Noble Energy's most recent trend suggests a bearish bias. One trading opportunity on Noble Energy is a Bear Call Spread using a strike $65.00 short call and a strike $70.00 long call offers a potential 9.89% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $65.00 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock rose above the $70.00 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 below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Noble Energy
This Little-Known Natural Gas Company Might Have Sparked the Formation of a New, Super OPEC
Sun, 02 Feb 2014 14:09:56 GMT
Time to Get Back in the Game
Sat, 01 Feb 2014 13:55:00 GMT
Investment Strategy Shift to High Dividend Payers in the Major Oil Producers Sector: A Wall Street Transcript Interview with Oswald Clint of Sanford C. Bernstein & Co., LLC, Senior Research Analyst Covering the European and Russian Majors a
Fri, 31 Jan 2014 19:58:00 GMT
Jim Cramer: Facebook, Under Armour Are Great Tech Stocks
Thu, 30 Jan 2014 17:05:00 GMT
Noble Energy Declares Quarterly Dividend
Tue, 28 Jan 2014 14:41:00 GMT
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