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ENBRIDGE INC - ENBCN 6.314 PERP (ENB-PR-T.CA) Stock Technical Analysis

TSX:ENB-PR-T - Toronto Stock Exchange - CA29250N7339 - Currency: CAD

21.3  -0.26 (-1.21%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to ENB-PR-T. In the last year, ENB-PR-T was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

Warning: ENB-PR-T has an average volume of 16021 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ENB-PR-T is part of the Oil, Gas & Consumable Fuels industry. There are 221 other stocks in this industry. ENB-PR-T outperforms 75% of them.
ENB-PR-T is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENB-PR-T is lagging the market slightly.
When compared to the yearly performance of all other stocks, ENB-PR-T outperforms 65% of them, which is more or less in line with the market.
In the last month ENB-PR-T has a been trading in a tight range between 21.21 and 21.81.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 6.314 PERP / ENB-PR-T Weekly stock chart
ENBRIDGE INC - ENBCN 6.314 PERP / ENB-PR-T Daily stock chart
Setup Rating and Analysis

5

ENB-PR-T 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.

Support and Resistance Analysis

19.81

22.00

We found 2 important support areas.

  • A support zone ranging from 20.98 to 21.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 20.01 to 20.41. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 21.45 to 21.78. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS65.12
Mansfield-0.26
10 Day High21.73
10 Day Low21.21
20 Day High21.81
20 Day Low21.21
52 Week High21.81
52 Week Low17.81
Performance
1 Week-0.51%
2 Weeks-1.16%
1 Month-0.98%
3 Month6.45%
6 Month5.97%
12 Month16.84%
2 Year30.12%
3 Year13.24%
5 Year46.39%
10 Year5.03%
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)-0.04
RSI(14)44.73
LBB21.33
UBB21.61
ENBRIDGE INC - ENBCN 6.314 PERP / ENB-PR-T Daily stock chart

ENBRIDGE INC - ENBCN 6.314 PERP

TSX:ENB-PR-T (2/14/2025, 7:00:00 PM)

21.3

-0.26 (-1.21%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.21%
1 Week-0.51%
2 Weeks-1.16%
1 Month-0.98%
3 Month6.45%
6 Month5.97%
12 Month16.84%
2 Year30.12%
3 Year13.24%
5 Year46.39%
10 Year5.03%
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.67%
ATR Inc54.41%
Range Today0.19
ADR(20)0.12
ADR(20)%0.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.12
Mansfield-0.26
10 Day High21.73
10 Day Low21.21
20 Day High21.81
20 Day Low21.21
52 Week High21.81
52 Week Low17.81
CS1 End21.22
CR1 Start21.45
Volume & EV
DER(3)3.7%
DER(5)3.94%
Volume16.48K
Volume Incr48.08%
Vol(5)22.68K
Vol(50)16.02K