Noble Energy's most recent trend suggests a bullish bias. One trading opportunity on Noble Energy is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 6.38% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Noble Energy is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Noble Energy is bullish.
The RSI indicator is at 66.91 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Noble Energy
Noble Energy Continues to Shine in Colorado’s DJ Basin
Sat, 15 Feb 2014 13:01:58 GMT
Dicker: E+P Companies Are a Buy, but at a Price
Wed, 12 Feb 2014 21:22:00 GMT
Energy E+P Companies Are a Buy, but Be Selective on Price
Wed, 12 Feb 2014 20:28:00 GMT
NOBLE ENERGY INC Financials
Wed, 12 Feb 2014 18:04:10 GMT
Tamar partners want to sell $15B of gas to surrounding nations, Globes says
Tue, 11 Feb 2014 17:30:55 GMT
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