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

Canada - Toronto Stock Exchange - TSX:ENB-PR-P - CA29250N7586

22.14 CAD
-0.09 (-0.4%)
Last: 12/5/2025, 7:00:00 PM
Technical Rating and Analysis

5

Taking everything into account, ENB-PR-P scores 5 out of 10 in our technical rating. 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 10993 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-P 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.
In the last month ENB-PR-P has a been trading in the 21.19 - 22.59 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When compared to the yearly performance of all other stocks, ENB-PR-P outperforms 50% 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 218 other stocks in this industry, ENB-PR-P did better than 51% of them.
Considerably lower volume is observed in the last couple of days.

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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

6

ENB-PR-P has an average technical rating and also the quality of the setup is only medium 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.

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Support and Resistance Analysis

17.69

22.73

We found 3 important support areas.

  • A support zone ranging from 21.19 to 22.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @18.89 from a trend line in the weekly time frame.
  • Support @17.87 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 22.38 to 22.50. This zone is formed by a combination of multiple trend lines in multiple time frames.

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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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for ENB-PR-P.CA is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for ENB-PR-P.CA is up.
ChartMill Relative Strength50.03NEUTRALENB-PR-P.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of ENB-PR-P.CA is above a declining SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of ENB-PR-P.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of ENB-PR-P.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)54.61NEUTRALThe RSI value for ENB-PR-P.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.05POSITIVEThe MACD value suggests ENB-PR-P.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)87.4OVERBOUGHTThe high Stochastics value suggests ENB-PR-P.CA may be overbought.
Average True Range in percent/ATR (20)0.95LOW VOLATILITYThe low ATR as a percentage value for ENB-PR-P.CA suggests low volalility.
Average Directional Index/ADX (14)29.17POSITIVEThe high ADX value value for ENB-PR-P.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)

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ENBRIDGE INC - ENBCN 5.918 PERP / ENB-PR-P Daily stock chart

ENBRIDGE INC - ENBCN 5.918 PERP

TSX:ENB-PR-P (12/5/2025, 7:00:00 PM)

22.14

-0.09 (-0.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.4%
1 Week0.64%
2 Weeks4.43%
1 Month-0.72%
3 Month1.79%
6 Month7.95%
12 Month13.48%
2 Year32.18%
3 Year41.92%
5 Year54.07%
10 Year31.39%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%0.95%
ATR Inc-49.4%
Range Today0.11
ADR(20)0.18
ADR(20)%0.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.03
3 months CRS44.19
6 months CRS47.2
Mansfield-0.54
10 Day High22.38
10 Day Low21.26
20 Day High22.59
20 Day Low21.19
52 Week High22.59
52 Week Low18.06
CS1 End22.05
CR1 Start22.38
Volume & EV
DER(3)0%
DER(5)0%
Volume3.40K
Volume Incr-38.81%
Vol(5)6.34K
Vol(50)10.99K

ENBRIDGE INC - ENBCN 5.918 PERP / ENB-PR-P.CA FAQ

What is the technical rating for ENB-PR-P stock?

ChartMill assigns a technical rating of 5 / 10 to ENB-PR-P.CA.


Can you provide the trend direction for ENBRIDGE INC - ENBCN 5.918 PERP?

The current trend direction for ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) is Bearish.


What is the RSI signal for ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) stock?

ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) has an RSI value of 54.6109. This indicates that the stock is currently neutral.


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 22.05 and a resistance level at 22.38. Check the full technical report for our detailed analysis of ENB-PR-P.CA support and resistance levels.