ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-J - CA29250N6422
Overall ENB-PR-J gets a technical rating of 6 out of 10. Although ENB-PR-J is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
ENB-PR-J has an average technical rating and it also does not offer a high quality setup 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
18.79
We found 5 important support areas.
- A support zone ranging from 21.73 to 22.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.76 from a horizontal line in the daily time frame.
- Support @20.00 from a trend line in the weekly time frame.
- Support @19.42 from a horizontal line in the weekly time frame.
- Support @18.98 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 22.19 to 22.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 22.83 to 22.85. This zone is formed by a combination of multiple trend lines 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-J.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-J.CA is up. |
| ChartMill Relative Strength | 40.58 | NEUTRAL | ENB-PR-J.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-J.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ENB-PR-J.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-J.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.9 | NEUTRAL | The RSI value for ENB-PR-J.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ENB-PR-J.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.44 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-J.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-J.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.97 | POSITIVE | The high ADX value value for ENB-PR-J.CA suggests a strong trend. |
ENBRIDGE INC - ENBCN 5.988 PERP
TSX:ENB-PR-J (10/23/2025, 7:00:00 PM)
22.16
-0.14 (-0.63%)
ENBRIDGE INC - ENBCN 5.988 PERP / ENB-PR-J.CA FAQ
Can you provide the ChartMill technical rating for ENBRIDGE INC - ENBCN 5.988 PERP?
ChartMill assigns a technical rating of 6 / 10 to ENB-PR-J.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) is Bullish.
What is the RSI signal for ENB-PR-J stock?
ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) has an RSI value of 55.8971. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) has a value of 0.0225632, indicating a bearish trend.
What are the support and resistance levels for ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) stock?
ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) has a support level at 22.13 and a resistance level at 22.19. Check the full technical report for our detailed analysis of ENB-PR-J.CA support and resistance levels.