ENBRIDGE INC (ENB.CA) Technical Analysis
TSX:ENB • CA29250N1050
Current stock price
ENB.CA Technical Rating and Analysis
Taking everything into account, ENB scores 4 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.
- ENB is part of the Oil, Gas & Consumable Fuels industry. There are 206 other stocks in this industry, of which 64% are performing better than ENB.
- In the last month ENB has a been trading in the 70.69 - 77.18 range, which is quite wide. It is currently trading near the lows of this range.
- ENB has an average volume of 8133240 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 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 47% of all stocks.
- ENB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENB is lagging the market.
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
3 important support areas can be observed.
- A support zone ranging from 66.51 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 72.05 to 74.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 75.83 to 75.83. 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 | DOWN | NEGATIVE | The short term trend for ENB.CA is down. |
| ChartMill Relative Strength | 47.4 | 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) | 33.28 | NEUTRAL | The RSI value for ENB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.59 | NEGATIVE | The MACD value suggests ENB.CA has a negative trend. |
| Stochastics (14,3) | 12.51 | OVERSOLD | The low Stochastics value suggests ENB.CA may be oversold. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for ENB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 27.32 | 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 (4/21/2026, 7:00:00 PM)
70.98
-0.34 (-0.48%)
ENBRIDGE INC / ENB.CA TA FAQ
What is the technical rating for ENB stock?
ChartMill assigns a technical rating of 4 / 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 33.2846. 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 -0.591318, 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 72.05. Check the full technical report for our detailed analysis of ENB.CA support and resistance levels.