In trading on Friday, shares of Noble Energy, Inc. (Symbol: NBL) crossed below their 200 day moving average of $33.54, changing hands as low as $32.77 per share. Noble Energy, Inc. shares are currently trading down about 2.8% on the day. The chart below shows the one year performance of NBL shares, versus its 200 day moving average:
Looking at the chart above, NBL’s low point in its 52 week range is $23.77 per share, with $39.85 as the 52 week high point – that compares with a last trade of $33.08. According to the ETF Finder at ETF Channel, NBL makes up 5.54% of the First Trust ISE-Revere Natural Gas Index Fund ETF (Symbol: FCG) which is trading lower by about 2.5% on the day Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.