ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PF-C - CA29250N5929
Overall ENB-PF-C gets a technical rating of 6 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-C is only an average performer.
ENB-PF-C has an average technical rating and the quality of the presented setup is also not ideal 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.
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17.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.06 to 22.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.26 from a trend line in the weekly time frame.
- Support @18.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.49 to 22.53. 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-C.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PF-C.CA is up. |
| ChartMill Relative Strength | 54.14 | NEUTRAL | ENB-PF-C.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENB-PF-C.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PF-C.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PF-C.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.69 | NEUTRAL | The RSI value for ENB-PF-C.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ENB-PF-C.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.56 | OVERBOUGHT | The high Stochastics value suggests ENB-PF-C.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.04 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-C.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.47 | NEUTRAL | The ADX value for ENB-PF-C.CA suggests a possible start of a new trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.54 | 21.45 | 1.09 (4.84%) | 20.68% |
| An entry @22.54. This is a Buy Stop order right above the resistance zone. | An exit @21.45. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.09 points, which is 4.84%. | For a 1.00% total portfolio risk, you can invest 20.68% of your capital in this trade. |
- 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 5.477 PERP
TSX:ENB-PF-C (12/8/2025, 7:00:00 PM)
22.23
-0.13 (-0.58%)
ENBRIDGE INC - ENBCN 5.477 PERP / ENB-PF-C.CA FAQ
What is the ChartMill technical rating of ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to ENB-PF-C.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 5.477 PERP?
ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) has an RSI value of 54.6874. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) has a value of 0.037996, indicating a bearish trend.
Can you provide the support and resistance levels for ENBRIDGE INC - ENBCN 5.477 PERP?
ENBRIDGE INC - ENBCN 5.477 PERP (ENB-PF-C.CA) has a support level at 22.2 and a resistance level at 22.49. Check the full technical report for our detailed analysis of ENB-PF-C.CA support and resistance levels.