ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Technical Analysis
TSX:ENB-PR-V • CA29250N7172
We assign a technical rating of 6 out of 10 to ENB-PR-V. Although ENB-PR-V is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- When comparing the yearly performance of all stocks, ENB-PR-V is a bad performer in the overall market: 65% of all stocks are doing better.
- ENB-PR-V is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 71% of 210 stocks in the same industry do better.
- Warning: ENB-PR-V has an average volume of 7000 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- ENB-PR-V is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month ENB-PR-V has a been trading in a tight range between 24.40 and 24.90.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, 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 24.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.74, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
22.93
We found 3 important support areas.
- A support zone ranging from 24.45 to 24.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @23.99 from a horizontal line in the daily time frame.
- Support @23.16 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 24.86 to 24.97. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for ENB-PR-V.CA is up. |
| ChartMill Relative Strength | 35.9 | NEUTRAL | ENB-PR-V.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENB-PR-V.CA is above the rising 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) | 54.88 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 77.33 | NEUTRAL | The Stochastics value for ENB-PR-V.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-V.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 12.06 | NEGATIVE | The low ADX value for ENB-PR-V.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.98 | 24.59 | 0.39 (1.56%) | 25.00% |
| An entry @24.98. This is a Buy Stop order right above the resistance zone. | An exit @24.59. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.39 points, which is 1.56%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.39%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENB-PR-V.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 6.7037 PERP
TSX:ENB-PR-V (3/3/2026, 7:00:00 PM)
24.81
+0.11 (+0.45%)
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 6 / 10 to ENB-PR-V.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) is Bullish.
What is the RSI signal for ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) stock?
ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) has an RSI value of 54.8824. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) has a value of -0.00201534, indicating a bearish trend.
What is the buy/sell signal for ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) is buy as both the short term and long term trends are positive.