ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ENB-PR-B • CA29250N7099
Overall ENB-PR-B gets a technical rating of 6 out of 10. Although ENB-PR-B is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: ENB-PR-B has an average volume of 8397 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- ENB-PR-B is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, ENB-PR-B outperforms 46% of them, which is more or less in line with the market.
- ENB-PR-B is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 212 stocks in the same industry.
- In the last month ENB-PR-B has a been trading in a tight range between 21.33 and 21.69.
Although the technical rating is only medium, ENB-PR-B 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 resistance zone just above the current price starting at 21.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.51, 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
16.49
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.08 to 21.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.05 to 20.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.66 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.70 to 21.75. 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-B.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-B.CA is up. |
| ChartMill Relative Strength | 46.67 | NEUTRAL | ENB-PR-B.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-B.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-B.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-B.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.3 | NEUTRAL | The RSI value for ENB-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ENB-PR-B.CA has a negative trend. |
| Stochastics (14,3) | 73.69 | NEUTRAL | The Stochastics value for ENB-PR-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.73 | NEGATIVE | The low ADX value for ENB-PR-B.CA suggests a weak or negative 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 |
|---|---|---|---|
| 21.61 | 21.39 | 0.22 (1.02%) | 25.00% |
| An entry @21.61. This is a Buy Stop order right above the 10 day high. | An exit @21.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.22 points, which is 1.02%. | For a 0.25% 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 5.202 PERP
TSX:ENB-PR-B (2/6/2026, 7:00:00 PM)
21.52
-0.04 (-0.19%)
ENBRIDGE INC - ENBCN 5.202 PERP / ENB-PR-B.CA FAQ
Can you provide the ChartMill technical rating for ENBRIDGE INC - ENBCN 5.202 PERP?
ChartMill assigns a technical rating of 6 / 10 to ENB-PR-B.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) is Bullish.
What is the RSI signal for ENB-PR-B stock?
ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) has an RSI value of 52.3017. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) has a value of -0.00490447, indicating a bearish trend.
What is the buy/sell signal for ENB-PR-B stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) is buy as both the short term and long term trends are positive.