Noble Energy's most recent trend suggests a bearish bias. One trading opportunity on Noble Energy is a Bear Call Spread using a strike $48.75 short call and a strike $55.00 long call offers a potential 9.65% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $48.75 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $5.70 would be incurred if the stock rose above the $55.00 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 54.57 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
Pisani's markets: What's up with utilities?
Fri, 02 Jan 2015 14:35:00 GMT
U.S. says Noble Energy deal should move forward, boosts energy security
Tue, 30 Dec 2014 18:26:02 GMT
Reuters – UK Focus – The United States supports moving forward with offshore natural gas deals in the Mediterranean involving the U.S. company Noble Energy, a State Department spokesman said on Tuesday. U.S. Secretary of State …
U.S. says Noble Energy deal should move forward, boosts energy security
Tue, 30 Dec 2014 18:26:02 GMT
Reuters – The United States supports moving forward with offshore natural gas deals in the Mediterranean involving the U.S. company Noble Energy, a State Department spokesman said on Tuesday. U.S. Secretary of State …
Trading oil selloff
Mon, 29 Dec 2014 17:50:00 GMT
Credit Market Outlook: Tailwind From Declining Interest Rates Has Likely Run Its Course
Mon, 29 Dec 2014 12:00:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook