Market before the 18/05 session: VN-Index holds the 1,920-point zone, selective cash flow focuses on leading stocks
VNINDEX closed the latest session at 1,921.6 points, down 0.2% from the reference, as the market continued to trade just below the 1,925-point zone. The outlook before the 18/05 session leans toward a divided state, with cash flow tending to be selective rather than spreading broadly across the entire market.
Overview of the previous session and early-week context
According to recorded data, VNINDEX is fluctuating around the nearby support zone of 1,915–1,920 points and faces the next resistance at 1,930–1,935 points. If this price base holds, the balanced state at the opening of the session is likely to be maintained.
If no new shock emerges from international developments over the weekend, the market is expected to open in a choppy state. Notably, investor sentiment may be locally affected by the legal issue involving PC1, while overheated rising stocks such as THD could create stronger volatility than the broader market.
Notable stocks on HOSE
| Group | Ticker | Change |
|---|---|---|
| Strong gainers | VAF | +11.1% |
| Strong gainers | HRC | +7.0% |
| Strong gainers | GAS | +6.9% |
| Strong decliners | FUCVREIT | -6.9% |
| Strong decliners | PIT | -6.8% |
| Strong decliners | VPG | -6.7% |
The advancing group on HOSE shows clear divergence, with VAF, HRC, and GAS standing out the most. Conversely, FUCVREIT, PIT, and VPG fell fairly sharply, reflecting correction pressure on certain individual stocks.
Liquidity and technical signals
In terms of liquidity, HPG led with 75.8M shares, followed by SHB with 39.4M and VIX with 31.9M. These stocks attracted considerable cash flow in the latest session and remain key watchpoints for the early-week trading.
| Ticker | Composite score | EMA trend | MACD trend |
|---|---|---|---|
| MSR | 78.1 | uptrend | uptrend |
| KSV | 75.8 | uptrend | uptrend |
| HCM | 74.6 | uptrend | uptrend |
Notable technical signals continue to lean positive with MSR, KSV, and HCM. In particular, the composite scores of all three stocks are at elevated levels, indicating that the price trend remains favorable in the short term.
HNX and UPCOM: trends remain divided
| Index | Value | Change |
|---|---|---|
| HNXINDEX | 257.4 | 0.0% |
| UPCOMINDEX | 126.4 | -0.2% |
| Exchange | Gaining stocks | Change | Declining stocks | Change |
|---|---|---|---|---|
| HNX | CVN | +10.0% | DDG | -14.3% |
| HNX | BTW | +10.0% | SPC | -9.7% |
| UPCOM | ATA | +25.0% | SNC | -38.5% |
| UPCOM | PXM | +20.0% | HKB | -16.7% |
On the other two exchanges, price movements were also highly divergent. CVN, BTW, ATA, and PXM rose sharply, while DDG, SPC, SNC, and HKB came under significant selling pressure.
Outlook and Risks for the 18/05 Session
The base scenario for the morning session of 18/05 is for the market to fluctuate mildly around the reference zone, then continue to selectively rotate capital across sector groups. The support zone near 1,915–1,920 points is the level to hold, while 1,930–1,935 points is the next resistance zone for VNINDEX.
- Short-term risks: sentiment is being affected by legal news surrounding PC1 and the high valuation of THD.
- Supportive signals: a number of stocks such as HCM, HDB, PVT, and SAB continue to maintain a positive technical trend.
- Key points to watch: how capital flow reacts at the 1,920-point zone of VNINDEX during the first half of the session.
Overall, the market at the start of the week is likely to continue its choppy trading pattern, with opportunities concentrated mainly in stocks showing strong technical signals and a clearly improving liquidity.