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ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Stock Technical Analysis

TSX:ENB-PR-P - Toronto Stock Exchange - CA29250N7586 - Currency: CAD

19.35  +0.14 (+0.73%)

Technical Rating and Analysis

1

Overall ENB-PR-P gets a technical rating of 1 out of 10. ENB-PR-P has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
Warning: ENB-PR-P has an average volume of 7836 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the performance of all stocks over the past year, ENB-PR-P turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
ENB-PR-P is part of the Oil, Gas & Consumable Fuels industry. There are 218 other stocks in this industry, ENB-PR-P did better than 68% of them.
ENB-PR-P is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ENB-PR-P has a been trading in the 18.06 - 20.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 5.918 PERP / ENB-PR-P Weekly stock chart
ENBRIDGE INC - ENBCN 5.918 PERP / ENB-PR-P Daily stock chart
Setup Rating and Analysis

3

The technical rating of ENB-PR-P is bad and it also does not present a 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.

Support and Resistance Analysis

17.69

21.01

We found 2 important support areas.

  • A support zone ranging from 18.36 to 18.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @17.87 from a horizontal line in the weekly time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 19.37 to 19.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 20.07 to 20.16. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 20.78 to 20.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.99
Mansfield0.04
10 Day High19.4
10 Day Low18.65
20 Day High20.32
20 Day Low18.06
52 Week High20.92
52 Week Low17.5
Performance
1 Week2.33%
2 Weeks2.76%
1 Month-4.73%
3 Month-6.75%
6 Month-0.92%
12 Month4.03%
2 Year25.81%
3 Year1.31%
5 Year67.1%
10 Year-0.82%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)51.86
LBB18.43
UBB19.38
ENBRIDGE INC - ENBCN 5.918 PERP / ENB-PR-P Daily stock chart

ENBRIDGE INC - ENBCN 5.918 PERP

TSX:ENB-PR-P (5/1/2025, 7:00:00 PM)

19.35

+0.14 (+0.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.73%
1 Week2.33%
2 Weeks2.76%
1 Month-4.73%
3 Month-6.75%
6 Month-0.92%
12 Month4.03%
2 Year25.81%
3 Year1.31%
5 Year67.1%
10 Year-0.82%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.58%
ATR Inc-47.19%
Range Today0.14
ADR(20)0.25
ADR(20)%1.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.99
Mansfield0.04
10 Day High19.4
10 Day Low18.65
20 Day High20.32
20 Day Low18.06
52 Week High20.92
52 Week Low17.5
CS1 End18.45
CR1 Start19.37
Volume & EV
DER(3)-2.59%
DER(5)-14.26%
Volume4.71K
Volume Incr0.37%
Vol(5)8.38K
Vol(50)7.84K