ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ENB-PF-A • CA29250N6265
We assign a technical rating of 5 out of 10 to ENB-PF-A. In the last year, ENB-PF-A was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- Warning: ENB-PF-A has an average volume of 7267 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- 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 comparing the performance of all stocks over the past year, ENB-PF-A turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- ENB-PF-A is part of the Oil, Gas & Consumable Fuels industry. There are 216 other stocks in this industry, ENB-PF-A did better than 46% of them.
- In the last month ENB-PF-A has a been trading in a tight range between 22.83 and 23.18.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, ENB-PF-A does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.83, a Stop Loss order could be placed below this zone.
More info and screens
18.30
4 important support areas can be observed.
- A support zone ranging from 22.59 to 22.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.83 to 22.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.29 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 22.92 to 23.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ENB-PF-A.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PF-A.CA is neutral. |
| ChartMill Relative Strength | 46.83 | NEUTRAL | ENB-PF-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENB-PF-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PF-A.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PF-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.25 | NEUTRAL | The RSI value for ENB-PF-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ENB-PF-A.CA has a negative trend. |
| Stochastics (14,3) | 31.43 | NEUTRAL | The Stochastics value for ENB-PF-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 9.71 | NEGATIVE | The low ADX value for ENB-PF-A.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 5.672 PERP
TSX:ENB-PF-A (2/3/2026, 7:00:00 PM)
22.88
-0.07 (-0.31%)
ENBRIDGE INC - ENBCN 5.672 PERP / ENB-PF-A.CA FAQ
What is the technical rating for ENB-PF-A stock?
ChartMill assigns a technical rating of 5 / 10 to ENB-PF-A.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 5.672 PERP?
ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) has an RSI value of 47.2516. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENBRIDGE INC - ENBCN 5.672 PERP?
The short term momentum for ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) is neutral.
What are the support and resistance levels for ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) stock?
ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) has a support level at 22.83 and a resistance level at 22.92. Check the full technical report for our detailed analysis of ENB-PF-A.CA support and resistance levels.