ENBRIDGE INC - ENBCN 4.93 PERP (ENB-PR-G.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-G - CA29250N8576
22.65 CAD
-0.09 (-0.4%)
Overall ENB-PR-G gets a technical rating of 8 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-G is only an average performer.
Warning: ENB-PR-G has an average volume of 1263 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
ENB-PR-G is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 79% of 216 stocks in the same industry.
ENB-PR-G 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.
In the last month ENB-PR-G has a been trading in the 19.44 - 22.75 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, ENB-PR-G outperforms 69% of them, which is more or less in line with the market.
Volume is considerably higher in the last couple of days.
Although ENB-PR-G has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.91
23.29
4 important support areas can be observed.
- A support zone ranging from 21.30 to 21.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.55 from a trend line in the weekly time frame.
- A support zone ranging from 19.44 to 19.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.78 to 23.06. 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-G.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-G.CA is up. |
| ChartMill Relative Strength | 69.96 | NEUTRAL | ENB-PR-G.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-G.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-G.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 64.96 | NEUTRAL | The RSI value for ENB-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests ENB-PR-G.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 97.21 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-G.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.11 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for ENB-PR-G.CA suggests a weak or negative 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 4.93 PERP
TSX:ENB-PR-G (9/16/2025, 7:00:00 PM)
22.65
-0.09 (-0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.4%
1 Week4.52%
2 Weeks4.14%
1 Month9.16%
3 Month11.3%
6 Month0.44%
12 Month33.63%
2 Year29.5%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%1.11%
ATR Inc-70.14%
Range Today0
ADR(20)0.01
ADR(20)%0.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.96
Mansfield-0.91
10 Day High22.75
10 Day Low21.6
20 Day High22.75
20 Day Low19.44
52 Week High23.06
52 Week Low0
CS1 End21.66
CR1 Start22.78
Volume & EV
DER(3)0%
DER(5)0%
Volume4.25K
Volume Incr333.38%
Vol(5)2.71K
Vol(50)1.26K