Noble Energy's most recent trend suggests a bearish bias. One trading opportunity on Noble Energy is a Bear Call Spread using a strike $67.50 short call and a strike $72.50 long call offers a potential 12.36% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $67.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $72.50 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 31.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Noble Energy
Anadarko Petroleum: The Never Ending Story
Tue, 14 Jan 2014 20:36:00 GMT
Barrons.com – One month ago, a bankruptcy judge determined that Anadarko Petroleum (APC) had fraudulently spun out Tronox before the latter's bankruptcy and ruled that Anadarko should be liable for between $5 billion …
Ridgewood Energy Closes Latest Fund At $1.1 Billion
Mon, 13 Jan 2014 14:30:00 GMT
PR Newswire – MONTVALE, N.J. and HOUSTON, Jan. 13, 2014 /PRNewswire/ — Ridgewood Energy Corp. (“Ridgewood Energy” or “Ridgewood”), a private upstream oil and gas investment company based in Montvale, …
35 Trillion Reasons Why Israel Could Be a Game Changer
Sun, 12 Jan 2014 21:06:24 GMT
Motley Fool – Noble Energy's major finds off the coast of Israel and Cyprus may carry you to royalty.
A Promising Development for Noble Energy
Thu, 09 Jan 2014 19:07:56 GMT
Motley Fool – Having recently signed its first long-term agreement to supply gas from Israel’s Leviathan field, Noble Energy’s prospects in the region look even better.
Who Will Israel Sell Its Gas To?
Thu, 09 Jan 2014 16:39:00 GMT
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