ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PF-U - CA29250N7909
We assign a technical rating of 2 out of 10 to ENB-PF-U. In the last year, ENB-PF-U was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
The technical rating of ENB-PF-U is bad and it also does not present a 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
21.40
3 important support areas can be observed.
- A support zone ranging from 23.50 to 23.58. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 22.54 to 22.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.62 to 21.89. 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 23.88 to 24.50. 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 | DOWN | NEGATIVE | The short term trend for ENB-PF-U.CA is down. |
| ChartMill Relative Strength | 42.19 | 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) | 33.86 | NEUTRAL | The RSI value for ENB-PF-U.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ENB-PF-U.CA has a negative trend. |
| Stochastics (14,3) | 0.57 | OVERSOLD | The low Stochastics value suggests ENB-PF-U.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.12 | 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 (11/24/2025, 7:00:00 PM)
23.7
0 (0%)
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 2 / 10 to ENB-PF-U.CA.
What is the trend direction for ENB-PF-U 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 33.8551. This indicates that the stock is currently neutral.
What is the MACD signal for ENB-PF-U stock?
The MACD indicator for ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) has a value of -0.0535484, indicating a bearish trend.
What is the buy/sell signal for ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) is hold as the short term and long term trends are mixed.