ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) Stock Technical Analysis
TSX:ENB-PR-J • CA29250N6422
Overall ENB-PR-J gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB-PR-J is only an average performer.
- Warning: ENB-PR-J has an average volume of 7245 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 making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- 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 43% of all stocks.
- ENB-PR-J is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, ENB-PR-J did better than 42% of them.
- In the last month ENB-PR-J has a been trading in a tight range between 22.70 and 23.05.
- Volume is considerably higher in the last couple of days.
Although ENB-PR-J has an excellent technical rating, it 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
19.23
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.22 to 23.03. 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 21.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @20.05 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.
- Resistance @23.22 from a trend 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-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 | 43.45 | 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) | 58.62 | NEUTRAL | The RSI value for ENB-PR-J.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENB-PR-J.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 82.54 | 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) | 12 | NEGATIVE | The low ADX value for ENB-PR-J.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 5.988 PERP
TSX:ENB-PR-J (2/12/2026, 7:00:00 PM)
23.13
+0.13 (+0.57%)
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 7 / 10 to ENB-PR-J.CA.
What is the trend direction for ENB-PR-J 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 58.6188. This indicates that the stock is currently neutral.
What is the MACD signal for ENB-PR-J stock?
The MACD indicator for ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) has a value of -0.0083444, indicating a bearish trend.
Can you provide the support and resistance levels for ENBRIDGE INC - ENBCN 5.988 PERP?
ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) has a support level at 22.98 and a resistance level at 23.01. Check the full technical report for our detailed analysis of ENB-PR-J.CA support and resistance levels.