ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) Technical Analysis
TSX:ENB-PR-D • CA29250N8816
Current stock price
ENB-PR-D.CA Technical Rating and Analysis
Taking everything into account, ENB-PR-D scores 5 out of 10 in our technical rating. In the last year, ENB-PR-D 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-D is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 61% are performing better than ENB-PR-D.
- Warning: ENB-PR-D has an average volume of 8343 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- ENB-PR-D is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ENB-PR-D is leading the market.
- When comparing the performance of all stocks over the past year, ENB-PR-D turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- In the last month ENB-PR-D has a been trading in a tight range between 21.49 and 22.05.
ENB-PR-D.CA Weekly and Daily overview Charts
ENB-PR-D.CA Setup Rating and Analysis
ENB-PR-D has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.84. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.79, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
ENB-PR-D.CA Support and Resistance Analysis
17.98
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.34 to 21.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.66 from a horizontal line in the daily time frame.
- A support zone ranging from 20.24 to 20.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.16 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.84 to 22.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ENB-PR-D.CA Technical Indicator Signal Analysis
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-D.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-D.CA is neutral. |
| ChartMill Relative Strength | 48.59 | NEUTRAL | ENB-PR-D.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-D.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-D.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-D.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.35 | NEUTRAL | The RSI value for ENB-PR-D.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ENB-PR-D.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.54 | NEUTRAL | The Stochastics value for ENB-PR-D.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.47 | POSITIVE | The high ADX value value for ENB-PR-D.CA suggests a strong trend. |
ENB-PR-D.CA Chart- and CandleStick Pattern Analysis
ENB-PR-D.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 5.412 PERP
TSX:ENB-PR-D (4/2/2026, 7:00:00 PM)
21.81
+0.04 (+0.18%)
ENBRIDGE INC - ENBCN 5.412 PERP / ENB-PR-D.CA TA FAQ
What is the ChartMill technical rating of ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to ENB-PR-D.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 5.412 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) is Bullish.
What is the RSI signal for ENB-PR-D stock?
ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) has an RSI value of 51.3487. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) has a value of -0.0195239, indicating a bearish trend.
What is the support and resistance level for ENB-PR-D stock?
ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) has a support level at 21.79 and a resistance level at 21.84. Check the full technical report for our detailed analysis of ENB-PR-D.CA support and resistance levels.