Noble Energy Technical Analysis (NYSE:NBL)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Noble Energy stock price data and volume are plotted in NBL stock charts and these trading charts form the basis of technical analysis.
View technical indicators like moving averages - SMA and EMA, and bollinger bands for Noble Energy. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Noble Energy stock analysis.
Noble Energy Moving Average
Moving averages show the NBL stock price trend. The two most popular types of moving averages are the Simple Moving Average or SMA and the Exponential Moving Average or EMA. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Noble Energy are mostly signals of long term trends and will help long term traders.
Noble Energy Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Noble Energy. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. The stock price is trading between the average and the lower band in the context of Noble Energy bollinger bands.
Noble Energy Moving Average Convergence Divergence or MACD
Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The Noble Energy MACD line is below the signal line.
Noble Energy Relative Strength Index
This technical indicator compares the relative strength or weakness of a stock. It measures the magnitude of rise or fall in stock price movements . 15.79 is the RSI value of NBL stock.