Technical Analysis for NE - Noble Corporation New - Switzerland

Grade Last Price % Change Price Change
grade F 0.205 -10.05% -0.02
NE closed down 10.05 percent on Thursday, July 30, 2020, on 43 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical NE trend table...

Date Alert Name Type % Chg
Bollinger Band Squeeze Range Contraction 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Bollinger Band Squeeze Range Contraction -10.05%

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Profile

Noble Corporation operates as an offshore drilling contractor for the oil and gas industry. The company offers contract drilling services for oil and gas wells. Its drilling fleet consists of 14 semisubmersibles, 14 drillships, 49 jackups, and 2 submersibles, including 11 units under construction that comprises 5 ultra-deepwater, harsh environment drillships and 6 heavy-duty, harsh environment jackups. The company also provides services for drilling and workover activities; and undertakes refurbishment projects for rigs, as well as offers personnel necessary to manage and perform the drilling operations from a drilling platform owned by the operator. Noble Corporation conducts its contract drilling operations principally in the U.S. Gulf of Mexico and Alaska, Mexico, Brazil, the North Sea, the Mediterranean, West Africa, the Middle East, India, Australia, and the Asian Pacific. The company was founded in 1921 and is headquartered in Baar, Switzerland.
Technology Petroleum Industry Construction Petroleum Production Oil And Gas Industry Offshore Drilling Oil And Gas Wells Drilling Rig Offshore Engineering Drillship Contract Drilling Services Maersk Drilling Odfjell Drilling Offshore Drilling Contractor

Is NE a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 2.15
52 Week Low 0.12
Average Volume 20,189,120
200-Day Moving Average 0.66
50-Day Moving Average 0.29
20-Day Moving Average 0.27
10-Day Moving Average 0.26
Average True Range 0.03
ADX 11.0
+DI 19.61
-DI 28.78
Chandelier Exit (Long, 3 ATRs ) 0.24
Chandelier Exit (Short, 3 ATRs ) 0.30
Upper Bollinger Band 0.32
Lower Bollinger Band 0.23
Percent B (%b) -0.23
BandWidth 33.28
MACD Line -0.02
MACD Signal Line -0.01
MACD Histogram -0.0066
Fundamentals Value
Market Cap 50.2 Million
Num Shares 245 Million
EPS -7.18
Price-to-Earnings (P/E) Ratio -0.03
Price-to-Sales 0.69
Price-to-Book 0.18
PEG Ratio -0.02
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.26
Resistance 3 (R3) 0.27 0.25 0.25
Resistance 2 (R2) 0.25 0.24 0.25 0.25
Resistance 1 (R1) 0.23 0.23 0.22 0.22 0.25
Pivot Point 0.21 0.21 0.21 0.21 0.21
Support 1 (S1) 0.19 0.20 0.18 0.19 0.16
Support 2 (S2) 0.18 0.19 0.17 0.16
Support 3 (S3) 0.15 0.18 0.16
Support 4 (S4) 0.15