ENBRIDGE INC - ENBCN 4.34 PERP (ENB-PR-I.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-I - CA29250N8329
We assign a technical rating of 2 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.
ENB-PR-I has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 20.40, a Stop Loss order could be placed below this zone.
More info and screens
19.80
When analyzing the support we notice one important area.
- A support zone ranging from 20.00 to 20.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 20.50 to 20.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @21.95 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) | UP | MIXED | The current price of ENB-PR-I.CA is below the rising SMA(50). |
| Relative Strength Index/RSI (14) | 47.51 | NEUTRAL | The RSI value for ENB-PR-I.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ENB-PR-I.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.42 | NEUTRAL | The Stochastics value for ENB-PR-I.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for ENB-PR-I.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 8.99 | NEGATIVE | The low ADX value for ENB-PR-I.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 4.34 PERP
TSX:ENB-PR-I (11/3/2025, 7:00:00 PM)
20.49
0 (0%)
ENBRIDGE INC - ENBCN 4.34 PERP / ENB-PR-I.CA FAQ
What is the ChartMill technical rating of ENBRIDGE INC - ENBCN 4.34 PERP (ENB-PR-I.CA) stock?
ChartMill assigns a technical rating of 2 / 10 to ENB-PR-I.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 4.34 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 4.34 PERP (ENB-PR-I.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 4.34 PERP?
ENBRIDGE INC - ENBCN 4.34 PERP (ENB-PR-I.CA) has an RSI value of 47.5063. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENBRIDGE INC - ENBCN 4.34 PERP?
The MACD indicator for ENBRIDGE INC - ENBCN 4.34 PERP (ENB-PR-I.CA) has a value of -0.0568539, indicating a bearish trend.
What is the short term momentum for ENB-PR-I stock?
The short term momentum for ENBRIDGE INC - ENBCN 4.34 PERP (ENB-PR-I.CA) is negative.