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Downtrend Call Working As Noble Energy Inc Stock Falls 17.8% (NBL)

By Nick Russo

SmarTrend identified a Downtrend for Noble Energy Inc (NYSE:NBL) on May 3rd, 2019 at $25.28. In approximately 1 month, Noble Energy Inc has returned 17.84% as of today's recent price of $20.77.

Over the past year, Noble Energy Inc has traded in a range of $17.11 to $37.76 and is now at $20.69, 21% above that low. In the last five trading sessions, the 50-day moving average (MA) has fallen 1% while the 200-day MA has slid 0.5%.

Noble Energy, Inc., an independent energy company, engages in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids worldwide. It owns, operates, develops, and acquires domestic midstream infrastructure assets in the DJ and Delaware Basins.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Noble Energy Inc.

Log in and add Noble Energy Inc (NBL) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights noble energy inc

Ticker(s): NBL