ENBRIDGE INC (ENB.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB - CA29250N1050 - Common Stock
Taking everything into account, ENB scores 1 out of 10 in our technical rating. ENB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ENB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 65.67, a Stop Loss order could be placed below this zone.
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58.86
2 important support areas can be observed.
- A support zone ranging from 63.31 to 65.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @59.45 from a horizontal line in the weekly time frame.
We found 1 important resistance 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 | NEUTRAL | NEUTRAL | The long term trend for ENB.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ENB.CA is neutral. |
| ChartMill Relative Strength | 28.78 | NEGATIVE | ENB.CA has a low relative strength, it was outperformed by 71.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENB.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ENB.CA is below a declining 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) | 50.05 | NEUTRAL | The RSI value for ENB.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests ENB.CA has a positive trend. |
| Stochastics (14,3) | 46.19 | NEUTRAL | The Stochastics value for ENB.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for ENB.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 22.93 | NEUTRAL | The ADX value for ENB.CA suggests a possible start of a new trend. |
TSX:ENB (12/30/2025, 7:00:00 PM)
65.78
+0.45 (+0.69%)
ENBRIDGE INC / ENB.CA FAQ
What is the technical rating for ENB stock?
ChartMill assigns a technical rating of 1 / 10 to ENB.CA.
Can you provide the trend direction for ENBRIDGE INC?
The current trend direction for ENBRIDGE INC (ENB.CA) is Bearish.
What is the RSI signal for ENB stock?
ENBRIDGE INC (ENB.CA) has an RSI value of 50.0461. 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 0.0573638, indicating a bearish trend.
Can you provide the support and resistance levels for ENBRIDGE INC?
ENBRIDGE INC (ENB.CA) has a support level at 65.67 and a resistance level at 69.88. Check the full technical report for our detailed analysis of ENB.CA support and resistance levels.