ENBRIDGE INC - ENBCN 5.85792 PERP (ENB-PF-U.CA) Stock Technical Analysis
TSX:ENB-PF-U - Toronto Stock Exchange - CA29250N7909 - Currency: USD
Taking everything into account, ENB-PF-U scores 1 out of 10 in our technical rating. ENB-PF-U has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
Warning: ENB-PF-U has an average volume of 7984 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ENB-PF-U is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 82% of 218 stocks in the same industry.
In the last month ENB-PF-U has a been trading in the 21.50 - 23.09 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.
When comparing the performance of all stocks over the past year, ENB-PF-U turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
ENB-PF-U is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ENB-PF-U does present a nice setup opportunity. 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 22.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 21.89, a Stop Loss order could be placed below this zone.
More info and screens
21.40
23.74
When analyzing the support we notice one important area.
- A support zone ranging from 21.62 to 21.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.11 to 22.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 23.50 to 23.50. 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
CRS57.39
Mansfield0.3
10 Day High22.28
10 Day Low21.88
20 Day High23.09
20 Day Low21.5
52 Week High23.6
52 Week Low19.9
Performance
1 Week-0.27%
2 Weeks0.27%
1 Month-4.31%
3 Month-3.11%
6 Month1.01%
12 Month6.66%
2 Year9.46%
3 Year-0.63%
5 Year59.06%
10 Year3.8%
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)0.04
RSI(14)43.45
LBB21.65
UBB22.4
ENBRIDGE INC - ENBCN 5.85792 PERP
TSX:ENB-PF-U (4/30/2025, 7:00:00 PM)
22.11
+0.06 (+0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.27%
1 Week-0.27%
2 Weeks0.27%
1 Month-4.31%
3 Month-3.11%
6 Month1.01%
12 Month6.66%
2 Year9.46%
3 Year-0.63%
5 Year59.06%
10 Year3.8%
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%1.32%
ATR Inc-6.23%
Range Today0.17
ADR(20)0.24
ADR(20)%1.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.39
Mansfield0.3
10 Day High22.28
10 Day Low21.88
20 Day High23.09
20 Day Low21.5
52 Week High23.6
52 Week Low19.9
CS1 End21.89
CR1 Start22.11
Volume & EV
DER(3)-1.36%
DER(5)-23.66%
Volume5.51K
Volume Incr-61.55%
Vol(5)4.35K
Vol(50)7.98K