ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) Technical Analysis
TSX:ENB-PR-Y • CA29250N6836
Current stock price
ENB-PR-Y.CA Technical Rating and Analysis
Overall ENB-PR-Y gets a technical rating of 7 out of 10. Although ENB-PR-Y is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Warning: ENB-PR-Y has an average volume of 10253 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-Y is currently making a new 52 week high. This is a strong signal. 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 55% of all stocks.
- ENB-PR-Y is part of the Oil, Gas & Consumable Fuels industry. There are 203 other stocks in this industry, ENB-PR-Y did better than 41% of them.
- In the last month ENB-PR-Y has a been trading in a tight range between 21.51 and 22.71.
- Considerably lower volume is observed in the last couple of days.
ENB-PR-Y.CA Weekly and Daily overview Charts
ENB-PR-Y.CA Setup Rating and Analysis
Although ENB-PR-Y has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
ENB-PR-Y.CA Support and Resistance Analysis
16.56
3 important support areas can be observed.
- A support zone ranging from 21.08 to 22.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.58 from a trend line in the weekly time frame.
- Support @16.73 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.69 to 22.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENB-PR-Y.CA Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for ENB-PR-Y.CA is up. |
| ChartMill Relative Strength | 55.42 | NEUTRAL | ENB-PR-Y.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-Y.CA is above the rising 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) | 73.92 | OVERBOUGHT | The high RSI value suggests ENB-PR-Y.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ENB-PR-Y.CA has a positive trend. |
| Stochastics (14,3) | 88.69 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-Y.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.72 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-Y.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 30.85 | POSITIVE | The high ADX value value for ENB-PR-Y.CA suggests a strong trend. |
ENB-PR-Y.CA Chart- and CandleStick Pattern Analysis
ENB-PR-Y.CA Technicals: Chart, Performance Metrics, Trend & Indicators
ENBRIDGE INC - ENBCN 5.288 PERP
TSX:ENB-PR-Y (5/1/2026, 7:00:00 PM)
22.68
+0.23 (+1.02%)
ENBRIDGE INC - ENBCN 5.288 PERP / ENB-PR-Y.CA TA FAQ
What is the technical rating for ENB-PR-Y stock?
ChartMill assigns a technical rating of 7 / 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.
What is the RSI signal for ENB-PR-Y stock?
ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) has an RSI value of 73.9221. This indicates that the stock is currently overbought.
What is the MACD signal for ENB-PR-Y stock?
The MACD indicator for ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) has a value of 0.0721165, indicating a bearish trend.
Can you provide the support and resistance levels for ENBRIDGE INC - ENBCN 5.288 PERP?
ENBRIDGE INC - ENBCN 5.288 PERP (ENB-PR-Y.CA) has a support level at 22.3 and a resistance level at 22.69. Check the full technical report for our detailed analysis of ENB-PR-Y.CA support and resistance levels.