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
We assign a technical rating of 3 out of 10 to ENB-PR-Y. 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.
- ENB-PR-Y is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 63% of 208 stocks in the same industry do better.
- Warning: ENB-PR-Y has an average volume of 11381 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- ENB-PR-Y is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENB-PR-Y is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- 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 53% of all stocks.
- In the last month ENB-PR-Y has a been trading in a tight range between 21.50 and 22.10.
ENB-PR-Y.CA Weekly and Daily overview Charts
ENB-PR-Y.CA Setup Rating and Analysis
The technical rating of ENB-PR-Y is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
ENB-PR-Y.CA Support and Resistance Analysis
16.56
When analyzing the support we can see 3 important areas.
- A support zone ranging from 21.08 to 21.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.02 to 20.45. This zone is formed by a combination of multiple trend lines in the daily 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 21.65 to 22.07. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for ENB-PR-Y.CA is down. |
| ChartMill Relative Strength | 53.98 | NEUTRAL | ENB-PR-Y.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENB-PR-Y.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENB-PR-Y.CA is below a declining 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) | 35.73 | NEUTRAL | The RSI value for ENB-PR-Y.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests ENB-PR-Y.CA has a negative trend. |
| Stochastics (14,3) | 12.68 | OVERSOLD | The low Stochastics value suggests ENB-PR-Y.CA may be oversold. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for ENB-PR-Y.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.48 | NEGATIVE | The low ADX value for ENB-PR-Y.CA suggests a weak or negative 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 (3/26/2026, 7:00:00 PM)
21.57
-0.13 (-0.6%)
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 3 / 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 35.7348. 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 -0.0491931, 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 negative.