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 4 out of 10. 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.
ENB-PR-B 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.
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16.49
3 important support areas can be observed.
- A support zone ranging from 20.05 to 20.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.32 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 2 important areas.
- A resistance zone ranging from 20.63 to 20.96. 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 21.35 to 21.43. 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 | DOWN | NEGATIVE | The short term trend for ENB-PR-B.CA is down. |
| ChartMill Relative Strength | 53.22 | NEUTRAL | ENB-PR-B.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-B.CA is below 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) | 45.23 | NEUTRAL | The RSI value for ENB-PR-B.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests ENB-PR-B.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.72 | NEUTRAL | The Stochastics value for ENB-PR-B.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.03 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-B.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 31.93 | 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 (11/25/2025, 7:00:00 PM)
20.62
+0.05 (+0.24%)
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 4 / 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 45.2259. 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 hold as the short term and long term trends are mixed.
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 20.56 and a resistance level at 20.63. Check the full technical report for our detailed analysis of ENB-PR-B.CA support and resistance levels.