ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-D - CA29250N8816
Taking everything into account, ENB-PR-D scores 6 out of 10 in our technical rating. 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.
- Warning: ENB-PR-D has an average volume of 18918 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 may just continue or reversal may be around the corner!
- ENB-PR-D is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 45% of all stocks.
- ENB-PR-D is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 214 stocks in the same industry.
- In the last month ENB-PR-D has a been trading in a tight range between 21.50 and 21.86.
ENB-PR-D has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 21.32, a Stop Loss order could be placed below this zone.
More info and screens
17.70
When analyzing the support we can see 4 important areas.
- A support zone ranging from 21.03 to 21.32. 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 @17.88 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.65 to 21.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-D.CA is neutral. |
| ChartMill Relative Strength | 45.97 | NEUTRAL | ENB-PR-D.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENB-PR-D.CA is below 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) | 48.48 | NEUTRAL | The RSI value for ENB-PR-D.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ENB-PR-D.CA has a negative trend. |
| Stochastics (14,3) | 23.81 | 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) | 27.58 | POSITIVE | The high ADX value value for ENB-PR-D.CA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.66 | 21.49 | 0.17 (0.77%) | 25.00% |
| An entry @21.66. This is a Buy Stop order right above the 10 day moving average. | An exit @21.49. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.17 points, which is 0.77%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.19%. |
- The distance between exit and entry is rather small compared to the average daily movement of ENB-PR-D. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENBRIDGE INC - ENBCN 5.412 PERP
TSX:ENB-PR-D (1/21/2026, 7:00:00 PM)
21.5
-0.08 (-0.37%)
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 6 / 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 48.4807. This indicates that the stock is currently neutral.
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 -0.0459123, 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 neutral.