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Enbridge Inc.

ENB-PFK.TO Technical Analysis Summary (TSX)

Analyze ENB-PFK.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ENB-PFK.TO●TSX
EnergyOil & Gas Midstream
$26.35
$0.15(0.57%)
Canadian Market opens in 1h 41m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ENB-PFK.TO Technical Analysis Summary (TSX)

Enbridge Inc. (TSX: ENB-PFK.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.46)
Trend Strength:Weak (ADX: 9.65)
Volatility:Low (ATR: 0.37)
Support/Resistance:$23.27 – $25.61 (Bollinger Bands)

Technical conditions suggest Enbridge Inc. on the TSX is awaiting a decisive move. Overall, Enbridge Inc. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 50.46

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 18.32

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.91

Neutral
Price change is minimal.

Takeaway:Enbridge Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.17

Bullish
Bullish, trend momentum is strengthening.

ADX: 9.65

Weak
Weak trend, market trading sideways.

ATR (14): 0.37

Low
Low volatility, stable price action.

CCI (14): -57.08

Bearish
Bearish, momentum remains under pressure.

Takeaway:Enbridge Inc. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.61
Middle Band (SMA 20)
$24.44
Lower Band
$23.27
Current Position
Above Upper Band

Takeaway:Enbridge Inc. trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$25.19
Middle Line (EMA 20)
$24.44
Lower Channel
$23.70
Squeeze Status
No Squeeze

Takeaway:Enbridge Inc. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-45.29K
Money Flow Index42.87Neutral, balanced money flows with no clear signal.
Relative Vigor Index31.72Bearish, price momentum favors sellers.

Overall Takeaway:ENB-PFK.TO shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Enbridge Inc. (TSX: ENB-PFK.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Enbridge Inc. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: ENB-PFK.TO) Technical Analysis FAQ