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ENBRIDGE INC - ENBCN 5.23 PERP (ENB-PR-G.CA) Stock Technical Analysis

TSX:ENB-PR-G - Toronto Stock Exchange - CA29250N8576 - Currency: CAD

20.5  0 (0%)

Technical Rating and Analysis

0

Taking everything into account, ENB-PR-G scores 0 out of 10 in our technical rating. ENB-PR-G's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

100% of all other stocks performed better in the past year than ENB-PR-G.
ENB-PR-G is part of the Oil, Gas & Consumable Fuels industry. There are 219 other stocks in this industry, of which 93% are performing better than ENB-PR-G.
ENB-PR-G is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: ENB-PR-G has an average volume of 1297 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 5.23 PERP / ENB-PR-G Weekly stock chart
ENBRIDGE INC - ENBCN 5.23 PERP / ENB-PR-G Daily stock chart
Setup Rating and Analysis

5

ENB-PR-G has a poor technical rating and the quality of the setup is also not perfect 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

19.31

23.29

We found 2 important support areas.

  • Support @20.10 from a horizontal line in the daily time frame.
  • A support zone ranging from 19.50 to 19.78. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 21.45 to 21.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 23.00 to 23.06. 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
CRS0
Mansfield-30
10 Day High22
10 Day Low19.78
20 Day High23
20 Day Low19.78
52 Week HighN/A
52 Week LowN/A
Performance
1 Week0%
2 Weeks-7.87%
1 Month-10.52%
3 Month-7.87%
6 Month7.33%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
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)-0.14
RSI(14)44.46
LBB18.94
UBB23.12
ENBRIDGE INC - ENBCN 5.23 PERP / ENB-PR-G Daily stock chart

ENBRIDGE INC - ENBCN 5.23 PERP

TSX:ENB-PR-G (3/6/2025, 7:00:00 PM)

20.5

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week0%
2 Weeks-7.87%
1 Month-10.52%
3 Month-7.87%
6 Month7.33%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%2.75%
ATR Inc-100%
Range Today0
ADR(20)0.2
ADR(20)%0.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High22
10 Day Low19.78
20 Day High23
20 Day Low19.78
52 Week HighN/A
52 Week LowN/A
CS1 End20.1
CR1 Start21.45
Volume & EV
DER(3)18.33%
DER(5)11%
Volume500
Volume Incr-11.66%
Vol(5)1.36K
Vol(50)1.30K