ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-H - CA29250N8402
22.08 CAD
+0.01 (+0.05%)
Taking everything into account, ENB-PR-H scores 6 out of 10 in our technical rating. Although ENB-PR-H 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-H has an average volume of 4019 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
ENB-PR-H is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENB-PR-H is lagging the market slightly.
When comparing the performance of all stocks over the past year, ENB-PR-H turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
ENB-PR-H is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 51% of 220 stocks in the same industry.
In the last month ENB-PR-H has a been trading in a tight range between 21.95 and 22.28.
ENB-PR-H has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 21.91, a Stop Loss order could be placed below this zone.
More info and screens
18.78
22.97
4 important support areas can be observed.
- A support zone ranging from 21.87 to 21.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.07 from a horizontal line in the daily time frame.
- Support @19.94 from a trend line in the weekly time frame.
- Support @18.97 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.12 to 22.74. This zone is formed by a combination of multiple trend lines and important moving averages 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-H.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-H.CA is neutral. |
| ChartMill Relative Strength | 45.3 | NEUTRAL | ENB-PR-H.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENB-PR-H.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENB-PR-H.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-H.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.83 | NEUTRAL | The RSI value for ENB-PR-H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENB-PR-H.CA has a negative trend. |
| Stochastics (14,3) | 44.95 | NEUTRAL | The Stochastics value for ENB-PR-H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.69 | NEGATIVE | The low ADX value for ENB-PR-H.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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.13 | 21.99 | 0.14 (0.63%) | 25.00% |
| An entry @22.13. This is a Buy Stop order right above the 10 day moving average. | An exit @21.99. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.14 points, which is 0.63%. | For a 0.16% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ENB-PR-H. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENBRIDGE INC - ENBCN 6.112 PERP
TSX:ENB-PR-H (9/24/2025, 7:00:00 PM)
22.08
+0.01 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.05%
1 Week-0.27%
2 Weeks-0.23%
1 Month0.96%
3 Month4.1%
6 Month6.77%
12 Month9.96%
2 Year34.47%
3 Year32.14%
5 Year81.13%
10 Year60.12%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.53%
ATR Inc22.09%
Range Today0.17
ADR(20)0.09
ADR(20)%0.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.3
Mansfield-0.42
10 Day High22.25
10 Day Low22
20 Day High22.28
20 Day Low21.95
52 Week High22.74
52 Week Low18.5
CS1 End21.91
CR1 Start22.12
Volume & EV
DER(3)0%
DER(5)0%
Volume3.01K
Volume Incr-7.06%
Vol(5)3.41K
Vol(50)4.02K