ENBRIDGE INC (ENB.CA) Technical Analysis
TSX:ENB • CA29250N1050
Current stock price
ENB.CA Technical Rating and Analysis
Taking everything into account, ENB scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB is only an average performer.
- The long and short term trends are both positive. This is looking good!
- ENB is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ENB is leading the market.
- ENB is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- ENB has an average volume of 9442370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, ENB outperforms 63% of them, which is more or less in line with the market.
- ENB is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, ENB did better than 53% of them.
ENB.CA Weekly and Daily overview Charts
ENB.CA Setup Rating and Analysis
Besides having an excellent technical rating, ENB also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 74.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 73.55, a Stop Loss order could be placed below this zone.
More info and screens
ENB.CA Support and Resistance Analysis
60.40
When analyzing the support we can see 5 important areas.
- A support zone ranging from 72.46 to 73.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @66.70 from a horizontal line in the daily time frame.
- Support @65.32 from a trend line in the weekly time frame.
- A support zone ranging from 63.54 to 63.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.01 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 74.29 to 74.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
ENB.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.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB.CA is up. |
| ChartMill Relative Strength | 63.37 | NEUTRAL | ENB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENB.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENB.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.08 | NEUTRAL | The RSI value for ENB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests ENB.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 74.9 | NEUTRAL | The Stochastics value for ENB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.83 | LOW VOLATILITY | The low ATR as a percentage value for ENB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 42.31 | POSITIVE | The high ADX value value for ENB.CA suggests a strong trend. |
ENB.CA Chart- and CandleStick Pattern Analysis
ENB.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 74.31 | 72.45 | 1.86 (2.50%) | 25.00% |
| An entry @74.31. This is a Buy Stop order right above the resistance zone. | An exit @72.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.86 points, which is 2.50%. | For a 0.63% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENB.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ENB (3/13/2026, 7:00:00 PM)
74.28
+1.16 (+1.59%)
ENBRIDGE INC / ENB.CA TA FAQ
What is the technical rating for ENB stock?
ChartMill assigns a technical rating of 8 / 10 to ENB.CA.
What is the trend direction for ENB stock?
The current trend direction for ENBRIDGE INC (ENB.CA) is Bullish.
What is the RSI signal for ENB stock?
ENBRIDGE INC (ENB.CA) has an RSI value of 68.0761. This indicates that the stock is currently neutral.
What is the MACD signal for ENBRIDGE INC (ENB.CA) stock?
The MACD indicator for ENBRIDGE INC (ENB.CA) has a value of -0.115149, indicating a bearish trend.
Can you provide the buy/sell signal for ENBRIDGE INC?
The buy/sell signal for ENBRIDGE INC (ENB.CA) is buy as both the short term and long term trends are positive.