In its latest trading session, Phoenix New Media Limited (NYSE:FENG) spiked up by 0.6% – here is what that looked like (as of 2019-12-04):
Why are these moves happning?? To have a greater insight of what is happening, We ought to analyze some technical indicators. As we see it, you should pay the most attention to the following:
A Money Flow Index (MFI) of 100.0, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of 100.0, a Moving Average Convergence Divergence (MACD) of -0.001, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.079, an Accumulation/Distribution Index (ADI) of 0.079, an On-Balance Volume (OBV) of 22.03, and a Chaiikin Money Flow (CMF) of -3.13. 6.0
So what do these technical indicators mean? Let’s see. According to Trading View, this is what it all means:
So there you have it – our analysis of Phoenix New Media Limited (NYSE:FENG). And finally, make sure to DO YOUR OWN RESEARCH! Take the above with a grain of salt, and do your own research.