ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-N - CA29250N7743
Overall ENB-PR-N gets a technical rating of 5 out of 10. Although ENB-PR-N is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, ENB-PR-N is a bad performer in the overall market: 66% of all stocks are doing better.
- ENB-PR-N is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 214 stocks in the same industry do better.
- Warning: ENB-PR-N has an average volume of 8646 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-N 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.
- In the last month ENB-PR-N has a been trading in a tight range between 24.01 and 24.54.
- Volume is considerably higher in the last couple of days.
ENB-PR-N has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 24.32, a Stop Loss order could be placed below this zone.
More info and screens
20.69
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.79 to 24.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.40 from a horizontal line in the daily time frame.
- A support zone ranging from 21.40 to 21.61. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @20.90 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.38 to 24.86. 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 | UP | POSITIVE | The short term trend for ENB-PR-N.CA is up. |
| ChartMill Relative Strength | 34.7 | NEUTRAL | ENB-PR-N.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-N.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ENB-PR-N.CA is above a declining 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) | 53.66 | NEUTRAL | The RSI value for ENB-PR-N.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENB-PR-N.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.02 | NEUTRAL | The Stochastics value for ENB-PR-N.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.5 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-N.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 17.94 | NEGATIVE | The low ADX value for ENB-PR-N.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (1/16/2026, 7:00:00 PM)
24.35
-0.14 (-0.57%)
ENBRIDGE INC - ENBCN 6.696 PERP / ENB-PR-N.CA FAQ
What is the ChartMill technical rating of ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?
ChartMill assigns a technical rating of 5 / 10 to ENB-PR-N.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 6.696 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is Bullish.
What is the RSI signal for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?
ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) has an RSI value of 53.6621. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENBRIDGE INC - ENBCN 6.696 PERP?
The MACD indicator for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) has a value of 0.00594856, indicating a bearish trend.
What is the buy/sell signal for ENB-PR-N stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is buy as both the short term and long term trends are positive.