ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-N - CA29250N7743
Taking everything into account, ENB-PR-N scores 5 out of 10 in our technical rating. 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.
- 66% of all other stocks performed better in the past year than ENB-PR-N.
- ENB-PR-N is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 64% of 206 stocks in the same industry do better.
- Warning: ENB-PR-N has an average volume of 10638 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 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.
- In the last month ENB-PR-N has a been trading in a tight range between 24.18 and 24.57.
- Volume is considerably higher in the last couple of days.
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 support zone below the current price at 24.31, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
20.69
We found 4 important support areas.
- A support zone ranging from 23.79 to 24.31. 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 21.63. 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 | 34.06 | NEUTRAL | ENB-PR-N.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENB-PR-N.CA is below 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) | 52.2 | 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. |
| Stochastics (14,3) | 23.97 | NEUTRAL | The Stochastics value for ENB-PR-N.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.49 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-N.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.96 | 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 (1/23/2026, 7:00:00 PM)
24.36
+0.01 (+0.04%)
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 52.2017. 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 -0.0120659, 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.