Noble Energy's most recent trend suggests a bearish bias. One trading opportunity on Noble Energy is a Bear Call Spread using a strike $75.00 short call and a strike $80.00 long call offers a potential 5.26% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $75.00 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 $80.00 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 at 36.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Noble Energy
Noble Energy Beats on Q2 Earnings, Projects Modest Volumes
Thu, 24 Jul 2014 19:30:14 GMT
NBL, RIG And NOV, Pushing Energy Industry Downward
Thu, 24 Jul 2014 17:03:00 GMT
Lack of infrastructure curbs Noble Energy's U.S. output
Thu, 24 Jul 2014 16:53:49 GMT
Why Noble Energy (NBL) Stock Is Falling Today
Thu, 24 Jul 2014 16:43:00 GMT
Noble Energy 2Q profit falls 49 percent
Thu, 24 Jul 2014 15:23:20 GMT
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