VN-Index could continue its uptrend to the 1,820-1,830 point range

VnEconomy presents assessments and investment recommendations from several securities firms on market developments for April 16, 2026. TVS argues that the market structure remains highly differentiated and still overly dependent on the upturn in the VinGroup group, while other sectors mostly range or decline. At the close on April 15, the VN-Index rose 25 points, or 1.41%, to 1,800.65 points. The HNX-Index rose 0.31 points, or 0.12%, to 252.72. Divergence in performance is likely to continue in coming sessions. BVSC: “With positive score support from the large-cap group, the VN-Index continued to gain from the start of the session and closed above 1,800 points. However, stock movements still show clear divergence and market breadth favors decliners. Divergence may continue in subsequent sessions. The April futures expiry also causes the market to experience strong fluctuations by the end of tomorrow’s session. Investors should maintain positions in short-term holdings and gradually raise trailing stops to lock in profits. Trading activity may continue to open positions during market dips and corrections. Focus on sectors: banks, real estate, securities, retail, steel, and industrial zones.” The uptrend today, however, is not expected to persist indefinitely. (BSC) VN-Index surged 25 points today and closed at 1,800.65 points thanks to the pull from VinGroup stocks, while overall trading remained subdued. Market breadth was negative with 14 of 18 sectors down, with Basic Resources, Communications, and Retail among the biggest decliners. Conversely, Real Estate and Tourism & Leisure rose about 5%. In foreign trading, the sector traded with net selling of about 3.5 trillion VND on the HSX and net buying on the HNX and UPCOM. The skew toward gains today is unlikely to persist; investors should trade cautiously in coming sessions.” SHS: “The VN-Index’s short-term trend after a positive accumulation phase is expanding the rebound toward around 1,800 points, the highest level in 2025, with rising price-supply pressure for many names after the rebound. The VN-Index could extend its gains toward 1,830–1,850 points, corresponding to the trend line connecting the high prices of January 2026 and February 2026. Short-term strategy (less than 1 month): Although the market may continue to rise, we advise investors to pause new purchases and take profits on rallies.” VCBS: “The VN-Index ended higher, conquering the major resistance at 1,800 with liquidity support. On the daily chart, the VN-Index has broken above the upper band of the Bollinger Bands. The RSI indicator remains upward, and the MACD is widening in positive territory. These technical signals reinforce the current momentum and suggest the uptrend may continue. On the hourly chart, the CMF money-flow has turned upward again, confirming ongoing buying. However, RSI is in overbought territory in the short term, implying risk. Thus, despite buying pressure, the market is likely to see some volatility and consolidation around 1,800 in coming sessions to absorb profit-taking before a new trend is confirmed. The market continues to rise, led by VinGroup and other large-cap stocks, but there is also strong divergence between leading stocks and the rest of the market. In a context where the overall index is approaching resistance and breadth is skewed toward declines, we advise investors to remain cautious and consider realizing profits on stocks that have reached near-term targets, and to avoid chasing stocks that have surged or are near strong resistance.” VCSC: “Technically, the upside for the VN-Index remains intact with a near-term target around 1,825 points. Immediate support is around 1,765–1,775 points. If the index corrects, buying demand is expected to return more clearly in the Banks, Retail and Consumer sectors around support. These groups could also help balance the impact from VinGroup in coming sessions.” TVS: “The VN-Index rose 25 points (+1.4%), closing at 1,800.7 points. The up move was driven mainly by VinGroup-led stocks VIC and VHM. Market liquidity improved with total trading value up 9.2% versus the previous session. The VN-Index has hit our target near the strong resistance at 1,800, which is also the year-high of 2025. We believe that with a highly differentiated market structure and over-dependence on VinGroup’s upside, while other sectors mostly flat or down, selling pressure around 1,800 could rise and pull the VN-Index lower. In the next few sessions, we continue to maintain a cautious view around 1,800 and investors should avoid new buying at this region and maintain stock exposure at a safe level.” YSVN: “The VN-Index’s short-term trend after active accumulation remains positive but the next moves could be limited. The index could continue to rise toward 1,820–1,830 points in the remaining sessions of the week. Strategy for the short term (less than a month): Although the market may continue to advance, we recommend investors pause new purchases and consider taking profits on rallies.” VCBS: “The VN-Index’s up-move continues with a near-term target around 1,825 points. Near-term support sits at 1,765–1,775 points. If the index pulls back, buying interest is likely to return more clearly in Banks, Retail and Consumer sectors around support, which could help balance VinGroup’s influence in the coming sessions.” Market view notes: The market commentary from various securities firms cited by VnEconomy is for information purposes only and may reflect conflicts of interest with investors. The authoritative investment decisions should be made by readers based on their own analysis. Other market highlights and related articles are listed for reader convenience and do not form part of the core analysis.