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ENBRIDGE INC - ENBCN 5 1/2 PERP (ENB-PR-A.CA) Stock Technical Analysis

TSX:ENB-PR-A - Toronto Stock Exchange - CA29250N2041 - Currency: CAD

23.5  +0.1 (+0.43%)

Technical Rating and Analysis

6

Taking everything into account, ENB-PR-A scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ENB-PR-A is only an average performer.

Warning: ENB-PR-A has an average volume of 3051 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 gets the benefit of the doubt for now.
ENB-PR-A is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 79% of 219 stocks in the same industry.
ENB-PR-A 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-PR-A slightly outperforms the market at the moment.
When compared to the yearly performance of all other stocks, ENB-PR-A outperforms 68% of them, which is more or less in line with the market.
In the last month ENB-PR-A has a been trading in a tight range between 23.19 and 23.59.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 5 1/2 PERP / ENB-PR-A Weekly stock chart
ENBRIDGE INC - ENBCN 5 1/2 PERP / ENB-PR-A Daily stock chart
Setup Rating and Analysis

4

ENB-PR-A has an average technical rating and the quality of the presented setup is also not ideal 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.

Support and Resistance Analysis

21.61

23.99

We found 2 important support areas.

  • A support zone ranging from 23.01 to 23.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 21.83 to 22.39. 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 23.50 to 23.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.47
Mansfield0.23
10 Day High23.57
10 Day Low23.19
20 Day High23.59
20 Day Low23.19
52 Week High24.43
52 Week Low20.4
Performance
1 Week0.77%
2 Weeks0.17%
1 Month0.43%
3 Month5.86%
6 Month2.66%
12 Month11.75%
2 Year5.9%
3 Year-5.66%
5 Year12.55%
10 Year-7.66%
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
RSI(14)56
LBB23.23
UBB23.5
ENBRIDGE INC - ENBCN 5 1/2 PERP / ENB-PR-A Daily stock chart

ENBRIDGE INC - ENBCN 5 1/2 PERP

TSX:ENB-PR-A (3/7/2025, 7:00:00 PM)

23.5

+0.1 (+0.43%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.43%
1 Week0.77%
2 Weeks0.17%
1 Month0.43%
3 Month5.86%
6 Month2.66%
12 Month11.75%
2 Year5.9%
3 Year-5.66%
5 Year12.55%
10 Year-7.66%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.55%
ATR Inc23.03%
Range Today0.08
ADR(20)0.08
ADR(20)%0.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.47
Mansfield0.23
10 Day High23.57
10 Day Low23.19
20 Day High23.59
20 Day Low23.19
52 Week High24.43
52 Week Low20.4
CS1 End23.48
CR1 Start23.5
Volume & EV
DER(3)0%
DER(5)0%
Volume1.50K
Volume Incr-16.04%
Vol(5)2.67K
Vol(50)3.05K