ENBRIDGE INC - ENBCN 6.683 PERP (ENB-PF-V.CA) Stock Technical Analysis
Canada - TSX:ENB-PF-V - CA29250N6679
Overall ENB-PF-V gets a technical rating of 6 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-V is a bad performer.
ENB-PF-V 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 24.68, a Stop Loss order could be placed below this zone.
More info and screens
23.38
When analyzing the support we notice one important area.
- A support zone ranging from 23.62 to 24.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.87 to 25.10. This zone is formed by a combination of multiple trend lines 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-V.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PF-V.CA is up. |
| ChartMill Relative Strength | 31.47 | NEUTRAL | ENB-PF-V.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-V.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PF-V.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PF-V.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.09 | NEUTRAL | The RSI value for ENB-PF-V.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENB-PF-V.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.62 | OVERBOUGHT | The high Stochastics value suggests ENB-PF-V.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.37 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PF-V.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.47 | NEUTRAL | The ADX value for ENB-PF-V.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 24.77 | 24.36 | 0.41 (1.66%) | 25.00% |
| An entry @24.77. This is a Buy Stop order right above the 10 day high. | An exit @24.36. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.41 points, which is 1.66%. | For a 0.41% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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 6.683 PERP
TSX:ENB-PF-V (11/4/2025, 7:00:00 PM)
24.7
0 (0%)
ENBRIDGE INC - ENBCN 6.683 PERP / ENB-PF-V.CA FAQ
Can you provide the ChartMill technical rating for ENBRIDGE INC - ENBCN 6.683 PERP?
ChartMill assigns a technical rating of 6 / 10 to ENB-PF-V.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 6.683 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 6.683 PERP (ENB-PF-V.CA) is Bullish.
What is the RSI signal for ENB-PF-V stock?
ENBRIDGE INC - ENBCN 6.683 PERP (ENB-PF-V.CA) has an RSI value of 54.0864. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENBRIDGE INC - ENBCN 6.683 PERP?
The short term momentum for ENBRIDGE INC - ENBCN 6.683 PERP (ENB-PF-V.CA) is positive.
What are the support and resistance levels for ENBRIDGE INC - ENBCN 6.683 PERP (ENB-PF-V.CA) stock?
ENBRIDGE INC - ENBCN 6.683 PERP (ENB-PF-V.CA) has a support level at 24.68 and a resistance level at 24.87. Check the full technical report for our detailed analysis of ENB-PF-V.CA support and resistance levels.