ENBRIDGE INC (ENB.CA) Technical Analysis
TSX:ENB • CA29250N1050
Current stock price
ENB.CA Technical Rating and Analysis
Overall ENB gets a technical rating of 8 out of 10. Although ENB is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- Both the short term and long term trends are positive. This is a very positive sign.
- ENB is currently trading near its 52 week high, which is a good sign. 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.
- In the last month ENB has a been trading in the 69.91 - 74.88 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- ENB has an average volume of 9464130 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 62% of them, which is more or less in line with the market.
- ENB is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 50% of 209 stocks in the same industry.
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. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
ENB.CA Support and Resistance Analysis
60.40
When analyzing the support we can see 4 important areas.
- Support @66.70 from a horizontal line in the daily time frame.
- Support @65.52 from a trend line in the weekly time frame.
- A support zone ranging from 62.71 to 64.44. 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 73.53 to 74.64. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 62.05 | 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) | 56.94 | NEUTRAL | The RSI value for ENB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests ENB.CA has a negative trend. |
| Stochastics (14,3) | 73.66 | NEUTRAL | The Stochastics value for ENB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.51 | LOW VOLATILITY | The low ATR as a percentage value for ENB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 42.25 | 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 |
|---|---|---|---|
| 74.65 | 72.39 | 2.26 (3.03%) | 25.00% |
| An entry @74.65. This is a Buy Stop order right above the resistance zone. | An exit @72.39. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.26 points, which is 3.03%. | For a 0.76% 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 (3/18/2026, 7:00:00 PM)
73.08
-0.9 (-1.22%)
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 56.9357. 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 -0.174819, 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.