Noble Energy's most recent trend suggests a bullish bias. One trading opportunity on Noble Energy is a Bull Put Spread using a strike $55.00 short put and a strike $47.50 long put offers a potential 8.7% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $6.90 would be incurred if the stock dropped below the $47.50 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 41.88 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 INC Files SEC form 8-K, Entry into a Material Definitive Agreement, Financial Statements and Exhibits
Fri, 07 Nov 2014 18:52:25 GMT
Why Dominion is offering a master limited partnership
Wed, 05 Nov 2014 21:00:50 GMT
NOBLE ENERGY INC Financials
Wed, 05 Nov 2014 18:04:15 GMT
Voters in Heart of Texas Drilling Boom Ban Fracking
Wed, 05 Nov 2014 13:08:03 GMT
Cramer: Oil Screams Deflation
Tue, 04 Nov 2014 10:28:00 GMT
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