ENBRIDGE INC - ENBCN 6.212 PERP (ENB-PF-K.CA) Stock Technical Analysis
TSX:ENB-PF-K - Toronto Stock Exchange - CA29250N5192 - Currency: CAD
Taking everything into account, ENB-PF-K scores 5 out of 10 in our technical rating. In the last year, ENB-PF-K was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Warning: ENB-PF-K has an average volume of 6986 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, ENB-PF-K did better than 70% of all other stocks. On top of that, ENB-PF-K also shows a nice and consistent pattern of rising prices.
ENB-PF-K is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 88% of 218 stocks in the same industry.
ENB-PF-K is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so ENB-PF-K slightly outperforms the market at the moment.
In the last month ENB-PF-K has a been trading in the 22.24 - 24.67 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Considerably lower volume is observed in the last couple of days.
ENB-PF-K has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 23.90. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 23.67, a Stop Loss order could be placed below this zone.
More info and screens
21.75
24.85
We found 3 important support areas.
- A support zone ranging from 23.12 to 23.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.67 from a horizontal line in the daily time frame.
- A support zone ranging from 21.97 to 22.11. 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 23.90 to 24.60. 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
CRS70.32
Mansfield0.48
10 Day High23.91
10 Day Low22.9
20 Day High24.67
20 Day Low22.24
52 Week High24.67
52 Week Low20.61
Performance
1 Week1.19%
2 Weeks2.06%
1 Month-0.92%
3 Month-0.75%
6 Month2.94%
12 Month11.8%
2 Year3.84%
3 Year-0.29%
5 Year8.73%
10 YearN/A
15 YearN/A
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)0.05
RSI(14)53.61
LBB22.62
UBB23.97
ENBRIDGE INC - ENBCN 6.212 PERP
TSX:ENB-PF-K (4/30/2025, 7:00:00 PM)
23.78
+0.41 (+1.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.75%
1 Week1.19%
2 Weeks2.06%
1 Month-0.92%
3 Month-0.75%
6 Month2.94%
12 Month11.8%
2 Year3.84%
3 Year-0.29%
5 Year8.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%2.27%
ATR Inc-35.91%
Range Today0.43
ADR(20)0.47
ADR(20)%1.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.32
Mansfield0.48
10 Day High23.91
10 Day Low22.9
20 Day High24.67
20 Day Low22.24
52 Week High24.67
52 Week Low20.61
CS1 End23.67
CR1 Start23.9
Volume & EV
DER(3)0%
DER(5)0%
Volume3.17K
Volume Incr-67.82%
Vol(5)3.25K
Vol(50)6.99K