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ENBRIDGE INC - ENBCN 3.043 PERP (ENB-PF-E.CA) Stock Technical Analysis

TSX:ENB-PF-E - Toronto Stock Exchange - CA29250N5762 - Currency: CAD

19.39  +0.04 (+0.21%)

Technical Rating and Analysis

6

Overall ENB-PF-E gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

Warning: ENB-PF-E has an average volume of 12012 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, ENB-PF-E did better than 70% of all other stocks. On top of that, ENB-PF-E also shows a nice and consistent pattern of rising prices.
ENB-PF-E is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 80% of 220 stocks in the same industry.
ENB-PF-E 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-E is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
In the last month ENB-PF-E has a been trading in a tight range between 19.30 and 20.00.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 3.043 PERP / ENB-PF-E Weekly stock chart
ENBRIDGE INC - ENBCN 3.043 PERP / ENB-PF-E Daily stock chart
Setup Rating and Analysis

5

ENB-PF-E 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.

Support and Resistance Analysis

17.33

20.20

We found 4 important support areas.

  • A support zone ranging from 19.22 to 19.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 18.59 to 18.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 17.80 to 17.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @17.50 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 20.00 to 20.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.12
Mansfield-0.02
10 Day High19.87
10 Day Low19.3
20 Day High20
20 Day Low19.3
52 Week High20
52 Week Low15.73
Performance
1 Week-0.72%
2 Weeks-2.32%
1 Month-1.32%
3 Month8.08%
6 Month9.24%
12 Month18.67%
2 Year25.91%
3 Year5.44%
5 Year32.81%
10 Year-14.2%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)43.92
LBB19.17
UBB20.09
ENBRIDGE INC - ENBCN 3.043 PERP / ENB-PF-E Daily stock chart

ENBRIDGE INC - ENBCN 3.043 PERP

TSX:ENB-PF-E (2/11/2025, 7:00:00 PM)

19.39

+0.04 (+0.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.21%
1 Week-0.72%
2 Weeks-2.32%
1 Month-1.32%
3 Month8.08%
6 Month9.24%
12 Month18.67%
2 Year25.91%
3 Year5.44%
5 Year32.81%
10 Year-14.2%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.52%
ATR Inc-56.25%
Range Today0.05
ADR(20)0.08
ADR(20)%0.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.12
Mansfield-0.02
10 Day High19.87
10 Day Low19.3
20 Day High20
20 Day Low19.3
52 Week High20
52 Week Low15.73
CS1 End19.31
CR1 Start20
Volume & EV
DER(3)1.23%
DER(5)0.95%
Volume92.96K
Volume Incr115.16%
Vol(5)27.61K
Vol(50)12.01K