ENBRIDGE INC - ENBCN 4.29 PERP (ENB-PR-I.CA) Stock Technical Analysis
TSX:ENB-PR-I • CA29250N8329
Overall ENB-PR-I gets a technical rating of 1 out of 10. ENB-PR-I performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- 100% of all other stocks performed better in the past year than ENB-PR-I.
- ENB-PR-I is part of the Oil, Gas & Consumable Fuels industry. There are 203 other stocks in this industry, of which 94% are performing better than ENB-PR-I.
- ENB-PR-I is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Warning: ENB-PR-I has an average volume of 356 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 negative. It is probably better to wait until this picture becomes clearer.
- Considerably lower volume is observed in the last couple of days.
ENB-PR-I has a poor technical rating and the quality of the setup is also not perfect 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
19.42
We found 1 important support area.
- A support zone ranging from 19.62 to 19.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 20.26 to 21.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.55 from a horizontal line in the daily time frame.
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-I.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENB-PR-I.CA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ENB-PR-I.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENB-PR-I.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENB-PR-I.CA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 44.46 | NEUTRAL | The RSI value for ENB-PR-I.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests ENB-PR-I.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.46 | OVERSOLD | The low Stochastics value suggests ENB-PR-I.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.33 | MEDIUM VOLATILITY | The ATR as a percentage value for ENB-PR-I.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 7 | NEGATIVE | The low ADX value for ENB-PR-I.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 4.29 PERP
TSX:ENB-PR-I (2/3/2026, 7:00:00 PM)
19.85
+0.1 (+0.51%)
ENBRIDGE INC - ENBCN 4.29 PERP / ENB-PR-I.CA FAQ
What is the ChartMill technical rating of ENBRIDGE INC - ENBCN 4.29 PERP (ENB-PR-I.CA) stock?
ChartMill assigns a technical rating of 1 / 10 to ENB-PR-I.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 4.29 PERP (ENB-PR-I.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 4.29 PERP (ENB-PR-I.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 4.29 PERP?
ENBRIDGE INC - ENBCN 4.29 PERP (ENB-PR-I.CA) has an RSI value of 44.4557. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC - ENBCN 4.29 PERP (ENB-PR-I.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 4.29 PERP (ENB-PR-I.CA) has a value of -0.0701224, indicating a bearish trend.
What is the buy/sell signal for ENBRIDGE INC - ENBCN 4.29 PERP (ENB-PR-I.CA) stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 4.29 PERP (ENB-PR-I.CA) is hold as the short term and long term trends are mixed.