Shares of Noble Energy Rise Above Previous 52-Week High

Published on Tue, 01/22/2013 - 15:25
By Peter Chu in 52 Week high-lows, NBL, 52 week high/lows, noble energy, nyse:nbl

Noble Energy (NYSE:NBL) traded at a new 52-week high today of $107.48. So far today approximately 629,000 shares have been exchanged, as compared to an average 30-day volume of 915,000 shares.

Noble Energy (NYSE:NBL) has potential upside of 14.9% based on a current price of $107.48 and analysts' consensus price target of $123.50. The stock should find initial support at its 50-day moving average (MA) of $99.80 and further support at its 200-day MA of $92.13.

Noble Energy share prices have moved between a 52-week high of $107.48 and a 52-week low of $76.83 and are now trading 40% above that low price at $107.48 per share. The 200-day and 50-day moving averages have moved 0.20% higher and 1.06% higher over the past week, respectively.

Noble Energy, Inc. is an independent energy exploration and production company. The Company explores for and produces crude oil, natural gas, and natural gas liquids. Noble Energy operates primarily in the Rocky Mountains, Mid-continent, and deepwater Gulf of Mexico areas in the US, with key international operations offshore Israel, the North Sea and West Africa.

By Peter Chu
pchu@fnno.com

Latest News from FNNO

Watch for Continued Gains in Shares of W...

Weingarten Realty Investors (NYSE:WRI) traded today at a new 52-week high of $34.07. S ...

VCA Antech Looks to Continue to Trade Ab...

Shares of VCA Antech (NASDAQ:WOOF) traded at a new 52-week high today of $38.05. So fa ...

WellPoint: 52-Week High Recently Eclipse...

WellPoint (NYSE:WLP) traded at a new 52-week high today of $116.26. Approximately 1.5 ...

Shares of Whiting Petroleum Rise Above P...

Whiting Petroleum (NYSE:WLL) traded today at a new 52-week high of $88.90. This new hi ...

Windstream: The Winning Streak Continues...

Shares of Windstream (NASDAQ:WIN) traded today at $10.35, breaking its 52-week high. S ...

Shares of Vanguard Natural Resources Ris...

Shares of Vanguard Natural Resources (NYSE:VNR) traded at a new 52-week high today of $ ...

Watch for Continued Gains in Shares of U...

Union Pacific (NYSE:UNP) traded today at a new 52-week high of $102.98. So far today a ...

Take-Two Interactive Software: The Winni...

Shares of Take-Two Interactive Software (NASDAQ:TTWO) traded today at $23.48, breaking ...