ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Stock Technical Analysis
TSX:ENB-PR-P - Toronto Stock Exchange - CA29250N7586 - Currency: CAD
We assign a technical rating of 6 out of 10 to ENB-PR-P. ENB-PR-P has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: ENB-PR-P has an average volume of 8177 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-P is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry. ENB-PR-P outperforms 75% of them.
ENB-PR-P 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-P is performing more or less in line with the market.
When compared to the yearly performance of all other stocks, ENB-PR-P outperforms 60% of them, which is more or less in line with the market.
In the last month ENB-PR-P has a been trading in a tight range between 19.40 and 20.36.
ENB-PR-P has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
17.69
21.01
We found 3 important support areas.
- A support zone ranging from 19.64 to 20.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.36 to 18.58. 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.
We found 1 important resistance area.
- A resistance zone ranging from 20.50 to 20.80. 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-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 | 60.75 | 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) | 67.19 | NEUTRAL | The RSI value for ENB-PR-P.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ENB-PR-P.CA has a positive trend. |
| Stochastics (14,3) | 83.56 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-P.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.64 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-P.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.51 | POSITIVE | The high ADX value value for ENB-PR-P.CA suggests a strong 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 5.918 PERP
TSX:ENB-PR-P (5/30/2025, 7:00:00 PM)
20.36
+0.13 (+0.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.64%
1 Week1.85%
2 Weeks1.8%
1 Month5.22%
3 Month0.05%
6 Month5%
12 Month11.32%
2 Year32.38%
3 Year6.6%
5 Year75.82%
10 Year4.36%
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%0.64%
ATR Inc-30.37%
Range Today0.11
ADR(20)0.11
ADR(20)%0.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.75
Mansfield0.03
10 Day High20.36
10 Day Low19.79
20 Day High20.36
20 Day Low19.4
52 Week High20.92
52 Week Low17.5
CS1 End20.16
CR1 Start20.5
Volume & EV
DER(3)-22.8%
DER(5)-17.3%
Volume4.40K
Volume Incr-0.16%
Vol(5)9.28K
Vol(50)8.18K