ENBRIDGE INC - ENBCN 4.78 PERP (ENB-PR-I.CA) Stock Technical Analysis
TSX:ENB-PR-I - Toronto Stock Exchange - CA29250N8329 - Currency: CAD
Taking everything into account, ENB-PR-I scores 2 out of 10 in our technical rating. In the last year, ENB-PR-I was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
100% of all other stocks performed better in the past year than ENB-PR-I.
ENB-PR-I is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 94% of 207 stocks in the same industry do better.
In the last month ENB-PR-I has a been trading in the 20.00 - 26.00 range, which is quite wide. It is currently trading near the lows of this range.
Warning: ENB-PR-I has an average volume of 396 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
19.80
22.17
We found 2 important support areas.
- A support zone ranging from 20.50 to 20.66. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- A support zone ranging from 20.00 to 20.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.71 to 21.95. 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-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) | UP | MIXED | The current price of ENB-PR-I.CA is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.87 | NEUTRAL | The RSI value for ENB-PR-I.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests ENB-PR-I.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.35 | OVERSOLD | The low Stochastics value suggests ENB-PR-I.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.54 | MEDIUM VOLATILITY | The ATR as a percentage value for ENB-PR-I.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 8.47 | NEGATIVE | The low ADX value for ENB-PR-I.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)
ENBRIDGE INC - ENBCN 4.78 PERP
TSX:ENB-PR-I (7/16/2025, 7:00:00 PM)
20.75
+0.75 (+3.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg3.75%
1 Week-5.47%
2 Weeks1.22%
1 Month-5.03%
3 Month3.18%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%4.54%
ATR Inc-51.07%
Range Today0
ADR(20)0.32
ADR(20)%1.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High21.95
10 Day Low20
20 Day High26
20 Day Low20
52 Week HighN/A
52 Week LowN/A
CS1 End20.66
CR1 Start21.71
Volume & EV
DER(3)0%
DER(5)0%
Volume200
Volume Incr-46.13%
Vol(5)200.8
Vol(50)396.54