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

Canada - TSX:ENB-PR-J - CA29250N6422

22.16 CAD
-0.14 (-0.63%)
Last: 10/23/2025, 7:00:00 PM
Technical Rating and Analysis

6

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.

Warning: ENB-PR-J has an average volume of 8290 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
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.
When comparing the performance of all stocks over the past year, ENB-PR-J turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
ENB-PR-J is part of the Oil, Gas & Consumable Fuels industry. There are 207 other stocks in this industry, ENB-PR-J did better than 50% of them.
In the last month ENB-PR-J has a been trading in a tight range between 21.85 and 22.30.
Volume is considerably higher in the last couple of days.
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

3

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.

Support and Resistance Analysis

18.79

23.08

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.
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 IndicatorUPPOSITIVEThe short term trend for ENB-PR-J.CA is up.
ChartMill Relative Strength40.58NEUTRALENB-PR-J.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of ENB-PR-J.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of ENB-PR-J.CA is above a declining 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)55.9NEUTRALThe RSI value for ENB-PR-J.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.02POSITIVEThe MACD value suggests ENB-PR-J.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)84.44OVERBOUGHTThe high Stochastics value suggests ENB-PR-J.CA may be overbought.
Average True Range in percent/ATR (20)0.34LOW VOLATILITYThe low ATR as a percentage value for ENB-PR-J.CA suggests low volalility.
Average Directional Index/ADX (14)25.97POSITIVEThe high ADX value value for ENB-PR-J.CA suggests a strong 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)
ENBRIDGE INC - ENBCN 5.988 PERP / ENB-PR-J Daily stock chart

ENBRIDGE INC - ENBCN 5.988 PERP

TSX:ENB-PR-J (10/23/2025, 7:00:00 PM)

22.16

-0.14 (-0.63%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.63%
1 Week0.5%
2 Weeks0.41%
1 Month1.7%
3 Month-1.07%
6 Month14.46%
12 Month11.81%
2 Year32.93%
3 Year34.3%
5 Year64.64%
10 Year21.23%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%0.34%
ATR Inc66.34%
Range Today0
ADR(20)0.05
ADR(20)%0.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.58
3 months CRS20.81
6 months CRS48.37
Mansfield-0.5
10 Day High22.3
10 Day Low22.03
20 Day High22.3
20 Day Low21.85
52 Week High22.86
52 Week Low18.47
CS1 End22.13
CR1 Start22.19
Volume & EV
DER(3)0%
DER(5)0%
Volume400
Volume Incr187.53%
Vol(5)19.41K
Vol(50)8.29K

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.