ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Technical Analysis
TSX:ENB-PF-U • CA29250N7909
Overall ENB-PF-U gets a technical rating of 5 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-U is a bad performer.
- 61% of all other stocks performed better in the past year than ENB-PF-U.
- ENB-PF-U is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, of which 61% are performing better than ENB-PF-U.
- Warning: ENB-PF-U has an average volume of 15954 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 may just continue or reversal may be around the corner!
- ENB-PF-U is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ENB-PF-U has a been trading in a tight range between 24.13 and 24.61.
- Volume is considerably higher in the last couple of days.
ENB-PF-U 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.
More info and screens
21.40
4 important support areas can be observed.
- A support zone ranging from 24.20 to 24.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.30 to 23.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.93 from a trend line in the weekly time frame.
- 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.
We found 1 important resistance area.
- Strong resistance @24.60 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for ENB-PF-U.CA is neutral. |
| ChartMill Relative Strength | 39.21 | NEUTRAL | ENB-PF-U.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-U.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PF-U.CA is above the rising 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) | 57.85 | NEUTRAL | The RSI value for ENB-PF-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENB-PF-U.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.39 | NEUTRAL | The Stochastics value for ENB-PF-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.51 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.48 | NEGATIVE | The low ADX value for ENB-PF-U.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 5.85792 PERP
TSX:ENB-PF-U (2/26/2026, 7:00:00 PM)
24.55
+0.26 (+1.07%)
ENBRIDGE INC - ENBCN 5.85792 PERP / ENB-PF-U.CA 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 5 / 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 57.8543. 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 neutral.
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 24.48 and a resistance level at 24.52. Check the full technical report for our detailed analysis of ENB-PF-U.CA support and resistance levels.