ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-V - CA29250N7172
Overall ENB-PR-V gets a technical rating of 1 out of 10. ENB-PR-V's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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. There is a resistance zone just above the current price starting at 24.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.18, a Stop Loss order could be placed below this zone.
More info and screens
22.69
2 important support areas can be observed.
- A support zone ranging from 23.47 to 24.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.92 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.27 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 | NEUTRAL | NEUTRAL | The long term trend for ENB-PR-V.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-V.CA is neutral. |
| ChartMill Relative Strength | 26.3 | NEGATIVE | ENB-PR-V.CA has a low relative strength, it was outperformed by 73.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENB-PR-V.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENB-PR-V.CA is below a declining 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) | 50.5 | NEUTRAL | The RSI value for ENB-PR-V.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ENB-PR-V.CA has a positive trend. |
| Stochastics (14,3) | 90.74 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-V.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.57 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-V.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.48 | NEUTRAL | The ADX value for ENB-PR-V.CA suggests a possible start of a new trend. |
ENBRIDGE INC - ENBCN 6.7037 PERP
TSX:ENB-PR-V (12/5/2025, 7:00:00 PM)
24.25
-0.05 (-0.21%)
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 1 / 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 Bearish.
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 50.4965. 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 neutral.
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 24.18 and a resistance level at 24.27. Check the full technical report for our detailed analysis of ENB-PR-V.CA support and resistance levels.