FENG NEWS why is Phoenix New Media Limited price falling or rising

FENG NEWS reasons for why stock price of Phoenix New Media Limited is falling or rising

FENG Phoenix New is falling or rising technical reasons

Technical analysis forecast for Phoenix New Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Phoenix New FENG at this time. Stock is falling and might fall more.

It appears as if Phoenix New FENG gave a large move recently.

Stock of Phoenix New (FENG) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Phoenix New is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Phoenix New stays below 2.2, but if it comes above 2.2, then a intra day buy could be more profitable.
If you take a sell trade below 2.2, then use 2.2 as stoploss and 2.1 as target. However if you take a buy trade in Phoenix New, then use 2.2 as stoploss and 2.31 as target.

FENG Phoenix New is falling or rising NEWS fundamental reasons

More announcements and NEWS

FENG Phoenix New Media Limited current price & indicator signals

Moving Averages for Phoenix New Media Limited

5Day Average: 2.32
12Day Average: 2.25
20Day Average: 2.23
50Day Average: 2.36
100Day Average: 2.44
150Day Average: 2.61
200Day Average: 2.75

FENG Indicators & signals

Indicator MACD (12,26,9)

2.28, 2.31, -0.04
Indicator MACD is in negative zone

Indicator ADX (14)

6.67, 43.75, 50
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of FENG Phoenix New Media Limited are as follows: Daily volume is divided by 10 day averaged volume

Date	Close	Range	Change %	Volume
28 Fri Mar 2025	2.18	2.18 to 2.18	-8.02%	1.25 times
26 Wed Mar 2025	2.37	2.37 to 2.37	0%	0.12 times
24 Mon Mar 2025	2.37	2.25 to 2.45	-0.84%	1.9 times
21 Fri Mar 2025	2.39	2.39 to 2.39	4.82%	0.04 times
20 Thu Mar 2025	2.28	2.28 to 2.28	0%	0.04 times
19 Wed Mar 2025	2.28	2.20 to 2.37	2.24%	0.18 times
18 Tue Mar 2025	2.23	2.23 to 2.32	-2.19%	0.19 times
17 Mon Mar 2025	2.28	2.02 to 2.30	8.57%	2.04 times
14 Fri Mar 2025	2.10	2.10 to 2.22	-4.98%	2.6 times
13 Thu Mar 2025	2.21	2.14 to 2.30	0.45%	1.08 times
12 Wed Mar 2025	2.20	2.10 to 2.28	1.85%	1.82 times
11 Tue Mar 2025	2.16	2.13 to 2.24	-1.82%	0.34 times