ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Technical Analysis
TSX:ENB-PR-N • CA29250N7743
Taking everything into account, ENB-PR-N scores 6 out of 10 in our technical rating. Although ENB-PR-N is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- ENB-PR-N is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 62% of 210 stocks in the same industry do better.
- Warning: ENB-PR-N has an average volume of 12968 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- ENB-PR-N is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ENB-PR-N is leading the market.
- When compared to the yearly performance of all other stocks, ENB-PR-N outperforms 43% of them, which is more or less in line with the market.
- In the last month ENB-PR-N has a been trading in a tight range between 24.58 and 25.05.
Although the technical rating is only medium, ENB-PR-N does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.83, a Stop Loss order could be placed below this zone.
More info and screens
21.19
We found 3 important support areas.
- A support zone ranging from 23.79 to 24.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.40 to 23.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 21.40 to 21.74. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 25.05 to 25.05. This zone is formed by a combination of multiple trend lines 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 | 43.58 | NEUTRAL | ENB-PR-N.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENB-PR-N.CA is above 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) | 58.85 | 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) | 42.55 | NEUTRAL | The Stochastics value for ENB-PR-N.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.53 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-N.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 16.01 | NEGATIVE | The low ADX value for ENB-PR-N.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 25.06 | 24.57 | 0.49 (1.96%) | 25.00% |
| An entry @25.06. This is a Buy Stop order right above the resistance zone. | An exit @24.57. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.49 points, which is 1.96%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENB-PR-N.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 6.696 PERP
TSX:ENB-PR-N (3/6/2026, 7:00:00 PM)
24.88
+0.12 (+0.48%)
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 6 / 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 58.8455. 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 -0.0134241, 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.