ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-B - CA29250N7099
We assign a technical rating of 7 out of 10 to ENB-PR-B. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB-PR-B is only an average performer.
Although ENB-PR-B has an excellent technical rating, it does not present a decent entry opportunity 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.
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16.49
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.42 to 20.93. 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 20.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.00 from a horizontal line in the daily time frame.
- Support @17.29 from a trend line in the weekly time frame.
- Support @16.66 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.35 to 21.35. 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 | 55.8 | NEUTRAL | ENB-PR-B.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENB-PR-B.CA is above the rising 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) | 62.89 | NEUTRAL | The RSI value for ENB-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ENB-PR-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.49 | NEUTRAL | The Stochastics value for ENB-PR-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.61 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 36.12 | POSITIVE | The high ADX value value for ENB-PR-B.CA suggests a strong trend. |
ENBRIDGE INC - ENBCN 5.202 PERP
TSX:ENB-PR-B (11/4/2025, 7:00:00 PM)
21
-0.14 (-0.66%)
ENBRIDGE INC - ENBCN 5.202 PERP / ENB-PR-B.CA FAQ
What is the technical rating for ENB-PR-B stock?
ChartMill assigns a technical rating of 7 / 10 to ENB-PR-B.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 5.202 PERP?
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 62.8906. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ENBRIDGE INC - ENBCN 5.202 PERP?
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.
Can you provide the support and resistance levels for ENBRIDGE INC - ENBCN 5.202 PERP?
ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) has a support level at 20.93 and a resistance level at 21.35. Check the full technical report for our detailed analysis of ENB-PR-B.CA support and resistance levels.