Noble Energy's most recent trend suggests a bullish bias. One trading opportunity on Noble Energy is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 11.11% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 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 dropped below the $65.00 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 42.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Noble Energy
Gabon signs offshore oil contracts with six companies
Fri, 08 Aug 2014 14:46:06 GMT
Reuters – UK Focus – Gabon's oil ministry said on Friday it had signed seven oil contracts with six companies as part of an offshore licensing round expected to attract at least $1.1 billion in investment to the sector. The …
Activists Drop Colorado Fracking Curbs in Energy Deal
Wed, 06 Aug 2014 04:01:00 GMT
Noble Energy (NBL) in Focus: Stock Adds 5.2% in Session
Tue, 05 Aug 2014 11:03:26 GMT
Why Noble Energy (NBL) Stock Is Gaining Today
Mon, 04 Aug 2014 19:56:00 GMT
Colorado Governor Strikes Deal Seen Avoiding Fracking Curbs
Mon, 04 Aug 2014 18:02:17 GMT
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