ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-V - CA29250N7172
Taking everything into account, ENB-PR-V scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ENB-PR-V is a bad performer.
- 67% of all other stocks performed better in the past year than ENB-PR-V.
- ENB-PR-V is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 67% are performing better than ENB-PR-V.
- Warning: ENB-PR-V has an average volume of 5842 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.
- In the last month ENB-PR-V has a been trading in a tight range between 24.41 and 24.75.
Although the technical rating is only medium, ENB-PR-V does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 24.63, 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
22.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.75 to 24.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.06 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 24.97 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 | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-V.CA is neutral. |
| ChartMill Relative Strength | 33.21 | 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) | 57.17 | 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) | 50 | NEUTRAL | The Stochastics value for ENB-PR-V.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.54 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-V.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.69 | 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 (1/28/2026, 7:00:00 PM)
24.68
+0.09 (+0.37%)
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 5 / 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 57.1698. 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 -0.00308479, indicating a bearish trend.