ENBRIDGE INC (ENB.CA) Stock Technical Analysis
Canada - TSX:ENB - CA29250N1050 - Common Stock
66.73 CAD
+0.44 (+0.66%)
Taking everything into account, ENB scores 4 out of 10 in our technical rating. ENB 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.
In the last month ENB has a been trading in the 65.68 - 70.39 range, which is quite wide. It is currently trading near the lows of this range.
ENB is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 72% of 207 stocks in the same industry.
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 5611790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
When compared to the yearly performance of all other stocks, ENB outperforms 58% of them, which is more or less in line with the market.
ENB has an average technical rating and also the quality of the setup is only medium 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
57.88
70.91
3 important support areas can be observed.
- A support zone ranging from 66.24 to 66.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 64.44 to 64.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 58.46 to 62.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 66.78 to 68.09. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 69.88 to 70.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for ENB.CA is down. |
| ChartMill Relative Strength | 58.77 | 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 | MIXED | The current price of ENB.CA is below 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) | 43.91 | NEUTRAL | The RSI value for ENB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests ENB.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.81 | OVERSOLD | The low Stochastics value suggests ENB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.34 | LOW VOLATILITY | The low ATR as a percentage value for ENB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 29.63 | POSITIVE | The high ADX value value for ENB.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:ENB (10/22/2025, 7:00:00 PM)
66.73
+0.44 (+0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.66%
1 Week-0.24%
2 Weeks-3.3%
1 Month-2.78%
3 Month8.2%
6 Month4.25%
12 Month17.21%
2 Year50.16%
3 Year25.72%
5 Year81.78%
10 Year19.4%
15 Year373.18%
Volatility
ATR(14)0.85
ATR(20)%1.34%
ATR Inc-36.44%
Range Today0.65
ADR(20)0.88
ADR(20)%1.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS58.77
3 months CRS62.37
6 months CRS31.09
Mansfield-0.45
10 Day High69.19
10 Day Low65.68
20 Day High70.39
20 Day Low65.68
52 Week High70.39
52 Week Low55.53
CS1 End66.47
CR1 Start66.78
Volume & EV
DER(3)-0.51%
DER(5)-1.17%
Volume6.54M
Volume Incr54.5%
Vol(5)6.07M
Vol(50)5.61M