ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ENB-PF-E • CA29250N5762
We assign a technical rating of 5 out of 10 to ENB-PF-E. In the last year, ENB-PF-E 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-E has an average volume of 12025 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 may just continue or reversal may be around the corner!
- ENB-PF-E 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-E outperforms 50% of them, which is more or less in line with the market.
- ENB-PF-E is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, ENB-PF-E did better than 53% of them.
- In the last month ENB-PF-E has a been trading in a tight range between 22.55 and 22.92.
Although the technical rating is only medium, ENB-PF-E does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.60, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
17.72
We found 5 important support areas.
- A support zone ranging from 22.02 to 22.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.30 to 21.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.93 from a horizontal line in the daily time frame.
- Support @19.13 from a trend line in the weekly time frame.
- Support @17.90 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.69 to 22.87. 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-E.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PF-E.CA is neutral. |
| ChartMill Relative Strength | 50.27 | NEUTRAL | ENB-PF-E.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-E.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PF-E.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PF-E.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.08 | NEUTRAL | The RSI value for ENB-PF-E.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ENB-PF-E.CA has a negative trend. |
| Stochastics (14,3) | 37.96 | NEUTRAL | The Stochastics value for ENB-PF-E.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-E.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.5 | NEGATIVE | The low ADX value for ENB-PF-E.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 5.395 PERP
TSX:ENB-PF-E (2/6/2026, 7:00:00 PM)
22.65
-0.01 (-0.04%)
ENBRIDGE INC - ENBCN 5.395 PERP / ENB-PF-E.CA FAQ
What is the technical rating for ENB-PF-E stock?
ChartMill assigns a technical rating of 5 / 10 to ENB-PF-E.CA.
What is the trend direction for ENB-PF-E stock?
The current trend direction for ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) is Bullish.
What is the RSI signal for ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) stock?
ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) has an RSI value of 49.0825. This indicates that the stock is currently neutral.
What is the short term momentum for ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) stock?
The short term momentum for ENBRIDGE INC - ENBCN 5.395 PERP (ENB-PF-E.CA) is neutral.