ENBRIDGE INC - ENBCN 4.578 PERP (ENB-PR-Z.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-Z -
Taking everything into account, ENB-PR-Z scores 7 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-Z is a bad performer.
- When comparing the yearly performance of all stocks, ENB-PR-Z is a bad performer in the overall market: 100% of all stocks are doing better.
- ENB-PR-Z is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 93% of 214 stocks in the same industry do better.
- Warning: ENB-PR-Z has an average volume of 812 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!
- In the last month ENB-PR-Z has a been trading in the 19.76 - 21.93 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Besides having an excellent technical rating, ENB-PR-Z also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry.
More info and screens
19.02
2 important support areas can be observed.
- Support @19.71 from a horizontal line in the weekly time frame.
- Support @19.21 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.25 to 21.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @21.93 from a horizontal line in the daily time frame.
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-Z.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-Z.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ENB-PR-Z.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ENB-PR-Z.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-Z.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 50.49 | NEUTRAL | The RSI value for ENB-PR-Z.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ENB-PR-Z.CA has a negative trend. |
| Stochastics (14,3) | 24.46 | NEUTRAL | The Stochastics value for ENB-PR-Z.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.51 | MEDIUM VOLATILITY | The ATR as a percentage value for ENB-PR-Z.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 18.35 | NEGATIVE | The low ADX value for ENB-PR-Z.CA suggests a weak or negative trend. |
ENBRIDGE INC - ENBCN 4.578 PERP
TSX:ENB-PR-Z (1/6/2026, 7:00:00 PM)
20.5
0 (0%)
ENBRIDGE INC - ENBCN 4.578 PERP / ENB-PR-Z.CA FAQ
What is the technical rating for ENB-PR-Z stock?
ChartMill assigns a technical rating of 7 / 10 to ENB-PR-Z.CA.
What is the trend direction for ENB-PR-Z stock?
The current trend direction for ENBRIDGE INC - ENBCN 4.578 PERP (ENB-PR-Z.CA) is Bullish.
What is the RSI signal for ENB-PR-Z stock?
ENBRIDGE INC - ENBCN 4.578 PERP (ENB-PR-Z.CA) has an RSI value of 50.4867. This indicates that the stock is currently neutral.
What is the MACD signal for ENB-PR-Z stock?
The MACD indicator for ENBRIDGE INC - ENBCN 4.578 PERP (ENB-PR-Z.CA) has a value of -0.0800498, indicating a bearish trend.
Can you provide the support and resistance levels for ENBRIDGE INC - ENBCN 4.578 PERP?
ENBRIDGE INC - ENBCN 4.578 PERP (ENB-PR-Z.CA) has a support level at 19.71 and a resistance level at 21.25. Check the full technical report for our detailed analysis of ENB-PR-Z.CA support and resistance levels.