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. In the last year, ENB-PR-N was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, ENB-PR-N does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 24.23. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.11, a Stop Loss order could be placed below this zone.
More info and screens
20.30
We found 3 important support areas.
- A support zone ranging from 23.79 to 24.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.40 to 21.56. This zone is formed by a combination of multiple trend lines 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.23 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 | 38.09 | 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) | UP | MIXED | The current price of ENB-PR-N.CA is below 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) | 53.85 | NEUTRAL | The RSI value for ENB-PR-N.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ENB-PR-N.CA has a positive trend. |
| Stochastics (14,3) | 87.04 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-N.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-N.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 25.57 | POSITIVE | The high ADX value value for ENB-PR-N.CA suggests a strong trend. |
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (12/23/2025, 7:00:00 PM)
24.18
+0.07 (+0.29%)
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.
What is the trend direction for ENB-PR-N stock?
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 53.8528. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) has a value of 0.0408041, indicating a bearish trend.
What is the short term momentum for ENB-PR-N stock?
The short term momentum for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is positive.