Noble Energy's most recent trend suggests a bearish bias. One trading opportunity on Noble Energy is a Bear Call Spread using a strike $45.00 short call and a strike $50.00 long call offers a potential 25% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $45.00 by expiration. The full premium credit of $1.00 would be kept by the premium seller. The risk of $4.00 would be incurred if the stock rose above the $50.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Noble Energy
OPEC's Big Gamble: Will it Agree on Oil Production Cut?
Wed, 26 Nov 2014 20:05:03 GMT
Magellan Midstream to Continue its Saddlehorn Open Season
Wed, 26 Nov 2014 19:45:02 GMT
Turkish Cypriots to Greek Cypriots: Cut gas deal or forfeit peace deal
Wed, 26 Nov 2014 08:33:48 GMT
Reuters – UK Focus – A peace settlement in Cyprus is not possible unless Greek Cypriots cut a deal on natural gas exploration with the Turkish-backed breakaway state in the north of the island, the chief Turkish Cypriot negotiator …
Tamar gas group plans upgrade, including pipeline to Egypt
Thu, 20 Nov 2014 10:47:40 GMT
Noble Energy to Grow on Diversified Portfolio, Prices a Threat
Wed, 19 Nov 2014 21:00:02 GMT
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