ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-D - CA29250N8816
Overall ENB-PR-D gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB-PR-D is only an average performer.
Although ENB-PR-D 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.
More info and screens
17.67
3 important support areas can be observed.
- A support zone ranging from 20.66 to 21.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.24 to 20.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @17.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.81 to 21.81. 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-D.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-D.CA is up. |
| ChartMill Relative Strength | 55.54 | NEUTRAL | ENB-PR-D.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-D.CA is above the rising 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) | 70.83 | OVERBOUGHT | The high RSI value suggests ENB-PR-D.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ENB-PR-D.CA has a positive trend. |
| Stochastics (14,3) | 97.47 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-D.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.71 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 37.82 | POSITIVE | The high ADX value value for ENB-PR-D.CA suggests a strong trend. |
ENBRIDGE INC - ENBCN 5.412 PERP
TSX:ENB-PR-D (12/30/2025, 7:00:00 PM)
21.8
+0.15 (+0.69%)
ENBRIDGE INC - ENBCN 5.412 PERP / ENB-PR-D.CA 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 7 / 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.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 5.412 PERP?
ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) has an RSI value of 70.8303. This indicates that the stock is currently overbought.
Can you provide the MACD signal for ENBRIDGE INC - ENBCN 5.412 PERP?
The MACD indicator for ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) has a value of 0.045651, indicating a bearish trend.
Can you provide the short term momentum for ENBRIDGE INC - ENBCN 5.412 PERP?
The short term momentum for ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) is positive.