ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) Stock Technical Analysis
TSX:ENB-PR-H • CA29250N8402
Taking everything into account, ENB-PR-H scores 7 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 5896 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-H 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.
- When compared to the yearly performance of all other stocks, ENB-PR-H outperforms 44% of them, which is more or less in line with the market.
- ENB-PR-H is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 41% of 203 stocks in the same industry.
- In the last month ENB-PR-H has a been trading in a tight range between 22.80 and 23.38.
- Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, ENB-PR-H also presents a decent setup pattern. 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 23.05, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ENB-PR-H in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
19.76
We found 3 important support areas.
- A support zone ranging from 22.55 to 23.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.85 to 21.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.96 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 23.09 to 23.38. 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 | 44.01 | NEUTRAL | ENB-PR-H.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-H.CA is above the rising 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) | 51.69 | 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) | 40.74 | NEUTRAL | The Stochastics value for ENB-PR-H.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-H.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.9 | 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 |
|---|---|---|---|
| 23.15 | 22.96 | 0.19 (0.83%) | 25.00% |
| An entry @23.15. This is a Buy Stop order right above the 10 day moving average. | An exit @22.96. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.19 points, which is 0.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.21%. |
- 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 (2/19/2026, 7:00:00 PM)
23.08
+0.04 (+0.17%)
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 7 / 10 to ENB-PR-H.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) is Bullish.
What is the RSI signal for ENB-PR-H stock?
ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) has an RSI value of 51.6883. This indicates that the stock is currently neutral.
What is the short term momentum for ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) stock?
The short term momentum for ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) is positive.
What is the support and resistance level for ENB-PR-H stock?
ENBRIDGE INC - ENBCN 6.112 PERP (ENB-PR-H.CA) has a support level at 23.05 and a resistance level at 23.09. Check the full technical report for our detailed analysis of ENB-PR-H.CA support and resistance levels.