Noble Energy's most recent trend suggests a bearish bias. One trading opportunity on Noble Energy is a Bear Call Spread using a strike $37.50 short call and a strike $42.50 long call offers a potential 5.26% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $37.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $42.50 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 47.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Noble Energy
What’s EQT’s Stock Price Forecast ahead of Q2 Earnings?
Thu, 19 Jul 2018 13:01:42 +0000
Current implied volatility in EQT’s (EQT) stock is ~33.23%, 3.23% higher than its 15-day average of 32.19%. Meanwhile, the Energy Select Sector SPDR ETF (XLE) has an implied volatility of 17.4%, ~8.42% lower than its 15-day average of $19.00.
See what the IHS Markit Score report has to say about Noble Energy Inc.
Thu, 19 Jul 2018 12:03:46 +0000
This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on July 13. Over the last one-month, outflows of investor capital in ETFs holding NBL totaled $212 million.
Energy Earnings: 8 Stocks to Buy Now
Wed, 18 Jul 2018 18:36:00 +0000
This earnings season, strong oil prices, higher production, and lower costs are in exploration and production companies' favor, writes Credit Suisse's William Featherston. Featherston takes a look at the …
What Has Been Fueling Anadarko Petroleum Stock?
Wed, 18 Jul 2018 16:11:42 +0000
Anadarko Petroleum (APC) stock has been on a significant uptrend this year due to the rally in crude oil prices (DBO). Anadarko Petroleum was also supported by strong first-quarter earnings. In the fourth quarter of 2017, Anadarko Petroleum’s EPS was positive for the first time since the first quarter of 2016.
Crude Oil Bears Could Overshadow Oil Bulls
Wed, 18 Jul 2018 14:20:02 +0000
August WTI oil futures contracts fell 0.7% in early morning trading on July 18. Brent and WTI crude oil futures rose ~0.5% and ~0.03%, respectively, on July 17.
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