ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Technical Analysis
TSX:ENB-PR-V - Toronto Stock Exchange - CA29250N7172 - Currency: USD
Taking everything into account, ENB-PR-V scores 5 out of 10 in our technical rating. In the last year, ENB-PR-V 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-V has an average volume of 8499 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-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.
When comparing the performance of all stocks over the past year, ENB-PR-V turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
ENB-PR-V is part of the Oil, Gas & Consumable Fuels industry. There are 208 other stocks in this industry, ENB-PR-V did better than 51% of them.
In the last month ENB-PR-V has a been trading in a tight range between 24.00 and 24.65.
ENB-PR-V has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
22.00
24.83
When analyzing the support we can see 3 important areas.
- A support zone ranging from 23.70 to 23.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 23.20 to 23.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 22.22 to 22.29. 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 24.18 to 24.58. 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 | 42.48 | 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) | 46.39 | 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) | 49.28 | NEUTRAL | The Stochastics value for ENB-PR-V.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.65 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-V.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 39.54 | 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 (8/15/2025, 7:00:00 PM)
24.08
-0.36 (-1.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.47%
1 Week-1.35%
2 Weeks-0.91%
1 Month0%
3 Month2.99%
6 Month1.82%
12 Month7.74%
2 Year17.75%
3 Year5.15%
5 Year41.07%
10 Year36.12%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.65%
ATR Inc156.49%
Range Today0.29
ADR(20)0.11
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.48
Mansfield-0.74
10 Day High24.58
10 Day Low24
20 Day High24.65
20 Day Low24
52 Week High24.65
52 Week Low22.06
CS1 End23.94
CR1 Start24.18
Volume & EV
DER(3)0%
DER(5)0%
Volume10.41K
Volume Incr-34.78%
Vol(5)6.20K
Vol(50)8.50K