| Noble Energy is an independent energy company, engaged in crude oil and natural gas exploration and production. Co.'s operating areas include: United States onshore, primarily the DJ Basin, Delaware Basin; Eastern Mediterranean; and West Africa. Co.'s Midstream segment develops, owns, operates and acquires domestic midstream infrastructure assets, or invests in other midstream entities, with existing focus areas being the DJ and Delaware Basins. Co.'s activities include geophysical and geological evaluation, analysis of commercial, regulatory and political risks, and exploratory and development drilling leading to production, where appropriate. |
When researching a stock like Noble Energy, many investors are the most familiar with Fundamental Analysis — looking at a company's balance sheet, earnings, revenues, and what's happening in that company's underlying business. Investors who use Fundamental Analysis to identify good stocks to buy or sell can also benefit from NBL Technical Analysis to help find a good entry or exit point. Technical Analysis is blind to the fundamentals and looks only at the trading data for NBL stock — the real life supply and demand for the stock over time — and examines that data in different ways. One of those ways is to calculate a Simpe Moving Average ("SMA") by looking back a certain number of days. One of the most popular "longer look-backs" is the NBL 200 day moving average ("NBL 200 DMA"), while one of the most popular "shorter look-backs" is the NBL 50 day moving average ("NBL 50 DMA"). A chart showing both of these popular moving averages is shown on this page for Noble Energy. Comparing two moving averages against each other can be a useful visualization tool: by calculating the difference between the NBL 200 DMA and the NBL 50 DMA, we get a moving average convergence divergence indicator ("NBL MACD"). The NBL MACD chart, in conjunction with the chart of the moving averages, basically helps in visualizing how the moving averages are showing convergence (moving closer together), or divergence (moving farther apart).