Logo image of ENB-PF-A.CA

ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) Stock Technical Analysis

Canada - TSX:ENB-PF-A - CA29250N6265

22 CAD
+0.03 (+0.14%)
Last: 9/23/2025, 7:00:00 PM
Technical Rating and Analysis

7

Overall ENB-PF-A gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB-PF-A is only an average performer.

Warning: ENB-PF-A has an average volume of 4981 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ENB-PF-A is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When compared to the yearly performance of all other stocks, ENB-PF-A outperforms 55% of them, which is more or less in line with the market.
ENB-PF-A is part of the Oil, Gas & Consumable Fuels industry. There are 220 other stocks in this industry, ENB-PF-A did better than 64% of them.
In the last month ENB-PF-A has a been trading in a tight range between 21.63 and 22.15.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 5.672 PERP / ENB-PF-A Weekly stock chart
ENBRIDGE INC - ENBCN 5.672 PERP / ENB-PF-A Daily stock chart
Setup Rating and Analysis

8

ENB-PF-A has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 22.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.94, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.30

22.35

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 21.52 to 21.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @20.37 from a horizontal line in the daily time frame.
  • Support @19.63 from a trend line in the weekly time frame.
  • Support @18.48 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 22.02 to 22.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ENB-PF-A.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ENB-PF-A.CA is up.
ChartMill Relative Strength55.8NEUTRALENB-PF-A.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ENB-PF-A.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ENB-PF-A.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ENB-PF-A.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)56.65NEUTRALThe RSI value for ENB-PF-A.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests ENB-PF-A.CA has a negative trend.
Stochastics (14,3)42.59NEUTRALThe Stochastics value for ENB-PF-A.CA is a neutral value.
Average True Range in percent/ATR (20)0.56LOW VOLATILITYThe low ATR as a percentage value for ENB-PF-A.CA suggests low volalility.
Average Directional Index/ADX (14)27.53POSITIVEThe high ADX value value for ENB-PF-A.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
22.1421.910.23 (1.04%)25.00%
An entry @22.14. This is a Buy Stop order right above the resistance zone.An exit @21.91. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.23 points, which is 1.04%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENBRIDGE INC - ENBCN 5.672 PERP / ENB-PF-A Daily stock chart

ENBRIDGE INC - ENBCN 5.672 PERP

TSX:ENB-PF-A (9/23/2025, 7:00:00 PM)

22

+0.03 (+0.14%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.14%
1 Week-0.41%
2 Weeks-0.23%
1 Month1.85%
3 Month6.02%
6 Month9.73%
12 Month17.9%
2 Year47.65%
3 Year35.47%
5 Year56.58%
10 Year29.41%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.56%
ATR Inc2.72%
Range Today0.11
ADR(20)0.1
ADR(20)%0.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.8
Mansfield-0.24
10 Day High22.15
10 Day Low21.92
20 Day High22.15
20 Day Low21.63
52 Week High22.45
52 Week Low18.24
CS1 End21.94
CR1 Start22.02
Volume & EV
DER(3)0%
DER(5)0%
Volume1.10K
Volume Incr-61.2%
Vol(5)1.91K
Vol(50)4.98K