Noble Corp Shares Cross Below 200 DMA

In trading on Friday, shares of Noble Corp ( NE) crossed below their 200 day moving average of $36.50, changing hands as low as $36.49 per share. Noble Corp shares are currently trading off about 1.9% on the day. The chart below shows the one year performance of NE shares, versus its 200 day moving average:

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Noble Corp  200 Day Moving Average Chart

Looking at the chart above, NE's low point in its 52 week range is $28.73 per share, with $41.49 as the 52 week high point — that compares with a last trade of $36.72.

According to the ETF Finder at ETF Channel, NE makes up 4.22% of the Oil Services ETF ( OIH) which is trading lower by about 2.1% on the day Friday.
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