ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Technical Analysis
TSX:ENB-PR-N • CA29250N7743
Current stock price
ENB-PR-N.CA Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to ENB-PR-N. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB-PR-N is only an average performer.
- ENB-PR-N is part of the Oil, Gas & Consumable Fuels industry. There are 204 other stocks in this industry, of which 66% are performing better than ENB-PR-N.
- Warning: ENB-PR-N has an average volume of 10075 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.
- When comparing the performance of all stocks over the past year, ENB-PR-N turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- In the last month ENB-PR-N has a been trading in a tight range between 24.31 and 24.97.
- Considerably lower volume is observed in the last couple of days.
ENB-PR-N.CA Weekly and Daily overview Charts
ENB-PR-N.CA Setup Rating and Analysis
Besides having an excellent technical rating, ENB-PR-N also presents a decent setup pattern. 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 25.05. 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. We notice that large players showed an interest for ENB-PR-N in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
ENB-PR-N.CA Support and Resistance Analysis
21.19
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.79 to 24.83. 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.
- Support @21.85 from a trend line in the weekly time frame.
- Support @21.40 from a horizontal line 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.
ENB-PR-N.CA Technical Indicator Signal Analysis
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 | 48.99 | 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) | 61.42 | 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) | 96.95 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-N.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.69 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-N.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 18.93 | NEGATIVE | The low ADX value for ENB-PR-N.CA suggests a weak or negative trend. |
ENB-PR-N.CA Chart- and CandleStick Pattern Analysis
ENB-PR-N.CA Example Setup
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 | 24.30 | 0.76 (3.03%) | 25.00% |
| An entry @25.06. This is a Buy Stop order right above the resistance zone. | An exit @24.30. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.76 points, which is 3.03%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- 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 (4/13/2026, 7:00:00 PM)
24.94
+0.01 (+0.04%)
ENBRIDGE INC - ENBCN 6.696 PERP / ENB-PR-N.CA TA 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 7 / 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.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 6.696 PERP?
ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) has an RSI value of 61.4214. This indicates that the stock is currently neutral.
What is the short term momentum for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) stock?
The short term momentum for ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) is positive.
What is the support and resistance level for ENB-PR-N stock?
ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) has a support level at 24.83 and a resistance level at 25.05. Check the full technical report for our detailed analysis of ENB-PR-N.CA support and resistance levels.