ENBRIDGE INC - ENBCN 6.212 PERP (ENB-PF-K.CA) Stock Technical Analysis
TSX:ENB-PF-K - Toronto Stock Exchange - CA29250N5192 - Currency: CAD
Overall ENB-PF-K gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ENB-PF-K is a bad performer.
When comparing the yearly performance of all stocks, ENB-PF-K is a bad performer in the overall market: 63% of all stocks are doing better.
Warning: ENB-PF-K has an average volume of 11178 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!
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 46% of them.
In the last month ENB-PF-K has a been trading in a tight range between 23.82 and 24.47.
ENB-PF-K has an average technical rating and it also does not offer a high quality setup 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.
More info and screens
22.98
24.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.68 to 24.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.21 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.48 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 | UP | POSITIVE | The short term trend for ENB-PF-K.CA is up. |
| ChartMill Relative Strength | 37.04 | NEUTRAL | ENB-PF-K.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENB-PF-K.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PF-K.CA is above the rising 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) | 60.56 | NEUTRAL | The RSI value for ENB-PF-K.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENB-PF-K.CA has a positive trend. |
| Stochastics (14,3) | 79.45 | NEUTRAL | The Stochastics value for ENB-PF-K.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.62 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-K.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.06 | NEGATIVE | The low ADX value for ENB-PF-K.CA suggests a weak or negative 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 (7/4/2025, 7:00:00 PM)
24.47
+0.21 (+0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.87%
1 Week1.28%
2 Weeks0.91%
1 Month3.42%
3 Month2.6%
6 Month3.12%
12 Month6.25%
2 Year16.41%
3 Year-1.41%
5 Year11.48%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.62%
ATR Inc-20.69%
Range Today0.22
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
CRS37.04
Mansfield-0.41
10 Day High24.47
10 Day Low24.11
20 Day High24.47
20 Day Low23.82
52 Week High24.67
52 Week Low21.79
CS1 End24.4
CR1 Start24.48
Volume & EV
DER(3)0%
DER(5)0%
Volume12.60K
Volume Incr-39.25%
Vol(5)7.28K
Vol(50)11.18K