14-day Premium Trial Subscription Try For FreeTry Free
RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.

Red day on Friday for Noble Corporation
(Updated on Sep 04, 2020)

Hold candidate since Aug 13, 2020 PDF

No changes to the price of Noble Corporation stock on the last trading day (Friday, 4th Sep 2020). During the last trading day the stock fluctuated 0% from a day low at $0.0357 to a day high of $0.0357. The price has been going up and down for this period, and there has been a 0% change for the last 2 weeks.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Due to the high volatility and the trend direction we are not able to give forecast range for this stock.

Ready to grow your portfolio? Here's your beginner's guide to opening a free brokerage account.

NE Signals & Forecast

Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Noble Corporation stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at $0.0357 and $0.112. A break-up above any of these levels will issue buy signals. A sell signal was issued from a pivot top point on Thursday, September 03, 2020, and so far it has fallen 0%. Further fall is indicated until a new bottom pivot has been found. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Noble Corporation stock

Noble Corporation finds support from accumulated volume at $0.0350 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

In general the stock tends to have very controlled movements and therefore the general risk is considered very low. However, be aware of low or falling volume and make sure to keep an eye on the stock During the last day, the stock moved $0 between high and low, or 0%. For the last week the stock has had daily average volatility of 0%

Our recommended stop-loss: $0.0343 (-4.00%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 1 day ago.)

Trading Expectations (NE) For The Upcoming Trading Day Of Tuesday 8th

For the upcoming trading day on Tuesday, 8th we expect Noble Corporation to open at $0.0357, and during the day (based on 14 day Average True Range), to move between $0.0267 and $0.0447, which gives a possible trading interval of +/-$0.0090 (+/-25.14%) up or down from last closing price. If Noble Corporation takes out the full calculated possible swing range there will be an estimated 50.28% move between the lowest and the highest trading price during the day.

With no resistance above and support from accumulated volume @ $0.0350, some $0.0007 (1.96%) from the current price of $0.0357, our system finds the risk reward attractive.

Is Noble Corporation stock A Buy?

Noble Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: 0.000 Hold/Accumulate Unchanged

Zero in score indicates that our system is expecting high volatility and risk for the following trading day. Given the latest developments, we cannot determine the next direction as it may go both ways.

Predicted Opening Price for Noble Corporation of Tuesday, September 8, 2020

Fair opening price September 8, 2020 Current price
$0.0357 ( 0%) $0.0357

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NE

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.0357 .
R2 0.0357 .
R1 0.0357 .
Current price: 0.0357
Support S1 0.0357 .
S2 0.0357 .
S3 0.0357 .

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 0 .
R1 0 .
Current price 0.0357
Support S1 0.0350 -1.96%
S2 0.0348 -2.52%
S3 0 .

FAQ

What is the symbol for Noble Corporation Stock and on which exchange is it traded?
The symbol for Noble Corporation is NE and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Noble Corporation Stock?
Noble Corporation holds several negative signals and this should be a sell candidate, but due to the general chance for a turnaround situation it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Noble Corporation Stock?
Noble Corporation Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Noble Corporation Stock.

What's the current price of Noble Corporation Stock?
As of the end of day on the 2020-09-04, the price of an Noble Corporation (NE) share was $0.0357.

What is the 52-week high and low for Noble Corporation Stock?
The 52-week high for Noble Corporation Stock is $2.15 and the 52-week low is $0.0302.

What is the market capitalization of Noble Corporation Stock?
As of the 2020-09-04, the market capitalization of Noble Corporation is 6.495B.
Click to get the best stock tips daily for free!

About Noble Corporation

Noble Noble Corporation, together with its subsidiaries, operates as an offshore drilling contractor for the oil and gas industry worldwide. The company provides contract drilling services to the oil and gas industry through its fleet of mobile offshore drilling units. As of February 16, 2022, it operated a fleet of 20 offshore drilling units, which included 12 floaters and 8 jackups. The company was formerly known as Noble Holding Corporation plc. Nob... NE Profile

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE

ROCKIT