ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Technical Analysis
TSX:ENB-PR-A • CA29250N2041
Overall ENB-PR-A gets a technical rating of 5 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-PR-A is a bad performer.
- When comparing the yearly performance of all stocks, ENB-PR-A is a bad performer in the overall market: 63% of all stocks are doing better.
- ENB-PR-A 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-PR-A.
- Warning: ENB-PR-A has an average volume of 1733 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-PR-A is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENB-PR-A is performing more or less in line with the market.
- In the last month ENB-PR-A has a been trading in a tight range between 24.70 and 25.11.
Although the technical rating is only medium, ENB-PR-A does present a nice setup opportunity. 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 24.87, a Stop Loss order could be placed below this zone.
More info and screens
21.78
We found 3 important support areas.
- A support zone ranging from 24.40 to 24.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.38 to 23.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.00 to 22.00. 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 25.22 to 25.44. 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-PR-A.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-A.CA is up. |
| ChartMill Relative Strength | 37.92 | NEUTRAL | ENB-PR-A.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENB-PR-A.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-A.CA is above 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) | 51.42 | NEUTRAL | The RSI value for ENB-PR-A.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ENB-PR-A.CA has a negative trend. |
| Stochastics (14,3) | 45.53 | NEUTRAL | The Stochastics value for ENB-PR-A.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-A.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.64 | NEGATIVE | The low ADX value for ENB-PR-A.CA suggests a weak or negative trend. |
ENB-PR-A.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 5 1/2 PERP
TSX:ENB-PR-A (3/6/2026, 7:00:00 PM)
24.88
-0.02 (-0.08%)
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.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 5 1/2 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is Bullish.
What is the RSI signal 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 an RSI value of 51.4191. This indicates that the stock is currently neutral.
What is the short term momentum for ENB-PR-A stock?
The short term momentum for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is positive.
What is the buy/sell signal for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) is buy as both the short term and long term trends are positive.