ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Technical Analysis
TSX:ENB-PF-U • CA29250N7909
Current stock price
ENB-PF-U.CA Technical Rating and Analysis
Taking everything into account, ENB-PF-U scores 3 out of 10 in our technical rating. ENB-PF-U has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- ENB-PF-U is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 71% are performing better than ENB-PF-U.
- Warning: ENB-PF-U has an average volume of 15855 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- ENB-PF-U is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENB-PF-U is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- When comparing the performance of all stocks over the past year, ENB-PF-U turns out to be only a medium performer in the overall market: it outperformed 43% of all stocks.
- In the last month ENB-PF-U has a been trading in a tight range between 24.05 and 24.56.
- Considerably lower volume is observed in the last couple of days.
ENB-PF-U.CA Weekly and Daily overview Charts
ENB-PF-U.CA Setup Rating and Analysis
Although the technical rating is bad, ENB-PF-U does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.24. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.21, a Stop Loss order could be placed below this zone.
More info and screens
ENB-PF-U.CA Support and Resistance Analysis
21.40
We found 3 important support areas.
- A support zone ranging from 24.20 to 24.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.27 to 23.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.62 to 21.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.24 to 24.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ENB-PF-U.CA 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ENB-PF-U.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENB-PF-U.CA is down. |
| ChartMill Relative Strength | 43.92 | NEUTRAL | ENB-PF-U.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-U.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENB-PF-U.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PF-U.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.93 | NEUTRAL | The RSI value for ENB-PF-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ENB-PF-U.CA has a positive trend. |
| Stochastics (14,3) | 73.04 | NEUTRAL | The Stochastics value for ENB-PF-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.44 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.01 | NEUTRAL | The ADX value for ENB-PF-U.CA suggests a possible start of a new trend. |
ENB-PF-U.CA Chart- and CandleStick Pattern Analysis
ENB-PF-U.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 5.85792 PERP
TSX:ENB-PF-U (3/30/2026, 7:00:00 PM)
24.22
+0.02 (+0.08%)
ENBRIDGE INC - ENBCN 5.85792 PERP / ENB-PF-U.CA TA FAQ
What is the ChartMill technical rating of ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to ENB-PF-U.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) is Bullish.
What is the RSI signal for ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) stock?
ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) has an RSI value of 47.9315. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENBRIDGE INC - ENBCN 5.85792 PERP?
The short term momentum for ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) is negative.
What is the support and resistance level for ENB-PF-U stock?
ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) has a support level at 24.21 and a resistance level at 24.24. Check the full technical report for our detailed analysis of ENB-PF-U.CA support and resistance levels.