ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) Stock Technical Analysis

TSX:ENB-PF-G • CA29250N5507

23.22 CAD
+0.19 (+0.83%)
Last: Mar 2, 2026, 07:00 PM
Technical Rating and Analysis

7

Taking everything into account, ENB-PF-G scores 7 out of 10 in our technical rating. Although ENB-PF-G is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

  • Warning: ENB-PF-G has an average volume of 6235 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!
  • A new 52 week high is currently being made by ENB-PF-G, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
  • When compared to the yearly performance of all other stocks, ENB-PF-G outperforms 51% of them, which is more or less in line with the market.
  • ENB-PF-G is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 52% of 210 stocks in the same industry.
  • In the last month ENB-PF-G has a been trading in a tight range between 22.66 and 23.23.
  • Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 5.561 PERP / ENB-PF-G Weekly stock chart
ENBRIDGE INC - ENBCN 5.561 PERP / ENB-PF-G Daily stock chart
Setup Rating and Analysis

7

Although ENB-PF-G has an excellent technical rating, the quality of the presented setup is 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

19.18

23.47

4 important support areas can be observed.

  • A support zone ranging from 22.83 to 23.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @22.25 from a horizontal line in the daily time frame.
  • A support zone ranging from 21.62 to 21.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.37 from a trend line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 23.24 to 23.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ENB-PF-G.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ENB-PF-G.CA is up.
ChartMill Relative Strength51.58NEUTRALENB-PF-G.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ENB-PF-G.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ENB-PF-G.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ENB-PF-G.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)60.35NEUTRALThe RSI value for ENB-PF-G.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests ENB-PF-G.CA has a positive trend.
Stochastics (14,3)86.93OVERBOUGHTThe high Stochastics value suggests ENB-PF-G.CA may be overbought.
Average True Range in percent/ATR (20)0.56LOW VOLATILITYThe low ATR as a percentage value for ENB-PF-G.CA suggests low volalility.
Average Directional Index/ADX (14)22.17NEUTRALThe ADX value for ENB-PF-G.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
23.2522.650.60 (2.58%)25.00%
An entry @23.25. This is a Buy Stop order right above the resistance zone.An exit @22.65. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.60 points, which is 2.58%.For a 0.65% total portfolio risk, you can invest 25.00% 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 5.561 PERP / ENB-PF-G Daily stock chart

ENBRIDGE INC - ENBCN 5.561 PERP

TSX:ENB-PF-G (3/2/2026, 7:00:00 PM)

23.22

+0.19 (+0.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.83%
1 Week0.87%
2 Weeks0.52%
1 Month1.04%
3 Month3.75%
6 Month6.85%
12 Month20.43%
2 Year45.64%
3 Year51.63%
5 Year46.75%
10 Year50.94%
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.56%
ATR Inc10.11%
Range Today0.01
ADR(20)0.09
ADR(20)%0.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.58
3 months CRS47.44
6 months CRS46.71
Mansfield0.1
10 Day High23.23
10 Day Low22.66
20 Day High23.23
20 Day Low22.66
52 Week High23.23
52 Week Low17.29
CS1 End23.15
CR1 Start23.24
Volume & EV
DER(3)0%
DER(5)0.52%
Volume4.01K
Volume Incr-30.23%
Vol(5)3.68K
Vol(50)6.24K

ENBRIDGE INC - ENBCN 5.561 PERP / ENB-PF-G.CA FAQ

What is the ChartMill technical rating of ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) stock?

ChartMill assigns a technical rating of 7 / 10 to ENB-PF-G.CA.


Can you provide the trend direction for ENBRIDGE INC - ENBCN 5.561 PERP?

The current trend direction for ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) is Bullish.


What is the RSI signal for ENB-PF-G stock?

ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) has an RSI value of 60.3493. This indicates that the stock is currently neutral.


Can you provide the MACD signal for ENBRIDGE INC - ENBCN 5.561 PERP?

The MACD indicator for ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) has a value of 0.0105863, indicating a bearish trend.


What is the buy/sell signal for ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) stock?

The buy/sell signal for ENBRIDGE INC - ENBCN 5.561 PERP (ENB-PF-G.CA) is buy as both the short term and long term trends are positive.