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ENBRIDGE INC - ENBCN 5.538 PERP (ENB-PR-F.CA) Stock Technical Analysis

Canada - TSX:ENB-PR-F - CA29250N8659

21.86 CAD
+0.05 (+0.23%)
Last: 10/30/2025, 7:00:00 PM
Technical Rating and Analysis

7

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.

Warning: ENB-PR-F has an average volume of 7818 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-F 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.
When compared to the yearly performance of all other stocks, ENB-PR-F outperforms 49% of them, which is more or less in line with the market.
ENB-PR-F is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 60% of 210 stocks in the same industry.
In the last month ENB-PR-F has a been trading in a tight range between 20.92 and 21.98.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 5.538 PERP / ENB-PR-F Weekly stock chart
ENBRIDGE INC - ENBCN 5.538 PERP / ENB-PR-F Daily stock chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

16.98

22.09

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.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ENB-PR-F.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ENB-PR-F.CA is up.
ChartMill Relative Strength49.48NEUTRALENB-PR-F.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ENB-PR-F.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ENB-PR-F.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ENB-PR-F.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)79.66OVERBOUGHTThe high RSI value suggests ENB-PR-F.CA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.07POSITIVEThe MACD value suggests ENB-PR-F.CA has a positive trend.
Stochastics (14,3)91.15OVERBOUGHTThe high Stochastics value suggests ENB-PR-F.CA may be overbought.
Average True Range in percent/ATR (20)0.7LOW VOLATILITYThe low ATR as a percentage value for ENB-PR-F.CA suggests low volalility.
Average Directional Index/ADX (14)41.44POSITIVEThe high ADX value value for ENB-PR-F.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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 5.538 PERP / ENB-PR-F Daily stock chart

ENBRIDGE INC - ENBCN 5.538 PERP

TSX:ENB-PR-F (10/30/2025, 7:00:00 PM)

21.86

+0.05 (+0.23%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.23%
1 Week2.68%
2 Weeks3.6%
1 Month3.75%
3 Month2.51%
6 Month17.21%
12 Month17.21%
2 Year44.1%
3 Year19.13%
5 Year65.36%
10 Year31.29%
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.7%
ATR Inc5.48%
Range Today0.17
ADR(20)0.14
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.48
3 months CRS38.47
6 months CRS55.23
Mansfield-0.22
10 Day High21.98
10 Day Low21.06
20 Day High21.98
20 Day Low20.92
52 Week High21.98
52 Week Low17.29
CS1 End21.47
CR1 Start21.87
Volume & EV
DER(3)-3.14%
DER(5)-2.77%
Volume3.91K
Volume Incr0.39%
Vol(5)6.82K
Vol(50)7.82K

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.