ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Technical Analysis
TSX:ENB-PR-P • CA29250N7586
Current stock price
ENB-PR-P.CA Technical Rating and Analysis
Overall ENB-PR-P gets a technical rating of 7 out of 10. Although ENB-PR-P is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: ENB-PR-P has an average volume of 14896 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-P 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-P is leading the market.
- When compared to the yearly performance of all other stocks, ENB-PR-P outperforms 57% of them, which is more or less in line with the market.
- ENB-PR-P is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, ENB-PR-P did better than 41% of them.
- In the last month ENB-PR-P has a been trading in a tight range between 22.90 and 23.49.
- Volume is considerably higher in the last couple of days.
ENB-PR-P.CA Weekly and Daily overview Charts
ENB-PR-P.CA Setup Rating and Analysis
Besides having an excellent technical rating, ENB-PR-P also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for ENB-PR-P in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- 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-P.CA Support and Resistance Analysis
18.94
We found 5 important support areas.
- A support zone ranging from 22.80 to 22.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.13 to 22.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 21.67 to 21.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 21.19 to 21.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.13 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 23.36 to 23.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ENB-PR-P.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-P.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-P.CA is up. |
| ChartMill Relative Strength | 57.13 | NEUTRAL | ENB-PR-P.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-P.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-P.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-P.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.46 | NEUTRAL | The RSI value for ENB-PR-P.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ENB-PR-P.CA has a negative trend. |
| Stochastics (14,3) | 27.93 | NEUTRAL | The Stochastics value for ENB-PR-P.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.68 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-P.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 33.17 | POSITIVE | The high ADX value value for ENB-PR-P.CA suggests a strong trend. |
ENB-PR-P.CA Chart- and CandleStick Pattern Analysis
ENB-PR-P.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 |
|---|---|---|---|
| 23.47 | 23.19 | 0.28 (1.19%) | 25.00% |
| An entry @23.47. This is a Buy Stop order right above the resistance zone. | An exit @23.19. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.28 points, which is 1.19%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.30%. |
- 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-P.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 5.918 PERP
TSX:ENB-PR-P (3/25/2026, 7:00:00 PM)
23.35
+0.13 (+0.56%)
ENBRIDGE INC - ENBCN 5.918 PERP / ENB-PR-P.CA TA FAQ
What is the technical rating for ENB-PR-P stock?
ChartMill assigns a technical rating of 7 / 10 to ENB-PR-P.CA.
What is the trend direction for ENB-PR-P stock?
The current trend direction for ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) is Bullish.
What is the RSI signal for ENB-PR-P stock?
ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) has an RSI value of 55.4618. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENBRIDGE INC - ENBCN 5.918 PERP?
The MACD indicator for ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) has a value of -0.0334292, indicating a bearish trend.
What are the support and resistance levels for ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) stock?
ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) has a support level at 22.93 and a resistance level at 23.33. Check the full technical report for our detailed analysis of ENB-PR-P.CA support and resistance levels.