ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-V - CA29250N7172
Taking everything into account, ENB-PR-V scores 3 out of 10 in our technical rating. In the last year, ENB-PR-V was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
Although the technical rating is bad, ENB-PR-V does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
22.61
We found 3 important support areas.
- Support @23.99 from a horizontal line in the daily time frame.
- Support @23.47 from a horizontal line in the daily time frame.
- Support @22.84 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.40 to 24.97. 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-V.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENB-PR-V.CA is down. |
| ChartMill Relative Strength | 26.41 | NEGATIVE | ENB-PR-V.CA has a low relative strength, it was outperformed by 73.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENB-PR-V.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ENB-PR-V.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-V.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.22 | NEUTRAL | The RSI value for ENB-PR-V.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ENB-PR-V.CA has a negative trend. |
| Stochastics (14,3) | 69.75 | NEUTRAL | The Stochastics value for ENB-PR-V.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-V.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.76 | NEGATIVE | The low ADX value for ENB-PR-V.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 6.7037 PERP
TSX:ENB-PR-V (11/5/2025, 7:00:00 PM)
24.36
-0.04 (-0.16%)
ENBRIDGE INC - ENBCN 6.7037 PERP / ENB-PR-V.CA FAQ
What is the ChartMill technical rating of ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to ENB-PR-V.CA.
Can you provide the trend direction for ENBRIDGE INC - ENBCN 6.7037 PERP?
The current trend direction for ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 6.7037 PERP?
ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) has an RSI value of 43.2196. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ENBRIDGE INC - ENBCN 6.7037 PERP?
The short term momentum for ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) is negative.
What is the support and resistance level for ENB-PR-V stock?
ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) has a support level at 23.99 and a resistance level at 24.4. Check the full technical report for our detailed analysis of ENB-PR-V.CA support and resistance levels.