ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) Technical Analysis
TSX:ENB-PR-J • CA29250N6422
Current stock price
ENB-PR-J.CA Technical Rating and Analysis
Overall ENB-PR-J gets a technical rating of 8 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 8204 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- ENB-PR-J is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When compared to the yearly performance of all other stocks, ENB-PR-J outperforms 55% of them, which is more or less in line with the market.
- ENB-PR-J is part of the Oil, Gas & Consumable Fuels industry. There are 203 other stocks in this industry, ENB-PR-J did better than 40% of them.
- In the last month ENB-PR-J has a been trading in a tight range between 22.91 and 24.05.
- Volume is considerably higher in the last couple of days.
ENB-PR-J.CA Weekly and Daily overview Charts
ENB-PR-J.CA Setup Rating and Analysis
Although ENB-PR-J has an excellent technical rating, the quality of the presented setup is not ideal 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
ENB-PR-J.CA Support and Resistance Analysis
19.23
6 important support areas can be observed.
- A support zone ranging from 23.40 to 23.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.73 to 23.00. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.22 to 22.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @21.55 from a horizontal line in the weekly time frame.
- Support @20.32 from a trend line in the weekly time frame.
- Support @19.42 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.99 to 23.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENB-PR-J.CA 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.
| 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 | 55.83 | 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) | UP | POSITIVE | The current price of ENB-PR-J.CA is above the rising 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) | 59.58 | 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) | 89.3 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-J.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.52 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-J.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 9.57 | NEGATIVE | The low ADX value for ENB-PR-J.CA suggests a weak or negative trend. |
ENB-PR-J.CA Chart- and CandleStick Pattern Analysis
ENB-PR-J.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 5.988 PERP
TSX:ENB-PR-J (4/29/2026, 7:00:00 PM)
23.87
-0.03 (-0.13%)
ENBRIDGE INC - ENBCN 5.988 PERP / ENB-PR-J.CA TA FAQ
Can you provide the ChartMill technical rating for ENBRIDGE INC - ENBCN 5.988 PERP?
ChartMill assigns a technical rating of 8 / 10 to ENB-PR-J.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 5.988 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) is Bullish.
What is the RSI signal for ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) stock?
ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) has an RSI value of 59.5832. This indicates that the stock is currently neutral.
What is the buy/sell signal for ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) is buy as both the short term and long term trends are positive.
What is the support and resistance level for ENB-PR-J stock?
ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) has a support level at 23.79 and a resistance level at 23.99. Check the full technical report for our detailed analysis of ENB-PR-J.CA support and resistance levels.