ENBRIDGE INC (ENB.CA) Technical Analysis
TSX:ENB • CA29250N1050
Current stock price
ENB.CA Technical Rating and Analysis
Taking everything into account, ENB scores 6 out of 10 in our technical rating. In the last year, ENB was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- In the last month ENB has a been trading in the 72.04 - 77.18 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- ENB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ENB is lagging the market slightly.
- ENB has an average volume of 8577540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ENB turns out to be only a medium performer in the overall market: it outperformed 52% of all stocks.
- ENB is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 42% of 204 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
ENB.CA Weekly and Daily overview Charts
ENB.CA Setup Rating and Analysis
ENB has an average technical rating and it also does not offer a high 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.CA Support and Resistance Analysis
60.40
We found 3 important support areas.
- A support zone ranging from 66.31 to 66.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 74.73 to 75.83. 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 | NEUTRAL | NEUTRAL | The short term trend for ENB.CA is neutral. |
| ChartMill Relative Strength | 52.47 | NEUTRAL | ENB.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ENB.CA is below a declining 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) | 42.97 | NEUTRAL | The RSI value for ENB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.37 | NEGATIVE | The MACD value suggests ENB.CA has a negative trend. |
| Stochastics (14,3) | 27.18 | NEUTRAL | The Stochastics value for ENB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.84 | LOW VOLATILITY | The low ATR as a percentage value for ENB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 26.09 | POSITIVE | The high ADX value value for ENB.CA suggests a strong trend. |
ENB.CA Chart- and CandleStick Pattern Analysis
ENB.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:ENB (4/14/2026, 7:00:00 PM)
73
-0.75 (-1.02%)
ENBRIDGE INC / ENB.CA TA FAQ
What is the technical rating for ENB stock?
ChartMill assigns a technical rating of 6 / 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 ENBRIDGE INC (ENB.CA) stock?
ENBRIDGE INC (ENB.CA) has an RSI value of 42.9715. 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 -0.368787, indicating a bearish trend.
What are the support and resistance levels for ENBRIDGE INC (ENB.CA) stock?
ENBRIDGE INC (ENB.CA) has a support level at 66.7 and a resistance level at 74.73. Check the full technical report for our detailed analysis of ENB.CA support and resistance levels.