ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-H - CA29250N8402
Overall ENB-PR-H gets a technical rating of 6 out of 10. 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.
Although the technical rating is only medium, ENB-PR-H does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 22.55, a Stop Loss order could be placed below this zone.
More info and screens
19.54
We found 2 important support areas.
- A support zone ranging from 21.85 to 22.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.74 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 22.70 to 23.11. 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 | UP | POSITIVE | The short term trend for ENB-PR-H.CA is up. |
| ChartMill Relative Strength | 50.17 | NEUTRAL | ENB-PR-H.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENB-PR-H.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-H.CA is above 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) | 52.98 | NEUTRAL | The RSI value for ENB-PR-H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENB-PR-H.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 72.02 | NEUTRAL | The Stochastics value for ENB-PR-H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.95 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.04 | NEGATIVE | The low ADX value for ENB-PR-H.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 22.71 | 22.48 | 0.23 (1.03%) | 25.00% |
| An entry @22.71. This is a Buy Stop order right above the 10 day moving average. | An exit @22.48. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.23 points, which is 1.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.26%. |
- 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 (12/12/2025, 7:00:00 PM)
22.67
0 (0%)
ENBRIDGE INC - ENBCN 6.112 PERP / ENB-PR-H.CA FAQ
What is the technical rating for ENB-PR-H stock?
ChartMill assigns a technical rating of 6 / 10 to ENB-PR-H.CA.
What is the trend direction for ENB-PR-H stock?
The current trend direction for ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) is Bullish.
What is the RSI signal for ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) stock?
ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) has an RSI value of 52.9817. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENBRIDGE INC - ENBCN 6.112 PERP?
The short term momentum for ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) is positive.
What is the buy/sell signal for ENB-PR-H stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) is buy as both the short term and long term trends are positive.