ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ENB-PR-G • CA29250N8576
Taking everything into account, ENB-PR-G scores 8 out of 10 in our technical rating. 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 1046 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-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 20.65 - 22.94 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 44% 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 46% of 216 stocks in the same industry.
Although ENB-PR-G 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.
More info and screens
18.91
We found 5 important support areas.
- A support zone ranging from 21.50 to 21.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.10 from a trend line in the weekly time frame.
- Support @20.40 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 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 | 44.24 | 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) | 53.56 | NEUTRAL | The RSI value for ENB-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENB-PR-G.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 67.9 | NEUTRAL | The Stochastics value for ENB-PR-G.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-G.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 11.9 | NEGATIVE | The low ADX value for ENB-PR-G.CA suggests a weak or negative trend. |
TSX:ENB-PR-G (2/4/2026, 7:00:00 PM)
22.45
-0.31 (-1.36%)
ENBRIDGE INC - ENBCN 4.7 PERP / ENB-PR-G.CA 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 4.7 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 4.7 PERP?
ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) has an RSI value of 53.5555. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENBRIDGE INC - ENBCN 4.7 PERP?
The short term momentum for ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) is positive.
Can you provide the buy/sell signal for ENBRIDGE INC - ENBCN 4.7 PERP?
The buy/sell signal for ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) is buy as both the short term and long term trends are positive.