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

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?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With FENG Stock Today?

Phoenix New Media Ltd ADR (FENG) stock has risen 4.17% while the S&P 500 is down -1.86% as of 12:18 PM on Wednesday, Mar 15. FENG is higher by $0.10 from the previous closing price of $2.40 on volume of 15,997 shares. Over the past year the S&P 500 has fallen -7.83% while FENG is down -23.55%. FENG lost -$4.37 per share in the over the last 12 months.

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.