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Noble Energy Inc Crosses Above its 10-day MA (NBL)

By James Quinn

Noble Energy Inc (NYSE:NBL) shares have crossed bullishly above their 10-day moving average of $31.65 on a volume of 720K 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 Inc have traded between a low of $24.29 and a high of $37.76 and are now at $31.84, which is 31% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 1%.

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

Keywords: moving crosses noble energy inc

Ticker(s): NBL