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ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) Stock Technical Analysis

Canada - Toronto Stock Exchange - TSX:ENB-PR-J - CA29250N6422

22.27 CAD
+0.02 (+0.09%)
Last: 12/9/2025, 7:00:00 PM
Technical Rating and Analysis

5

Overall ENB-PR-J gets a technical rating of 5 out of 10. ENB-PR-J has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

Warning: ENB-PR-J has an average volume of 7787 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 neutral. The long term trend may just continue or reversal may be around the corner!
ENB-PR-J is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENB-PR-J is lagging the market slightly.
In the last month ENB-PR-J has a been trading in the 21.53 - 22.89 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, ENB-PR-J outperforms 46% of them, which is more or less in line with the market.
ENB-PR-J is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 46% of 218 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.

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Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 5.988 PERP / ENB-PR-J Weekly stock chart
ENBRIDGE INC - ENBCN 5.988 PERP / ENB-PR-J Daily stock chart
Setup Rating and Analysis

6

ENB-PR-J has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.

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Support and Resistance Analysis

18.79

23.12

We found 5 important support areas.

  • A support zone ranging from 22.18 to 22.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.55 to 21.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @19.83 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.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 22.83 to 22.89. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for ENB-PR-J.CA is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for ENB-PR-J.CA is neutral.
ChartMill Relative Strength46.72NEUTRALENB-PR-J.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of ENB-PR-J.CA is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ENB-PR-J.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ENB-PR-J.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)49.98NEUTRALThe RSI value for ENB-PR-J.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests ENB-PR-J.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)75.51NEUTRALThe Stochastics value for ENB-PR-J.CA is a neutral value.
Average True Range in percent/ATR (20)0.93LOW VOLATILITYThe low ATR as a percentage value for ENB-PR-J.CA suggests low volalility.
Average Directional Index/ADX (14)21.42NEUTRALThe ADX value for ENB-PR-J.CA suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)

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ENBRIDGE INC - ENBCN 5.988 PERP / ENB-PR-J Daily stock chart

ENBRIDGE INC - ENBCN 5.988 PERP

TSX:ENB-PR-J (12/9/2025, 7:00:00 PM)

22.27

+0.02 (+0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.09%
1 Week-1.02%
2 Weeks1.69%
1 Month-2.54%
3 Month1.46%
6 Month7.07%
12 Month9.33%
2 Year32.64%
3 Year42.67%
5 Year52.53%
10 Year22.84%
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%0.93%
ATR Inc-59.93%
Range Today0.03
ADR(20)0.14
ADR(20)%0.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.72
3 months CRS47.79
6 months CRS46.58
Mansfield-0.6
10 Day High22.51
10 Day Low21.97
20 Day High22.89
20 Day Low21.53
52 Week High22.89
52 Week Low18.47
CS1 End22.25
CR1 Start22.83
Volume & EV
DER(3)0%
DER(5)0%
Volume1.20K
Volume Incr-47.46%
Vol(5)3.44K
Vol(50)7.79K

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 5 / 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 49.9775. 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 0.0149822, 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 22.25 and a resistance level at 22.83. Check the full technical report for our detailed analysis of ENB-PR-J.CA support and resistance levels.