ENBRIDGE INC (ENB) Stock Technical Analysis
NYSE:ENB - New York Stock Exchange, Inc. - CA29250N1050 - Common Stock - Currency: USD
Overall ENB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ENB has proven to be a steady performer, scoring decent points in every aspect analyzed.
In the last month ENB has a been trading in the 43.87 - 47.08 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, ENB did better than 86% of all other stocks. On top of that, ENB also shows a nice and consistent pattern of rising prices.
ENB is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry. ENB outperforms 86% of them.
ENB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ENB is performing more or less in line with the market.
ENB has an average volume of 3938230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Although ENB has an excellent technical rating, it 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
39.84
47.34
4 important support areas can be observed.
- A support zone ranging from 44.21 to 44.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @42.80 from a trend line in the weekly time frame.
- A support zone ranging from 41.08 to 41.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Strong support @40.24 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 46.87 to 46.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.46
Mansfield0.48
10 Day High47.08
10 Day Low43.87
20 Day High47.08
20 Day Low43.87
52 Week High47.08
52 Week Low34.6
Performance
1 Week-3.44%
2 Weeks-4.44%
1 Month1.25%
3 Month3.48%
6 Month5.67%
12 Month21.28%
2 Year26.62%
3 Year-3.42%
5 Year37.35%
10 Year-6.99%
15 Year-0.6%
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)
Technical Indicators
MACD(12,26,9)-0.26
RSI(14)44.41
LBB44.74
UBB47.59
44.57
+0.02 (+0.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.04%
1 Week-3.44%
2 Weeks-4.44%
1 Month1.25%
3 Month3.48%
6 Month5.67%
12 Month21.28%
2 Year26.62%
3 Year-3.42%
5 Year37.35%
10 Year-6.99%
15 Year-0.6%
Volatility
ATR(14)0.85
ATR(20)%1.93%
ATR Inc90.97%
Range Today0.56
ADR(20)0.84
ADR(20)%1.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.46
Mansfield0.48
10 Day High47.08
10 Day Low43.87
20 Day High47.08
20 Day Low43.87
52 Week High47.08
52 Week Low34.6
CS1 End44.56
CR1 Start46.87
Volume & EV
DER(3)-1.26%
DER(5)-1.66%
Volume11.78M
Volume Incr58.58%
Vol(5)6.13M
Vol(50)3.94M