ENBRIDGE INC - ENBCN 4.77 PERP (ENB-PR-G.CA) Technical Analysis
TSX:ENB-PR-G • CA29250N8576
Current stock price
ENB-PR-G.CA Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to ENB-PR-G. 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.
- ENB-PR-G is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 206 stocks in the same industry do better.
- Warning: ENB-PR-G has an average volume of 1594 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 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 0.00 - 24.00 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-G turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- Considerably lower volume is observed in the last couple of days.
ENB-PR-G.CA Weekly and Daily overview Charts
ENB-PR-G.CA Setup Rating and Analysis
Although ENB-PR-G has an excellent technical rating, it does not offer a high quality setup 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
ENB-PR-G.CA Support and Resistance Analysis
20.42
3 important support areas can be observed.
- A support zone ranging from 22.71 to 22.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.50 to 21.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.63 to 20.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @24.00 from a horizontal line in the daily time frame.
ENB-PR-G.CA 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.
| 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 | 52.62 | 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). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-G.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.64 | NEUTRAL | The RSI value for ENB-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ENB-PR-G.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 82.09 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-G.CA may be overbought. |
| Average True Range in percent/ATR (20) | 11.4 | HIGH VOLATILITY | The high ATR as a percentage value for ENB-PR-G.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 9.81 | NEGATIVE | The low ADX value for ENB-PR-G.CA suggests a weak or negative trend. |
ENB-PR-G.CA Chart- and CandleStick Pattern Analysis
ENB-PR-G.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 4.77 PERP
TSX:ENB-PR-G (4/24/2026, 7:00:00 PM)
23.99
-0.01 (-0.04%)
ENBRIDGE INC - ENBCN 4.77 PERP / ENB-PR-G.CA TA FAQ
What is the technical rating for ENB-PR-G stock?
ChartMill assigns a technical rating of 8 / 10 to ENB-PR-G.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 4.77 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 4.77 PERP (ENB-PR-G.CA) is Bullish.
What is the RSI signal for ENB-PR-G stock?
ENBRIDGE INC - ENBCN 4.77 PERP (ENB-PR-G.CA) has an RSI value of 52.6391. This indicates that the stock is currently neutral.
What is the short term momentum for ENBRIDGE INC - ENBCN 4.77 PERP (ENB-PR-G.CA) stock?
The short term momentum for ENBRIDGE INC - ENBCN 4.77 PERP (ENB-PR-G.CA) is positive.
What is the support and resistance level for ENB-PR-G stock?
ENBRIDGE INC - ENBCN 4.77 PERP (ENB-PR-G.CA) has a support level at 22.75 and a resistance level at 23.87. Check the full technical report for our detailed analysis of ENB-PR-G.CA support and resistance levels.