ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) Stock Technical Analysis
Canada • Toronto Stock Exchange • TSX:ENB-PR-Y • CA29250N6836
Taking everything into account, ENB-PR-Y scores 5 out of 10 in our technical rating. ENB-PR-Y has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- Warning: ENB-PR-Y has an average volume of 10106 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-Y 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.
- When comparing the performance of all stocks over the past year, ENB-PR-Y turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
- ENB-PR-Y is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 46% of 206 stocks in the same industry.
- In the last month ENB-PR-Y has a been trading in a tight range between 21.45 and 21.72.
- Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, ENB-PR-Y does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.58, 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
16.51
When analyzing the support we can see 3 important areas.
- A support zone ranging from 20.89 to 21.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.27 to 20.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.68 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 21.65 to 21.65. 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-Y.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB-PR-Y.CA is neutral. |
| ChartMill Relative Strength | 48.06 | NEUTRAL | ENB-PR-Y.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENB-PR-Y.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-Y.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB-PR-Y.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.33 | NEUTRAL | The RSI value for ENB-PR-Y.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ENB-PR-Y.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.29 | NEUTRAL | The Stochastics value for ENB-PR-Y.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-Y.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.69 | NEUTRAL | The ADX value for ENB-PR-Y.CA suggests a possible start of a new trend. |
ENBRIDGE INC - ENBCN 5.288 PERP
TSX:ENB-PR-Y (1/30/2026, 7:00:00 PM)
21.6
+0.09 (+0.42%)
ENBRIDGE INC - ENBCN 5.288 PERP / ENB-PR-Y.CA FAQ
What is the technical rating for ENB-PR-Y stock?
ChartMill assigns a technical rating of 5 / 10 to ENB-PR-Y.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 5.288 PERP?
ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) has an RSI value of 56.3326. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) stock?
The MACD indicator for ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) has a value of -0.0225016, indicating a bearish trend.
What is the short term momentum for ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) stock?
The short term momentum for ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) is neutral.