Noble Energy Bullish Moving Average Crossover Alert (NBL)
Noble Energy (NYSE:NBL) shares have crossed bullishly above their 10-day moving average of $35.50 on a volume of 276K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.
In the past 52 weeks, shares of Noble Energy have traded between a low of $23.77 and a high of $52.69 and are now at $35.65, which is 50% above that low price. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 1.3%.
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