GBL X EN CA OIL&GAS EQ C ETF (ENCL.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENCL - CA37963B1022 - ETF
We assign a technical rating of 5 out of 10 to ENCL. In the last year, ENCL was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 71% of all other stocks performed better in the past year than ENCL.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- ENCL 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 ENCL is lagging the market slightly.
- In the last month ENCL has a been trading in the 17.18 - 18.96 range, which is quite wide. It is currently trading near the high of this range.
ENCL 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
16.64
When analyzing the support we can see 3 important areas.
- A support zone ranging from 18.06 to 18.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 17.26 to 17.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.81 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 19.35 to 19.57. 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 ENCL.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENCL.CA is up. |
| ChartMill Relative Strength | 29.04 | NEGATIVE | ENCL.CA has a low relative strength, it was outperformed by 70.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENCL.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENCL.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENCL.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.76 | NEUTRAL | The RSI value for ENCL.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ENCL.CA has a positive trend. |
| Stochastics (14,3) | 94.16 | OVERBOUGHT | The high Stochastics value suggests ENCL.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.81 | LOW VOLATILITY | The low ATR as a percentage value for ENCL.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.85 | NEGATIVE | The low ADX value for ENCL.CA suggests a weak or negative trend. |
TSX:ENCL (1/21/2026, 7:00:00 PM)
18.96
+0.42 (+2.27%)
GBL X EN CA OIL&GAS EQ C ETF / ENCL.CA FAQ
What is the technical rating for ENCL stock?
ChartMill assigns a technical rating of 5 / 10 to ENCL.CA.
Can you provide the trend direction for GBL X EN CA OIL&GAS EQ C ETF?
The current trend direction for GBL X EN CA OIL&GAS EQ C ETF (ENCL.CA) is Bearish.
What is the RSI signal for GBL X EN CA OIL&GAS EQ C ETF (ENCL.CA) stock?
GBL X EN CA OIL&GAS EQ C ETF (ENCL.CA) has an RSI value of 60.7613. This indicates that the stock is currently neutral.
What is the short term momentum for GBL X EN CA OIL&GAS EQ C ETF (ENCL.CA) stock?
The short term momentum for GBL X EN CA OIL&GAS EQ C ETF (ENCL.CA) is positive.