ENBRIDGE INC - ENBCN 6.314 PERP (ENB-PR-T.CA) Technical Analysis
TSX:ENB-PR-T • CA29250N7339
Current stock price
ENB-PR-T.CA Technical Rating and Analysis
Overall ENB-PR-T gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB-PR-T is only an average performer.
- Warning: ENB-PR-T has an average volume of 13540 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!
- A new 52 week high is currently being made by ENB-PR-T, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- When comparing the performance of all stocks over the past year, ENB-PR-T turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
- ENB-PR-T is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 44% of 203 stocks in the same industry.
- In the last month ENB-PR-T has a been trading in a tight range between 23.27 and 24.50.
- Volume is considerably higher in the last couple of days.
ENB-PR-T.CA Weekly and Daily overview Charts
ENB-PR-T.CA Setup Rating and Analysis
Although ENB-PR-T has an excellent technical rating, it does not present a decent entry opportunity 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
ENB-PR-T.CA Support and Resistance Analysis
19.71
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.13 to 23.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 22.66 to 22.76. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 21.92 to 21.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.91 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.50 to 24.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENB-PR-T.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-T.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-T.CA is up. |
| ChartMill Relative Strength | 57.29 | NEUTRAL | ENB-PR-T.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-T.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-T.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-T.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.98 | OVERBOUGHT | The high RSI value suggests ENB-PR-T.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests ENB-PR-T.CA has a positive trend. |
| Stochastics (14,3) | 97.77 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-T.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.82 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-T.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for ENB-PR-T.CA suggests a weak or negative trend. |
ENB-PR-T.CA Chart- and CandleStick Pattern Analysis
ENB-PR-T.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 6.314 PERP
TSX:ENB-PR-T (4/24/2026, 7:00:00 PM)
24.49
+0.19 (+0.78%)
ENBRIDGE INC - ENBCN 6.314 PERP / ENB-PR-T.CA TA FAQ
Can you provide the ChartMill technical rating for ENBRIDGE INC - ENBCN 6.314 PERP?
ChartMill assigns a technical rating of 7 / 10 to ENB-PR-T.CA.
What is the trend direction for ENB-PR-T stock?
The current trend direction for ENBRIDGE INC - ENBCN 6.314 PERP (ENB-PR-T.CA) is Bullish.
What is the RSI signal for ENB-PR-T stock?
ENBRIDGE INC - ENBCN 6.314 PERP (ENB-PR-T.CA) has an RSI value of 76.9847. This indicates that the stock is currently overbought.
What is the MACD signal for ENBRIDGE INC - ENBCN 6.314 PERP (ENB-PR-T.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 6.314 PERP (ENB-PR-T.CA) has a value of 0.08905, indicating a bearish trend.
What is the support and resistance level for ENB-PR-T stock?
ENBRIDGE INC - ENBCN 6.314 PERP (ENB-PR-T.CA) has a support level at 23.93 and a resistance level at 24.5. Check the full technical report for our detailed analysis of ENB-PR-T.CA support and resistance levels.