ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-F - CA29250N8659
Taking everything into account, ENB-PR-F scores 7 out of 10 in our technical rating. Although ENB-PR-F is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although ENB-PR-F 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
16.98
2 important support areas can be observed.
- A support zone ranging from 20.68 to 21.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.15 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.87 to 21.87. 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-F.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-F.CA is up. |
| ChartMill Relative Strength | 49.48 | NEUTRAL | ENB-PR-F.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-F.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-F.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-F.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.66 | OVERBOUGHT | The high RSI value suggests ENB-PR-F.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ENB-PR-F.CA has a positive trend. |
| Stochastics (14,3) | 91.15 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-F.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.7 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-F.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 41.44 | POSITIVE | The high ADX value value for ENB-PR-F.CA suggests a strong trend. |
ENBRIDGE INC - ENBCN 5.538 PERP
TSX:ENB-PR-F (10/30/2025, 7:00:00 PM)
21.86
+0.05 (+0.23%)
ENBRIDGE INC - ENBCN 5.538 PERP / ENB-PR-F.CA FAQ
Can you provide the ChartMill technical rating for ENBRIDGE INC - ENBCN 5.538 PERP?
ChartMill assigns a technical rating of 7 / 10 to ENB-PR-F.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 5.538 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) is Bullish.
What is the RSI signal for ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) stock?
ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) has an RSI value of 79.6571. This indicates that the stock is currently overbought.
Can you provide the short term momentum for ENBRIDGE INC - ENBCN 5.538 PERP?
The short term momentum for ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) is positive.
What is the support and resistance level for ENB-PR-F stock?
ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) has a support level at 21.47 and a resistance level at 21.87. Check the full technical report for our detailed analysis of ENB-PR-F.CA support and resistance levels.