ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Technical Analysis
TSX:ENB-PF-U • CA29250N7909
We assign a technical rating of 5 out of 10 to ENB-PF-U. 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.
- 64% 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 210 other stocks in this industry, of which 70% are performing better than ENB-PF-U.
- Warning: ENB-PF-U has an average volume of 18677 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- ENB-PF-U is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ENB-PF-U is leading the market.
- In the last month ENB-PF-U has a been trading in a tight range between 24.13 and 24.61.
ENB-PF-U has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 24.33, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ENB-PF-U in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
21.40
When analyzing the support we can see 3 important areas.
- A support zone ranging from 24.20 to 24.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.96 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.
We found 1 important resistance area.
- A resistance zone ranging from 24.41 to 24.60. This zone is formed by a combination of multiple trend lines and important moving averages 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-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 | 36.13 | NEUTRAL | ENB-PF-U.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENB-PF-U.CA is below 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) | 51.25 | 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. |
| Stochastics (14,3) | 54.11 | NEUTRAL | The Stochastics value for ENB-PF-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.55 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 13.85 | NEGATIVE | The low ADX value for ENB-PF-U.CA suggests a weak or negative trend. |
ENB-PF-U.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 5.85792 PERP
TSX:ENB-PF-U (3/5/2026, 7:00:00 PM)
24.39
-0.01 (-0.04%)
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 51.2455. 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 24.33 and a resistance level at 24.41. Check the full technical report for our detailed analysis of ENB-PF-U.CA support and resistance levels.