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Noble Energy Bullish Moving Average Crossover Alert (NBL)

By Nick Russo

Today, shares of Noble Energy (NYSE:NBL) have advanced above their 10-day MA of $34.10 on a volume of 434K shares. This may provide swing traders with an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Noble Energy share prices have moved between a 52-week high of $52.69 and a 52-week low of $23.77 and are now trading 45% above that low price at $34.51 per share. In the last five trading sessions, the 50-day moving average (MA) has climbed 1.3% while the 200-day MA has remained constant.

SmarTrend is tracking the current trend status for Noble Energy and will alert subscribers who have NBL in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses Noble Energy

Ticker(s): NBL