NE Makes Bullish Cross Above Critical Moving Average


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In trading on Friday, shares of Noble Corp plc (Symbol: NE) crossed above their 200 day moving average of $34.44, changing hands as high as $34.55 per share. Noble Corp plc shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of NE shares, versus its 200 day moving average: Noble Corp plc 200 Day Moving Average Chart

Looking at the chart above, NE's low point in its 52 week range is $28.67 per share, with $41.60 as the 52 week high point - that compares with a last trade of $34.50.

According to the ETF Finder at ETF Channel, NE makes up 2.88% of the Oil Services ETF (Symbol: OIH) which is trading up by about 1.2% on the day Friday.

Click here to find out which 9 other energy stocks recently crossed above their 200 day moving average »

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing Commodities
Referenced Stocks: NE , OIH

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