ENBRIDGE INC - ENBCN 6.212 PERP (ENB-PF-K.CA) Stock Technical Analysis
TSX:ENB-PF-K - Toronto Stock Exchange - CA29250N5192 - Currency: CAD
We assign a technical rating of 3 out of 10 to ENB-PF-K. In the last year, ENB-PF-K was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
61% of all other stocks performed better in the past year than ENB-PF-K.
Warning: ENB-PF-K has an average volume of 18790 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 gets the benefit of the doubt for now.
ENB-PF-K 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-K is lagging the market slightly.
ENB-PF-K is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, ENB-PF-K did better than 47% of them.
In the last month ENB-PF-K has a been trading in a tight range between 24.10 and 24.60.
Volume is considerably higher in the last couple of days.
ENB-PF-K has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 24.24, a Stop Loss order could be placed below this zone.
More info and screens
23.04
24.85
When analyzing the support we notice one important area.
- A support zone ranging from 23.27 to 24.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.28 to 24.60. 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-K.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PF-K.CA is neutral. |
| ChartMill Relative Strength | 39.99 | NEUTRAL | ENB-PF-K.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-K.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ENB-PF-K.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PF-K.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.95 | NEUTRAL | The RSI value for ENB-PF-K.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENB-PF-K.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.67 | NEUTRAL | The Stochastics value for ENB-PF-K.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-K.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.68 | NEUTRAL | The ADX value for ENB-PF-K.CA suggests a possible start of a new 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 6.212 PERP
TSX:ENB-PF-K (7/22/2025, 7:00:00 PM)
24.25
-0.01 (-0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.04%
1 Week0%
2 Weeks-0.16%
1 Month0%
3 Month3.46%
6 Month0.94%
12 Month7.3%
2 Year15.37%
3 Year-2.3%
5 Year10.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.56%
ATR Inc3.05%
Range Today0.13
ADR(20)0.13
ADR(20)%0.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.99
Mansfield-0.52
10 Day High24.57
10 Day Low24.1
20 Day High24.6
20 Day Low24.1
52 Week High24.67
52 Week Low21.79
CS1 End24.24
CR1 Start24.28
Volume & EV
DER(3)0%
DER(5)0%
Volume187.16K
Volume Incr207.64%
Vol(5)45.16K
Vol(50)18.79K