ENBRIDGE INC - ENBCN 5.202 PERP (ENB-PR-B.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-B - CA29250N7099
20.25 CAD
-0.04 (-0.2%)
Taking everything into account, ENB-PR-B scores 5 out of 10 in our technical rating. In the last year, ENB-PR-B was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Warning: ENB-PR-B has an average volume of 14452 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ENB-PR-B is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENB-PR-B is lagging the market slightly.
When comparing the performance of all stocks over the past year, ENB-PR-B turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
ENB-PR-B is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 55% of 212 stocks in the same industry.
In the last month ENB-PR-B has a been trading in a tight range between 20.03 and 20.41.
ENB-PR-B has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 20.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.24, a Stop Loss order could be placed below this zone.
More info and screens
16.49
20.95
When analyzing the support we can see 5 important areas.
- A support zone ranging from 20.05 to 20.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.22 from a horizontal line in the daily time frame.
- Support @18.55 from a horizontal line in the daily time frame.
- Support @17.24 from a trend line in the weekly time frame.
- Support @16.66 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.29 to 20.36. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.69 to 20.74. 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 | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-B.CA is neutral. |
| ChartMill Relative Strength | 44.5 | 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 | MIXED | The current price of ENB-PR-B.CA is below 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) | 49.7 | NEUTRAL | The RSI value for ENB-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENB-PR-B.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.74 | NEUTRAL | The Stochastics value for ENB-PR-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.59 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for ENB-PR-B.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
ENBRIDGE INC - ENBCN 5.202 PERP
TSX:ENB-PR-B (10/2/2025, 7:00:00 PM)
20.25
-0.04 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.2%
1 Week-0.1%
2 Weeks0.45%
1 Month-0.05%
3 Month3.47%
6 Month14.54%
12 Month12.56%
2 Year40.63%
3 Year9.64%
5 Year80.8%
10 Year27.12%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.59%
ATR Inc97.18%
Range Today0.29
ADR(20)0.11
ADR(20)%0.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.5
Mansfield-0.35
10 Day High20.41
10 Day Low20.1
20 Day High20.41
20 Day Low20.03
52 Week High20.88
52 Week Low16.62
CS1 End20.24
CR1 Start20.29
Volume & EV
DER(3)-2.65%
DER(5)-3.71%
Volume40.75K
Volume Incr-33.28%
Vol(5)13.78K
Vol(50)14.45K