Noble Energy Inc (NBL) Technical Analysis
NYSE:NBL
Current stock price
NBL Technical Rating and Analysis
Taking everything into account, NBL scores 0 out of 10 in our technical rating. NBL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 95% of all other stocks performed better in the past year than NBL.
- NBL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NBL is lagging the market.
- In the last month NBL has a been trading in the 8.12 - 9.90 range, which is quite wide. It is currently trading near the lows of this range.
- NBL has an average volume of 14518300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NBL Weekly and Daily overview Charts
NBL Setup Rating and Analysis
NBL has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
NBL Support and Resistance Analysis
8.25
We found 1 important support area.
- A support zone ranging from 8.33 to 8.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.60 to 8.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.29 to 9.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.05 from a horizontal line in the daily time frame.
- Resistance @10.36 from a trend line in the weekly time frame.
NBL Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NBL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NBL is down. |
| ChartMill Relative Strength | 5.96 | NEGATIVE | NBL has a low relative strength, it was outperformed by 94.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NBL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NBL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NBL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.59 | NEUTRAL | The RSI value for NBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NBL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 16.28 | OVERSOLD | The low Stochastics value suggests NBL may be oversold. |
| Average True Range in percent/ATR (20) | 3.87 | MEDIUM VOLATILITY | The ATR as a percentage value for NBL suggests some volalility. |
NBL Chart- and CandleStick Pattern Analysis
NBL Technicals: Chart, Performance Metrics, Trend & Indicators
8.46
+0.12 (+1.44%)
Noble Energy Inc / NBL TA FAQ
What is the technical rating for NBL stock?
ChartMill assigns a technical rating of 0 / 10 to NBL.
What is the current trend direction of Noble Energy Inc (NBL) stock?
The current trend direction for Noble Energy Inc (NBL) is Bearish.
What is the RSI signal for NBL stock?
Noble Energy Inc (NBL) has an RSI value of 33.591. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Noble Energy Inc?
The buy/sell signal for Noble Energy Inc (NBL) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for Noble Energy Inc (NBL) stock?
Noble Energy Inc (NBL) has a support level at 8.45 and a resistance level at 8.6. Check the full technical report for our detailed analysis of NBL support and resistance levels.