ENBRIDGE INC (ENB.CA)
CA29250N1050 - Common Stock
Overall ENB gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ENB is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that ENB is one of the better performing stocks in the market, outperforming 78% of all stocks.
ENB is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 80% of 220 stocks in the same industry.
A new 52 week high is currently being made by ENB, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month ENB has a been trading in the 52.90 - 56.09 range, which is quite wide. It is currently trading near the high of this range.
ENB has an average volume of 9221920 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although ENB has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
46.60
56.53
When analyzing the support we can see 3 important areas.
- Support @49.95 from a trend line in the daily time frame.
- A support zone ranging from 48.69 to 48.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 47.07 to 47.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 55.52 to 55.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.24
Mansfield0.15
10 Day High56.09
10 Day Low54.14
20 Day High56.09
20 Day Low52.9
52 Week High56.09
52 Week Low42.75
Performance
1 Week1.37%
2 Weeks1.89%
1 Month4.05%
3 Month16.86%
6 Month15.14%
12 Month19.27%
2 Year8.38%
3 Year10.01%
5 Year19.38%
10 Year3.54%
15 Year434.14%
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)0.03
RSI(14)66.6
LBB53.19
UBB56.19
ENBRIDGE INC
TSX:ENB (9/17/2024, 7:00:00 PM)
55.51
-0.45 (-0.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.8%
1 Week1.37%
2 Weeks1.89%
1 Month4.05%
3 Month16.86%
6 Month15.14%
12 Month19.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.61
ATR(20)%0.99%
ATR Inc
Range Today0.66
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High56.09
10 Day Low54.14
20 Day High56.09
20 Day Low52.9
52 Week High56.09
52 Week Low42.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.03M
Volume Incr-33.82%
Vol(5)6.89M
Vol(50)9.22M