ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-A - CA29250N2041
We assign a technical rating of 5 out of 10 to ENB-PR-A. ENB-PR-A has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
ENB-PR-A has an average technical rating and it also does not offer a high 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
21.78
4 important support areas can be observed.
- A support zone ranging from 24.50 to 24.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.57 to 23.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @23.09 from a trend line in the weekly time frame.
- A support zone ranging from 22.00 to 22.10. 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 24.84 to 25.44. 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-PR-A.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-A.CA is neutral. |
| ChartMill Relative Strength | 52.85 | NEUTRAL | ENB-PR-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENB-PR-A.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENB-PR-A.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-A.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.48 | NEUTRAL | The RSI value for ENB-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ENB-PR-A.CA has a negative trend. |
| Stochastics (14,3) | 18.57 | OVERSOLD | The low Stochastics value suggests ENB-PR-A.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.37 | NEGATIVE | The low ADX value for ENB-PR-A.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 5 1/2 PERP
TSX:ENB-PR-A (11/20/2025, 7:00:00 PM)
24.75
-0.09 (-0.36%)
ENBRIDGE INC - ENBCN 5 1/2 PERP / ENB-PR-A.CA FAQ
Can you provide the ChartMill technical rating for ENBRIDGE INC - ENBCN 5 1/2 PERP?
ChartMill assigns a technical rating of 5 / 10 to ENB-PR-A.CA.
What is the trend direction for ENB-PR-A stock?
The current trend direction for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 5 1/2 PERP?
ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) has an RSI value of 43.4809. This indicates that the stock is currently neutral.
What is the MACD signal for ENB-PR-A stock?
The MACD indicator for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) has a value of -0.0571044, indicating a bearish trend.
What are the support and resistance levels for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) stock?
ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) has a support level at 24.72 and a resistance level at 24.84. Check the full technical report for our detailed analysis of ENB-PR-A.CA support and resistance levels.