ENBRIDGE INC - ENBCN 4.69 PERP (ENB-PR-G.CA) Stock Technical Analysis
TSX:ENB-PR-G • CA29250N8576
We assign a technical rating of 4 out of 10 to ENB-PR-G. ENB-PR-G has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, ENB-PR-G is a bad performer in the overall market: 68% of all stocks are doing better.
- ENB-PR-G is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 70% of 210 stocks in the same industry do better.
- Warning: ENB-PR-G has an average volume of 1200 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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 - 22.94 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Considerably lower volume is observed in the last couple of days.
ENB-PR-G has an average technical rating and the quality of the presented setup is also not ideal 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
19.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.01 to 21.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.46 from a trend line in the weekly time frame.
- A support zone ranging from 19.68 to 19.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @21.50 from a horizontal line in the daily time frame.
- A resistance zone ranging from 23.00 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 | NEUTRAL | NEUTRAL | The long term trend for ENB-PR-G.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-G.CA is neutral. |
| ChartMill Relative Strength | 32.82 | 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) | 51 | NEUTRAL | The RSI value for ENB-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests ENB-PR-G.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 63.8 | NEUTRAL | The Stochastics value for ENB-PR-G.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.05 | HIGH VOLATILITY | The high ATR as a percentage value for ENB-PR-G.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.35 | NEGATIVE | The low ADX value for ENB-PR-G.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 4.69 PERP
TSX:ENB-PR-G (2/20/2026, 7:00:00 PM)
21.46
-0.99 (-4.41%)
ENBRIDGE INC - ENBCN 4.69 PERP / ENB-PR-G.CA FAQ
What is the technical rating for ENB-PR-G stock?
ChartMill assigns a technical rating of 4 / 10 to ENB-PR-G.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 4.69 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 4.69 PERP (ENB-PR-G.CA) is Bearish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 4.69 PERP?
ENBRIDGE INC - ENBCN 4.69 PERP (ENB-PR-G.CA) has an RSI value of 50.9977. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENBRIDGE INC - ENBCN 4.69 PERP?
The short term momentum for ENBRIDGE INC - ENBCN 4.69 PERP (ENB-PR-G.CA) is neutral.