ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Technical Analysis
TSX:ENB-PR-N - CA29250N7743
24 CAD
+0.03 (+0.13%)
We assign a technical rating of 5 out of 10 to ENB-PR-N. ENB-PR-N 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-N has an average volume of 8886 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ENB-PR-N 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-N is lagging the market slightly.
When comparing the performance of all stocks over the past year, ENB-PR-N turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
ENB-PR-N is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 52% of 215 stocks in the same industry.
In the last month ENB-PR-N has a been trading in a tight range between 23.78 and 24.46.
Although the technical rating is only medium, ENB-PR-N does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.98, a Stop Loss order could be placed below this zone.
More info and screens
20.30
24.70
3 important support areas can be observed.
- A support zone ranging from 23.72 to 23.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.27 from a trend line in the weekly time frame.
- A support zone ranging from 20.50 to 20.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.03 to 24.46. This zone is formed by a combination of multiple trend lines and important moving averages 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-N.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-N.CA is neutral. |
| ChartMill Relative Strength | 42.92 | NEUTRAL | ENB-PR-N.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENB-PR-N.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-N.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-N.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.99 | NEUTRAL | The RSI value for ENB-PR-N.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ENB-PR-N.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.42 | NEUTRAL | The Stochastics value for ENB-PR-N.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-N.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 23.47 | NEUTRAL | The ADX value for ENB-PR-N.CA suggests a possible start of a new trend. |
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 6.696 PERP
TSX:ENB-PR-N (9/5/2025, 7:00:00 PM)
24
+0.03 (+0.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.13%
1 Week0.42%
2 Weeks0.71%
1 Month-1.52%
3 Month4.03%
6 Month5.73%
12 Month8.6%
2 Year31.87%
3 Year34.23%
5 Year65.75%
10 Year52.77%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.6%
ATR Inc-51.16%
Range Today0.04
ADR(20)0.11
ADR(20)%0.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.92
Mansfield-0.35
10 Day High24.09
10 Day Low23.78
20 Day High24.46
20 Day Low23.78
52 Week High24.46
52 Week Low20.37
CS1 End23.98
CR1 Start24.03
Volume & EV
DER(3)-30.13%
DER(5)-22.91%
Volume1.30K
Volume Incr-22.04%
Vol(5)6.39K
Vol(50)8.89K