ENBRIDGE INC - ENBCN 6.683 PERP (ENB-PF-V.CA) Stock Technical Analysis
TSX:ENB-PF-V - Toronto Stock Exchange - CA29250N6679 - Currency: USD
Taking everything into account, ENB-PF-V scores 6 out of 10 in our technical rating. Although ENB-PF-V is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: ENB-PF-V has an average volume of 1959 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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!
ENB-PF-V is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 74% of 219 stocks in the same industry.
ENB-PF-V is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
When comparing the performance of all stocks over the past year, ENB-PF-V turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
In the last month ENB-PF-V has a been trading in a tight range between 23.58 and 24.30.
Although the technical rating is only medium, ENB-PF-V does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 24.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 24.13, a Stop Loss order could be placed below this zone.
More info and screens
21.00
24.55
When analyzing the support we can see 2 important areas.
- A support zone ranging from 23.57 to 24.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 21.21 to 21.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 24.31 to 24.31. 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
CRS61.21
Mansfield-0.04
10 Day High24.3
10 Day Low23.58
20 Day High24.3
20 Day Low23.58
52 Week High24.5
52 Week Low21.11
Performance
1 Week0.83%
2 Weeks0.87%
1 Month0.62%
3 Month1.38%
6 Month5.42%
12 Month11.78%
2 Year18.54%
3 Year13.02%
5 Year81.75%
10 Year15.11%
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)0.01
RSI(14)57.14
LBB23.74
UBB24.28
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 24.32 | 23.57 | 0.75 (3.08%) | 25.00% |
| An entry @24.32. This is a Buy Stop order right above the resistance zone. | An exit @23.57. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.75 points, which is 3.08%. | For a 0.77% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENBRIDGE INC - ENBCN 6.683 PERP
TSX:ENB-PF-V (3/6/2025, 7:00:00 PM)
24.3
+0.28 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.17%
1 Week0.83%
2 Weeks0.87%
1 Month0.62%
3 Month1.38%
6 Month5.42%
12 Month11.78%
2 Year18.54%
3 Year13.02%
5 Year81.75%
10 Year15.11%
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%0.81%
ATR Inc40.94%
Range Today0.2
ADR(20)0.17
ADR(20)%0.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.21
Mansfield-0.04
10 Day High24.3
10 Day Low23.58
20 Day High24.3
20 Day Low23.58
52 Week High24.5
52 Week Low21.11
CS1 End24.13
CR1 Start24.31
Volume & EV
DER(3)0.71%
DER(5)0.42%
Volume1.10K
Volume Incr6.11%
Vol(5)2.52K
Vol(50)1.96K