Stock assessment September 16: Midcap and Penny may be adjusted

3 min read

Continue to sideways (Neutral)

Vn-Index is forecasted to continue moving sideways with a strong differentiation between stock lines in the region limited by the support level of 880-885 points and the resistance level of 895-905 points in the next few sessions. In general, BVSC still maintains a positive assessment on the market trend in the near future.

Will keep shaking (Neutral)

(MB Securities Company – MBS)

It is highly likely that in the next few sessions, the market will experience shaking waves to verify the inherent strength after a recovery process and this is considered a necessary movement for the index to increase sustainably.

High probability correction from resistance (Down)

(Securities Company SSI- SSI)

From the technical viewpoint, the VN-Index is currently facing the strong resistance zone of 900 – 906 points and with the above signals, the VN-Index is likely to correct to the support zone at 878-871 points. .

In case of correction, the VN-Index is more likely to bounce back to the strong support zone of 878-871. Therefore, accumulating stocks from the support zone 878-871 is a strategy worth considering.

Continue neutral (Neutral)

(Mirae Asset Securities Company (MAS))

Although the VN-Index is approaching the strong psychological threshold of 900 points, the short-term technical rating scale of Mirae Asset continues to maintain the rating of 0 points NEUTRAL and there is no change in the last 2 sessions.

Also try to exceed 900 points (Neutral)

(BIDV Securities Company – BSC)

According to BSC, in the next few sessions, VN-Index will continue trying to surpass 900 points but profit-taking pressure in this area is still strong enough to slow the index’s mid-term gaining process.

And tension differentiation (Neutral)

(Viet Capital Securities Joint Stock Company – VCSC)

Short-term technical signals remain Positive at all indexes. However, if the candlestick structure of VN-Index and VN30 shows consolidation, the candles of VNMidcap and VNSmallcap show more drastic profit taking. It is forecasted that tomorrow, the tension and differentiation might continue on a large scale. VN-Index, VN30 may continue to have efforts to increase points, going up to test the nearest peak at 903-905 points or 843-845 points.

Patient holding (Neutral)

(Vietnam Construction Securities Joint Stock Company -VNCSI)

VNCSI once again recommends investors to maintain their current CP portfolio and may open some more long positions in stocks that break out stronger than the market.

Continuing to struggle (Neutral)

(BOS Securities Company – ART)

Technically, technical indicators continue to send mixed signals, showing the struggling investors at the moment. While MACD, MFI showed signs of correction, RSI, Stoch, and ADX showed signs of continuing uptrend of the market. With signs from above technical indicators, the index is expected to continue struggling in 880 – 900 points in the next few sessions. Investors maintain their monitoring of the market and consider increasing their short-term trading position when the market falls.

Continue holding (Neutral)

(Yuanta Securities Vietnam JSC)

Yuanta believes that the VN-Index can still retest the psychological level of 900 points in the next session. At the same time, correcting pressure may increase on Midcaps and Smallcaps, but Yuanta assesses that the risks in these two groups are still low, so the correction may not affect the short-term uptrend on these two stock groups. Besides, the short-term sentiment indicator is still in the optimistic area, showing that the appropriate short-term strategy is to hold a high proportion of stocks in the portfolio.

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Source: bizlive.vn – Translated by fintel.vn