NOBLE ENERGY INC.
NOBLE ENERGY INC.
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: NBL
ISIN:

NOBLE ENERGY INC. - Daily - Technical analysis published on 09/26/2019 (GMT)

  • Who voted?
  • 141
  • 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
  • Timeframe : Daily
  • - Analysis generated on
  • Status : INVALID

Download a full-size picture

Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
22%
33%
44%
My opinion
Bullish above 20.62 USD
My targets
23.06 USD (+0.30%)
25.63 USD (+11.48%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 20.62 USD remains possible. It is advisable to trade NOBLE ENERGY INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 20.62 USD. The next bullish objective for buyers is set at 23.06 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 25.63 USD. If there is any crossing, the next objective would be the resistance located at 28.04 USD. PS: if there is a bearish break in the support located at 20.62 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
1.8

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay.

Additional analysis

Quotes

NOBLE ENERGY INC. rating 22.99 USD. On the day, this instrument gained +1.41% and was between 22.33 USD and 23.13 USD. This implies that the price is at +2.96% from its lowest and at -0.61% from its highest.

22.33
23.13
22.99

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by NOBLE ENERGY INC.:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of NOBLE ENERGY INC. in Daily shows an overall bullish trend. 64.29% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals several bearish signals that could impact this trend:

Central Indicators

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily


Bearish price crossover with adaptative moving average 20

Type : Bearish

Timeframe : Daily



An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Momentum indicator is back under 0

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows several results that can have an impact on the price change:

Central Patterns

Near horizontal support

Type : Bullish

Timeframe : Daily


Support of channel is broken

Type : Bearish

Timeframe : Daily



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 16.96 19.73 20.62 22.99 23.06 25.63 28.04
Change (%) -26.23% -14.18% -10.31% - +0.30% +11.48% +21.97%
Change -6.03 -3.26 -2.37 - +0.07 +2.64 +5.05
Level Major Intermediate Intermediate - Major Major Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard21.5122.0422.3622.8923.2123.7424.06
Camarilla22.4422.5122.5922.6722.7522.8322.90
Woodie21.4021.9922.2522.8423.1023.6923.95
Fibonacci22.0422.3722.5722.8923.2223.4223.74


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.4120.2221.6924.5025.9628.7730.24
Camarilla21.9722.3722.7623.1523.5423.9324.33
Woodie16.7419.8921.0124.1625.2928.4429.56
Fibonacci20.2221.8622.8724.5026.1327.1428.77


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard17.7318.9920.7922.0523.8525.1126.91
Camarilla21.7422.0222.3022.5822.8623.1423.42
Woodie17.9919.1321.0522.1924.1125.2527.17
Fibonacci18.9920.1620.8922.0523.2223.9425.11

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 48.29
MACD (12,26,9): 0.3000
Directional Movement: 3.95
AROON (14): 42.86
DEMA (21): 23.86
Parabolic SAR (0,02-0,02-0,2): 26.46
Elder Ray (13): -0.77
Super Trend (3,10): 22.16
Zig ZAG (10): 22.99
VORTEX (21): 0.9900
Stochastique (14,3,5): 22.80
TEMA (21): 23.79
Williams %R (14): -77.98
Chande Momentum Oscillator (20): -0.77
Repulse (5,40,3): -0.2100
ROCnROLL: -1
TRIX (15,9): 0.3600
Courbe Coppock: 7.71
MA7: 23.55
MA20: 23.51
MA50: 22.30
MA100: 22.15
MAexp7: 23.39
MAexp20: 23.36
MAexp50: 22.77
MAexp100: 22.66
Price / MA7: -2.38%
Price / MA20: -2.21%
Price / MA50: +3.09%
Price / MA100: +3.79%
Price / MAexp7: -1.71%
Price / MAexp20: -1.58%
Price / MAexp50: +0.97%
Price / MAexp100: +1.46%

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Online

Overall rating :
15134
Number of analyses :
Followers :
0
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

Add a comment

no pic

Comments

0 comments on the analysis NOBLE ENERGY INC. - Daily