HNX 30 (Vietnam) Technical Analysis

HNX30 Index   364.25  4.24  1.18%   

HNX 30 Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as HNX30, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to HNX30
HNX 30's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
HNX 30 technical index analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, index market cycles, or different charting patterns.
A focus of HNX 30 technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of HNX 30 trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

HNX 30 Trend Analysis

Use this graph to draw trend lines for HNX 30. You can use it to identify possible trend reversals for HNX 30 as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual HNX 30 price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

HNX 30 Best Fit Change Line

The following chart estimates an ordinary least squares regression model for HNX 30 applied against its price change over selected period. The best fit line has a slop of   0.31  , which means HNX 30 will continue generating value for investors. It has 122 observation points and a regression sum of squares at 3571.68, which is the sum of squared deviations for the predicted HNX 30 price change compared to its average price change.