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ENBRIDGE INC - ENBCN 5.988 PERP (ENB-PR-J.CA) Stock Technical Analysis

TSX:ENB-PR-J - Toronto Stock Exchange - CA29250N6422 - Currency: CAD

20.56  -0.04 (-0.19%)

Technical Rating and Analysis

4

Overall ENB-PR-J gets a technical rating of 4 out of 10. ENB-PR-J has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

Warning: ENB-PR-J has an average volume of 10012 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ENB-PR-J is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 76% of 219 stocks in the same industry.
ENB-PR-J 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-J slightly outperforms the market at the moment.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, ENB-PR-J turns out to be only a medium performer in the overall market: it outperformed 63% of all stocks.
In the last month ENB-PR-J has a been trading in a tight range between 20.52 and 21.07.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 5.988 PERP / ENB-PR-J Weekly stock chart
ENBRIDGE INC - ENBCN 5.988 PERP / ENB-PR-J Daily stock chart
Setup Rating and Analysis

6

ENB-PR-J has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 20.46, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

17.63

21.45

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 20.20 to 20.46. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A support zone ranging from 19.42 to 19.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 17.81 to 17.96. 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 20.61 to 20.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 21.20 to 21.24. 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
CRS63.76
Mansfield0.19
10 Day High20.75
10 Day Low20.52
20 Day High21.07
20 Day Low20.52
52 Week High21.28
52 Week Low17.76
Performance
1 Week-0.34%
2 Weeks-0.92%
1 Month-1.72%
3 Month4.52%
6 Month2.34%
12 Month10.12%
2 Year27.62%
3 Year7.14%
5 Year78.63%
10 Year-2.14%
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)-0.02
RSI(14)36.79
LBB20.52
UBB20.82
ENBRIDGE INC - ENBCN 5.988 PERP / ENB-PR-J Daily stock chart

ENBRIDGE INC - ENBCN 5.988 PERP

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

20.56

-0.04 (-0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.19%
1 Week-0.34%
2 Weeks-0.92%
1 Month-1.72%
3 Month4.52%
6 Month2.34%
12 Month10.12%
2 Year27.62%
3 Year7.14%
5 Year78.63%
10 Year-2.14%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%0.58%
ATR Inc-23.56%
Range Today0.09
ADR(20)0.1
ADR(20)%0.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.76
Mansfield0.19
10 Day High20.75
10 Day Low20.52
20 Day High21.07
20 Day Low20.52
52 Week High21.28
52 Week Low17.76
CS1 End20.46
CR1 Start20.61
Volume & EV
DER(3)0%
DER(5)0.78%
Volume21.33K
Volume Incr-11.13%
Vol(5)8.45K
Vol(50)10.01K