Noble Energy's most recent trend suggests a bearish bias. One trading opportunity on Noble Energy is a Bear Call Spread using a strike $57.50 short call and a strike $62.50 long call offers a potential 11.11% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $57.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $62.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Noble Energy is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Noble Energy is bearish.
The RSI indicator is at 46.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Noble Energy
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Wed, 05 Nov 2014 21:00:50 GMT
NOBLE ENERGY INC Financials
Wed, 05 Nov 2014 18:04:15 GMT
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Wed, 05 Nov 2014 13:08:03 GMT
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Tue, 04 Nov 2014 10:28:00 GMT
Fracking Advocates Urged to Win Ugly by Discrediting Foes
Fri, 31 Oct 2014 04:00:31 GMT
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