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 6.38% return on risk over the next 10 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 $0.30 would be kept by the premium seller. The risk of $4.70 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Noble Energy
Israel to build natural gas pipeline to Jordan, Bloomberg reports
Wed, 08 Jan 2014 16:57:44 GMT
Attention Investors Looking For European Hot Spots! Look to the High Seas
Wed, 08 Jan 2014 15:04:02 GMT
Motley Fool – With the North Sea not the same field that it once was, companies like ExxonMobil, Noble Energy and Statoil are turning to some other offshore areas for new oil and natural gas production.
Noble Energy upgraded by Howard Weil
Wed, 08 Jan 2014 14:36:29 GMT
Noble Energy upgraded to Focus List from Outperform at Howard Weil
Wed, 08 Jan 2014 14:33:54 GMT
Oil & Gas Service Bundles Drive Profits: A Wall Street Transcript Interview with Edward C. Muztafago, a Vice President of Investment Research in the Oilfield Services and Equipment Sector at Societe Generale
Tue, 07 Jan 2014 15:59:00 GMT
Wall Street Transcript – 67 WALL STREET, New York – January 7, 2014 – The Wall Street Transcript has just published its Oil & Gas: Drilling Equipment and Services Report offering a timely review of the sector to serious investors …
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