ENBRIDGE INC - ENBCN 4.32 PERP (ENB-PR-I.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-I - CA29250N8329
We assign a technical rating of 1 out of 10 to ENB-PR-I. ENB-PR-I performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, ENB-PR-I is a bad performer in the overall market: 100% of all stocks are doing better.
- ENB-PR-I is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 93% are performing better than ENB-PR-I.
- In the last month ENB-PR-I has a been trading in the 19.62 - 21.95 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: ENB-PR-I has an average volume of 350 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- Considerably lower volume is observed in the last couple of days.
The technical rating of ENB-PR-I is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
19.42
We found 1 important support area.
- A support zone ranging from 19.62 to 19.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @19.80 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.31 to 20.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 20.88 to 21.15. 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) | 43.6 | 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. |
| Stochastics (14,3) | 5.35 | OVERSOLD | The low Stochastics value suggests ENB-PR-I.CA may be oversold. |
| Average True Range in percent/ATR (20) | 2.61 | MEDIUM VOLATILITY | The ATR as a percentage value for ENB-PR-I.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 7.63 | NEGATIVE | The low ADX value for ENB-PR-I.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 4.32 PERP
TSX:ENB-PR-I (12/31/2025, 7:00:00 PM)
19.75
-0.05 (-0.25%)
ENBRIDGE INC - ENBCN 4.32 PERP / ENB-PR-I.CA FAQ
What is the ChartMill technical rating of ENBRIDGE INC - ENBCN 4.32 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 4.32 PERP (ENB-PR-I.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 4.32 PERP (ENB-PR-I.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 4.32 PERP?
ENBRIDGE INC - ENBCN 4.32 PERP (ENB-PR-I.CA) has an RSI value of 43.5971. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC - ENBCN 4.32 PERP (ENB-PR-I.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 4.32 PERP (ENB-PR-I.CA) has a value of -0.0736926, indicating a bearish trend.
What is the buy/sell signal for ENBRIDGE INC - ENBCN 4.32 PERP (ENB-PR-I.CA) stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 4.32 PERP (ENB-PR-I.CA) is hold as the short term and long term trends are mixed.