ENBRIDGE INC - ENBCN 5.672 PERP (ENB-PF-A.CA) Stock Technical Analysis
TSX:ENB-PF-A - CA29250N6265
21.96 CAD
+0.27 (+1.24%)
We assign a technical rating of 7 out of 10 to ENB-PF-A. 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 4577 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 in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENB-PF-A is lagging the market slightly.
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 57% of all stocks.
ENB-PF-A is part of the Oil, Gas & Consumable Fuels industry. There are 215 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 21.52 and 22.45.
Considerably lower volume is observed in the last couple of days.
Although ENB-PF-A has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
18.30
22.31
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.22 to 21.82. 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 @19.55 from a trend line in the weekly time frame.
- A support zone ranging from 18.48 to 18.56. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.98 to 22.09. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for ENB-PF-A.CA is up. |
| ChartMill Relative Strength | 57.22 | NEUTRAL | ENB-PF-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENB-PF-A.CA is above the rising 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) | 57.61 | NEUTRAL | The RSI value for ENB-PF-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ENB-PF-A.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.86 | NEUTRAL | The Stochastics value for ENB-PF-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 41.44 | POSITIVE | The high ADX value value for ENB-PF-A.CA suggests a strong trend. |
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)
ENBRIDGE INC - ENBCN 5.672 PERP
TSX:ENB-PF-A (9/3/2025, 7:00:00 PM)
21.96
+0.27 (+1.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.24%
1 Week0.88%
2 Weeks-0.5%
1 Month0.32%
3 Month8.03%
6 Month8.84%
12 Month15.6%
2 Year46.54%
3 Year23.11%
5 Year50.59%
10 Year23.46%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.75%
ATR Inc-64.35%
Range Today0.03
ADR(20)0.13
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.22
Mansfield-0.06
10 Day High21.79
10 Day Low21.52
20 Day High22.45
20 Day Low21.52
52 Week High22.45
52 Week Low18.24
CS1 End21.65
CR1 Start21.82
Volume & EV
DER(3)0%
DER(5)0%
Volume2.51K
Volume Incr-76.14%
Vol(5)1.31K
Vol(50)4.58K