ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Technical Analysis
Canada - TSX:ENB-PR-V - CA29250N7172
Overall ENB-PR-V gets a technical rating of 0 out of 10. ENB-PR-V scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ENB-PR-V is bad and it also does not present a 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
22.63
When analyzing the support we notice one important area.
- Support @22.86 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 23.99 to 24.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.98 to 24.98. 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 | NEUTRAL | NEUTRAL | The long term trend for ENB-PR-V.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENB-PR-V.CA is down. |
| ChartMill Relative Strength | 27.04 | NEGATIVE | ENB-PR-V.CA has a low relative strength, it was outperformed by 72.96% off all stocks 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) | DOWN | NEGATIVE | The current price of ENB-PR-V.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ENB-PR-V.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.38 | OVERSOLD | The low RSI value suggests ENB-PR-V.CA may be oversold. |
| 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) | 47.79 | NEUTRAL | The Stochastics value for ENB-PR-V.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-V.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.15 | 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 (11/14/2025, 7:00:00 PM)
23.985
-0.28 (-1.13%)
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 0 / 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 28.3828. This indicates that the stock is currently oversold.
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 negative.
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 22.86 and a resistance level at 23.99. Check the full technical report for our detailed analysis of ENB-PR-V.CA support and resistance levels.