ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-V - CA29250N7172
24.6 USD
-0.07 (-0.28%)
Overall ENB-PR-V gets a technical rating of 4 out of 10. 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.
68% of all other stocks performed better in the past year than ENB-PR-V.
Warning: ENB-PR-V has an average volume of 6865 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
ENB-PR-V 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-V is lagging the market slightly.
ENB-PR-V is part of the Oil, Gas & Consumable Fuels industry. There are 216 other stocks in this industry, ENB-PR-V did better than 40% of them.
In the last month ENB-PR-V has a been trading in a tight range between 24.60 and 25.03.
Considerably lower volume is observed in the last couple of days.
ENB-PR-V has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 24.58, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.52
25.22
We found 3 important support areas.
- A support zone ranging from 24.40 to 24.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.47 to 23.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @22.75 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.63 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 | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-V.CA is neutral. |
| ChartMill Relative Strength | 32.49 | NEUTRAL | ENB-PR-V.CA is not amongst the best or worst performers 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 | POSITIVE | The current price of ENB-PR-V.CA is above 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) | 48.04 | NEUTRAL | The RSI value for ENB-PR-V.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ENB-PR-V.CA has a negative trend. |
| Stochastics (14,3) | 25.17 | NEUTRAL | The Stochastics value for ENB-PR-V.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.48 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-V.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 28.59 | POSITIVE | The high ADX value value for ENB-PR-V.CA suggests a strong trend. |
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)
ENBRIDGE INC - ENBCN 6.7037 PERP
TSX:ENB-PR-V (10/3/2025, 7:00:00 PM)
24.6
-0.07 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.28%
1 Week-0.28%
2 Weeks-0.81%
1 Month-1.48%
3 Month2.63%
6 Month7.89%
12 Month3.58%
2 Year32.4%
3 Year7.66%
5 Year50%
10 Year36.67%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.48%
ATR Inc12%
Range Today0.1
ADR(20)0.09
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS32.49
Mansfield-0.79
10 Day High24.87
10 Day Low24.6
20 Day High25.03
20 Day Low24.6
52 Week High25.03
52 Week Low22.06
CS1 End24.58
CR1 Start24.63
Volume & EV
DER(3)0%
DER(5)0%
Volume3.60K
Volume Incr-73.22%
Vol(5)2.48K
Vol(50)6.87K