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Noble (NE) Bullish Technical Alert - Trend Up 36.3%

Noble (NYSE:NE) is trading 1.3% higher (up $0.53 to $42.83) today on volume of 1,233,417 shares. The stock is trading near its 52-week high of $45.09. We are watching for a close above that level.

Noble is currently above its 50-day moving average of $38.79 and above its 200-day moving average of $31.61.

SmarTrend is bullish on shares of NE and our subscribers received an Uptrend alert on July 20, 2009 at $31.42, which has returned 36.3% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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