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ENBRIDGE INC - ENBCN 6.7037 PERP (ENB-PR-V.CA) Stock Technical Analysis

TSX:ENB-PR-V - Toronto Stock Exchange - CA29250N7172 - Currency: USD

22.81  +0.34 (+1.51%)

Technical Rating and Analysis

1

Taking everything into account, ENB-PR-V scores 1 out of 10 in our technical rating. ENB-PR-V has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
Warning: ENB-PR-V has an average volume of 5326 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ENB-PR-V is part of the Oil, Gas & Consumable Fuels industry. There are 218 other stocks in this industry. ENB-PR-V outperforms 72% of them.
When comparing the performance of all stocks over the past year, ENB-PR-V turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
ENB-PR-V is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ENB-PR-V has a been trading in the 22.06 - 23.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
ENBRIDGE INC - ENBCN 6.7037 PERP / ENB-PR-V Weekly stock chart
ENBRIDGE INC - ENBCN 6.7037 PERP / ENB-PR-V Daily stock chart
Setup Rating and Analysis

3

The technical rating of ENB-PR-V is bad and it also does not present a quality setup 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

21.78

24.37

When analyzing the support we notice one important area.

  • A support zone ranging from 22.00 to 22.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We can see 2 important resistance areas.

  • A resistance zone ranging from 23.09 to 23.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 24.10 to 24.13. 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
CRS46.09
Mansfield0.16
10 Day High22.81
10 Day Low22.17
20 Day High23.54
20 Day Low22.06
52 Week High24.18
52 Week Low21.12
Performance
1 Week2.1%
2 Weeks2.33%
1 Month-3.67%
3 Month-4.96%
6 Month-4.96%
12 Month3.92%
2 Year-0.13%
3 Year2.06%
5 Year47.16%
10 Year7.04%
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)0.06
RSI(14)50.08
LBB22.14
UBB22.69
ENBRIDGE INC - ENBCN 6.7037 PERP / ENB-PR-V Daily stock chart

ENBRIDGE INC - ENBCN 6.7037 PERP

TSX:ENB-PR-V (4/28/2025, 7:00:00 PM)

22.81

+0.34 (+1.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.51%
1 Week2.1%
2 Weeks2.33%
1 Month-3.67%
3 Month-4.96%
6 Month-4.96%
12 Month3.92%
2 Year-0.13%
3 Year2.06%
5 Year47.16%
10 Year7.04%
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%1.13%
ATR Inc-14.08%
Range Today0.28
ADR(20)0.22
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
CRS46.09
Mansfield0.16
10 Day High22.81
10 Day Low22.17
20 Day High23.54
20 Day Low22.06
52 Week High24.18
52 Week Low21.12
CS1 End22.64
CR1 Start23.09
Volume & EV
DER(3)-0.78%
DER(5)-1.15%
Volume26.01K
Volume Incr41.66%
Vol(5)8.79K
Vol(50)5.33K