ENBRIDGE INC - ENBCN 5.918 PERP (ENB-PR-P.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-P - CA29250N7586
Taking everything into account, ENB-PR-P scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB-PR-P is only an average performer.
ENB-PR-P has an average technical rating and it also does not offer a high 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.
More info and screens
17.69
4 important support areas can be observed.
- A support zone ranging from 21.40 to 21.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @20.51 from a horizontal line in the daily time frame.
- Support @18.86 from a trend line in the weekly time frame.
- Support @17.87 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.10 to 22.50. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-P.CA is neutral. |
| ChartMill Relative Strength | 51.3 | NEUTRAL | ENB-PR-P.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENB-PR-P.CA is below 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) | 44.95 | NEUTRAL | The RSI value for ENB-PR-P.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ENB-PR-P.CA has a negative trend. |
| Stochastics (14,3) | 32.95 | NEUTRAL | The Stochastics value for ENB-PR-P.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-P.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 43.3 | POSITIVE | The high ADX value value for ENB-PR-P.CA suggests a strong trend. |
ENBRIDGE INC - ENBCN 5.918 PERP
TSX:ENB-PR-P (11/17/2025, 7:00:00 PM)
21.95
-0.08 (-0.36%)
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 6 / 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 Bullish.
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 44.9464. 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 21.85 and a resistance level at 22.1. Check the full technical report for our detailed analysis of ENB-PR-P.CA support and resistance levels.