ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Technical Analysis
TSX:ENB-PF-U - Toronto Stock Exchange - CA29250N7909 - Currency: USD
Overall ENB-PF-U gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB-PF-U is only an average performer.
Warning: ENB-PF-U has an average volume of 5283 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-U 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-U is lagging the market slightly.
When compared to the yearly performance of all other stocks, ENB-PF-U outperforms 45% of them, which is more or less in line with the market.
ENB-PF-U is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 52% of 207 stocks in the same industry.
In the last month ENB-PF-U has a been trading in a tight range between 22.99 and 23.98.
ENB-PF-U has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.50, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
21.40
24.22
3 important support areas can be observed.
- A support zone ranging from 23.17 to 23.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.53 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.
We found 1 important resistance area.
- A resistance zone ranging from 23.67 to 23.98. 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 | UP | POSITIVE | The short term trend for ENB-PF-U.CA is up. |
| ChartMill Relative Strength | 45.87 | 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) | 55.27 | 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) | 45.89 | NEUTRAL | The Stochastics value for ENB-PF-U.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-U.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.75 | POSITIVE | The high ADX value value for ENB-PF-U.CA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 23.68 | 23.44 | 0.24 (1.01%) | 25.00% |
| An entry @23.68. This is a Buy Stop order right above the 10 day moving average. | An exit @23.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.24 points, which is 1.01%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.25%. |
- The distance between exit and entry is rather small compared to the average daily movement of ENB-PF-U. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENBRIDGE INC - ENBCN 5.85792 PERP
TSX:ENB-PF-U (7/25/2025, 7:00:00 PM)
23.58
-0.06 (-0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.25%
1 Week-1.67%
2 Weeks0.17%
1 Month1.42%
3 Month5.88%
6 Month3.56%
12 Month10.5%
2 Year24.76%
3 Year-1.13%
5 Year61.51%
10 Year26.37%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.7%
ATR Inc-28.57%
Range Today0
ADR(20)0.11
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.87
Mansfield-0.42
10 Day High23.98
10 Day Low23.45
20 Day High23.98
20 Day Low22.99
52 Week High23.98
52 Week Low20.6
CS1 End23.5
CR1 Start23.67
Volume & EV
DER(3)0%
DER(5)0%
Volume300
Volume Incr102.15%
Vol(5)6.46K
Vol(50)5.28K