ENBRIDGE INC - ENBCN 5.17 PERP (ENB-PR-G.CA) Stock Technical Analysis
TSX:ENB-PR-G - Toronto Stock Exchange - CA29250N8576 - Currency: CAD
We assign a technical rating of 6 out of 10 to ENB-PR-G. Although ENB-PR-G 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-G has an average volume of 1124 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 19.44 - 21.77 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 42% of them, which is more or less in line with the market.
ENB-PR-G is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 49% of 207 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
ENB-PR-G has an average technical rating and it also 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
18.91
23.29
3 important support areas can be observed.
- A support zone ranging from 20.21 to 21.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 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 | 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 | 42.35 | 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) | DOWN | NEGATIVE | The current price of ENB-PR-G.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 53.77 | NEUTRAL | The RSI value for ENB-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ENB-PR-G.CA has a positive trend. |
| 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) | 2.32 | MEDIUM VOLATILITY | The ATR as a percentage value for ENB-PR-G.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 7.67 | 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 5.17 PERP
TSX:ENB-PR-G (6/27/2025, 7:00:00 PM)
21.25
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week4.94%
2 Weeks3.21%
1 Month4.42%
3 Month-7.25%
6 Month4.73%
12 Month19.72%
2 Year13.33%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%2.32%
ATR Inc-73.15%
Range Today0
ADR(20)0.09
ADR(20)%0.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.35
Mansfield-1.02
10 Day High21.25
10 Day Low19.44
20 Day High21.77
20 Day Low19.44
52 Week High23.06
52 Week Low0
CS1 End21.02
CR1 Start23
Volume & EV
DER(3)0%
DER(5)0%
Volume600
Volume Incr1.88%
Vol(5)594
Vol(50)1.12K