ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:ENB-PR-G - CA29250N8576
We assign a technical rating of 8 out of 10 to ENB-PR-G. Although ENB-PR-G is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although ENB-PR-G has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.91
We found 5 important support areas.
- A support zone ranging from 21.90 to 22.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.96 to 21.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 20.35 to 20.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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.
- Support @19.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- 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.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for ENB-PR-G.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENB-PR-G.CA is up. |
| ChartMill Relative Strength | 59.53 | NEUTRAL | ENB-PR-G.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENB-PR-G.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ENB-PR-G.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 60.74 | NEUTRAL | The RSI value for ENB-PR-G.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests ENB-PR-G.CA has a positive trend. |
| Stochastics (14,3) | 99.21 | OVERBOUGHT | The high Stochastics value suggests ENB-PR-G.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.07 | MEDIUM VOLATILITY | The ATR as a percentage value for ENB-PR-G.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.51 | NEGATIVE | The low ADX value for ENB-PR-G.CA suggests a weak or negative trend. |
TSX:ENB-PR-G (12/10/2025, 7:00:00 PM)
22.94
+0.34 (+1.5%)
ENBRIDGE INC - ENBCN 4.7 PERP / ENB-PR-G.CA FAQ
What is the technical rating for ENB-PR-G stock?
ChartMill assigns a technical rating of 8 / 10 to ENB-PR-G.CA.
What is the current trend direction of ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) stock?
The current trend direction for ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) is Bullish.
Can you provide the RSI signal for ENBRIDGE INC - ENBCN 4.7 PERP?
ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) has an RSI value of 60.7411. This indicates that the stock is currently neutral.
What is the buy/sell signal for ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) stock?
The buy/sell signal for ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) stock?
ENBRIDGE INC - ENBCN 4.7 PERP (ENB-PR-G.CA) has a support level at 22.04 and a resistance level at 23. Check the full technical report for our detailed analysis of ENB-PR-G.CA support and resistance levels.