Phoenix New Media Ltd ADR (FENG) Stock: What Does the Chart Say Friday?

The market has been high on Phoenix New Media Ltd ADR (FENG) stock recently. FENG gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Phoenix New Media Ltd ADR has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on FENG!

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What is Stock Sentiment?

Sentiment uses short term technical analysis to gauge whether a stock is desired by investors. As a technical indicator, it focuses on recent trends as opposed to the long term health of the underlying company. Updates for the company such as a earnings release can move the stock away from current trends. Changes in price are generally the best indicator of sentiment for a particular stock. At its core, a stock's trend indicates whether current market sentiment is bullish or bearish. Investors must be bullish if a stock is trending upward, and are bearish if a stock is moving down. InvestorsObserver's Sentiment Indicator factors in both price changes and variations in volume. An increase in volume usually means a current trend is stengthening, while a drop in volume tends to signal a reversal to the ongoing trend. Our system also uses the options market in order to receive additional signals on current sentiments. We take into account the ratio of calls and puts for a stock since options allow an investor to bet on future changes in price.

What's Happening With FENG Stock Today?

Phoenix New Media Ltd ADR (FENG) stock is down -1.7% while the S&P 500 is higher by 0.47% as of 12:54 PM on Friday, Dec 1. FENG is lower by -$0.02 from the previous closing price of $1.47 on volume of 61,956 shares. Over the past year the S&P 500 has risen 12.48% while FENG is lower by -43.14%. FENG lost -$0.80 per share in the over the last 12 months. To screen for more stocks like Phoenix New Media Ltd ADR click here.

More About Phoenix New Media Ltd ADR

Phoenix New Media Ltd is a media company providing premium content on an integrated platform across the internet, mobile and TV channels in China. The company organizes its operations into two main segments: Net advertising services and Paid services. It provides its content and services through three major channels: ifeng.com channel, video channel and mobile channel. The company also offers a wide range of paid services including mobile value-added services, games, and content sales. It generates the majority of its revenue from Net advertising services. Geographically, it derives revenue from China. Click Here to get the full Stock Report for Phoenix New Media Ltd ADR stock.