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ENBRIDGE INC - ENBCN 6.696 PERP (ENB-PR-N.CA) Stock Technical Analysis

TSX:ENB-PR-N - Toronto Stock Exchange - CA29250N7743 - Currency: CAD

22.7  0 (0%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to ENB-PR-N. In the last year, ENB-PR-N was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.

Warning: ENB-PR-N has an average volume of 10480 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ENB-PR-N 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-PR-N 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-N 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 compared to the yearly performance of all other stocks, ENB-PR-N outperforms 62% of them, which is more or less in line with the market.
In the last month ENB-PR-N has a been trading in a tight range between 22.45 and 23.35.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 6.696 PERP / ENB-PR-N Weekly stock chart
ENBRIDGE INC - ENBCN 6.696 PERP / ENB-PR-N Daily stock chart
Setup Rating and Analysis

5

ENB-PR-N has a poor technical rating and the quality of the setup is also only medium 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

19.95

24.11

3 important support areas can be observed.

  • A support zone ranging from 22.32 to 22.36. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 21.32 to 21.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @20.15 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 22.70 to 23.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 23.71 to 23.87. 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
CRS62.06
Mansfield0.15
10 Day High22.9
10 Day Low22.45
20 Day High23.35
20 Day Low22.45
52 Week High23.87
52 Week Low19.52
Performance
1 Week-0.35%
2 Weeks-0.57%
1 Month-1.35%
3 Month4.37%
6 Month2.71%
12 Month9.29%
2 Year30.53%
3 Year8.87%
5 Year80.88%
10 Year13.1%
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)43.18
LBB22.57
UBB22.9
ENBRIDGE INC - ENBCN 6.696 PERP / ENB-PR-N Daily stock chart

ENBRIDGE INC - ENBCN 6.696 PERP

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

22.7

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0%
1 Week-0.35%
2 Weeks-0.57%
1 Month-1.35%
3 Month4.37%
6 Month2.71%
12 Month9.29%
2 Year30.53%
3 Year8.87%
5 Year80.88%
10 Year13.1%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%0.73%
ATR Inc-48.15%
Range Today0.06
ADR(20)0.15
ADR(20)%0.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.06
Mansfield0.15
10 Day High22.9
10 Day Low22.45
20 Day High23.35
20 Day Low22.45
52 Week High23.87
52 Week Low19.52
CS1 End22.36
CR1 Start22.7
Volume & EV
DER(3)51.93%
DER(5)34.52%
Volume856
Volume Incr-61.76%
Vol(5)3.89K
Vol(50)10.48K