to watch. For stocks like VIC and VHM , the market is likely to prioritize testing higher levels before forming a clearer new trend.

This data is for analytical and informational purposes only; it is not investment advice.