Noble Corporation's most recent trend suggests a bullish bias. One trading opportunity on Noble Corporation is a Bull Put Spread using a strike $31.00 short put and a strike $26.00 long put offers a potential 12.61% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $31.00 by expiration. The full premium credit of $0.56 would be kept by the premium seller. The risk of $4.44 would be incurred if the stock dropped below the $26.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Noble Corporation 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 Corporation is bullish.
The RSI indicator is at 51.78 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Noble Corporation
Ormonde Mining does 350m dollar tungsten supply deal with Noble
Mon, 24 Mar 2014 00:25:00 GMT
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Noble Corporation To Present At The Howard Weil 42nd Annual Energy Conference
Mon, 17 Mar 2014 15:37:26 GMT
noodls – LONDON, March 17, 2014 /PRNewswire/ — Noble Corporation (NYSE:NE) today announced that David W. Williams, Chairman, President and Chief Executive Officer, will present at the Howard Weil 42ndAnnual Energy …
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