ENBRIDGE INC (ENB.CA) Stock Technical Analysis
Canada - TSX:ENB - CA29250N1050 - Common Stock
Overall ENB gets a technical rating of 6 out of 10. 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.
ENB has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 66.79, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
57.88
4 important support areas can be observed.
- A support zone ranging from 64.44 to 66.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 62.12 to 62.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.89 from a horizontal line in the weekly time frame.
- A support zone ranging from 58.46 to 59.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- 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 | NEUTRAL | NEUTRAL | The short term trend for ENB.CA is neutral. |
| ChartMill Relative Strength | 49.94 | 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 | 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) | 52.91 | NEUTRAL | The RSI value for ENB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests ENB.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 83.42 | OVERBOUGHT | The high Stochastics value suggests ENB.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.52 | LOW VOLATILITY | The low ATR as a percentage value for ENB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.78 | NEUTRAL | The ADX value for ENB.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 68.50 | 64.03 | 4.47 (6.53%) | 15.32% |
| An entry @68.50. This is a Buy Stop order right above the 10 day high. | An exit @64.03. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 4.47 points, which is 6.53%. | When investing 15.32% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
TSX:ENB (11/14/2025, 7:00:00 PM)
67.16
-0.6 (-0.89%)
ENBRIDGE INC / ENB.CA FAQ
What is the technical rating for ENB stock?
ChartMill assigns a technical rating of 6 / 10 to ENB.CA.
Can you provide the trend direction for ENBRIDGE INC?
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 52.9079. This indicates that the stock is currently neutral.
What is the MACD signal for ENB stock?
The MACD indicator for ENBRIDGE INC (ENB.CA) has a value of 0.263936, indicating a bearish trend.
Can you provide the support and resistance levels for ENBRIDGE INC?
ENBRIDGE INC (ENB.CA) has a support level at 66.79 and a resistance level at 69.88. Check the full technical report for our detailed analysis of ENB.CA support and resistance levels.