ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Technical Analysis
TSX:ENB-PR-N - Toronto Stock Exchange - CA29250N7743 - Currency: CAD
Overall ENB-PR-N gets a technical rating of 5 out of 10. ENB-PR-N has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
Warning: ENB-PR-N has an average volume of 15138 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ENB-PR-N is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENB-PR-N is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, ENB-PR-N outperforms 56% of them, which is more or less in line with the market.
ENB-PR-N is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 69% of 211 stocks in the same industry.
In the last month ENB-PR-N has a been trading in a tight range between 21.65 and 22.80.
ENB-PR-N has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
20.30
24.11
2 important support areas can be observed.
- A support zone ranging from 21.94 to 22.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.50 to 21.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 23.09 to 23.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 23.71 to 23.87. 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 | NEUTRAL | NEUTRAL | The long term trend for ENB-PR-N.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-N.CA is up. |
| ChartMill Relative Strength | 56.36 | 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 | 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) | 64.06 | NEUTRAL | The RSI value for ENB-PR-N.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ENB-PR-N.CA has a positive trend. |
| Stochastics (14,3) | 77.97 | NEUTRAL | The Stochastics value for ENB-PR-N.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.88 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-N.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 20.83 | 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 (5/30/2025, 7:00:00 PM)
22.65
+0.1 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.44%
1 Week2.3%
2 Weeks2.07%
1 Month4.23%
3 Month-0.57%
6 Month4.76%
12 Month9.53%
2 Year31.3%
3 Year9.69%
5 Year74.23%
10 Year12.69%
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%0.88%
ATR Inc-48.78%
Range Today0.1
ADR(20)0.17
ADR(20)%0.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.36
Mansfield-0.07
10 Day High22.65
10 Day Low21.65
20 Day High22.8
20 Day Low21.65
52 Week High23.87
52 Week Low19.52
CS1 End22.49
CR1 Start23.09
Volume & EV
DER(3)-6.31%
DER(5)-4.51%
Volume5.40K
Volume Incr-42.61%
Vol(5)9.85K
Vol(50)15.14K