ENBRIDGE INC - ENBCN 5.412 PERP (ENB-PR-D.CA) Stock Technical Analysis
TSX:ENB-PR-D - Toronto Stock Exchange - CA29250N8816 - Currency: CAD
Taking everything into account, ENB-PR-D scores 8 out of 10 in our technical rating. Although ENB-PR-D is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ENB-PR-D has an average volume of 7988 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
ENB-PR-D is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. ENB-PR-D outperforms 73% of them.
ENB-PR-D is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month ENB-PR-D has a been trading in the 19.12 - 20.35 range, which is quite wide. It is currently trading near the high of this range.
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 62% of all stocks.
Considerably lower volume is observed in the last couple of days.
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
17.23
20.54
When analyzing the support we can see 4 important areas.
- A support zone ranging from 19.40 to 19.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.83 from a horizontal line in the daily time frame.
- Support @17.91 from a trend line in the weekly time frame.
- Support @17.40 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.34 to 20.34. 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 | 62.61 | 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) | 80.08 | OVERBOUGHT | The high RSI value suggests ENB-PR-D.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENB-PR-D.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.02 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-D.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.56 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-D.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.91 | POSITIVE | The high ADX value value for ENB-PR-D.CA suggests a strong 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 5.412 PERP
TSX:ENB-PR-D (7/11/2025, 7:00:00 PM)
20.33
+0.01 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.05%
1 Week0.69%
2 Weeks2.62%
1 Month4.52%
3 Month16.84%
6 Month5.39%
12 Month12.69%
2 Year20.22%
3 Year10.31%
5 Year66.78%
10 Year24.65%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.56%
ATR Inc-22.73%
Range Today0.05
ADR(20)0.1
ADR(20)%0.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.61
Mansfield0.04
10 Day High20.35
10 Day Low19.76
20 Day High20.35
20 Day Low19.12
52 Week High20.35
52 Week Low17.14
CS1 End19.45
CR1 Start20.34
Volume & EV
DER(3)0%
DER(5)0%
Volume5.14K
Volume Incr-41.46%
Vol(5)3.65K
Vol(50)7.99K