Technical Analysis for ENB - Enbridge Inc.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Gapped Down | Weakness | -0.55% | |
| Oversold Stochastic | Weakness | -0.55% | |
| 20 DMA Resistance | Bearish | -1.03% | |
| NR7 | Range Contraction | -1.03% | |
| NR7-2 | Range Contraction | -1.03% | |
| Narrow Range Bar | Range Contraction | -1.03% | |
| Stochastic Reached Oversold | Weakness | -1.03% | |
| Oversold Stochastic | Weakness | -1.03% | |
| 20 DMA Resistance | Bearish | -0.95% | |
| NR7 | Range Contraction | -0.95% |
| Alert | Time |
|---|---|
| Fell Below Previous Day's Low | 2 minutes ago |
| Fell Below Previous Day's Low | 1 day ago |
| Possible NR7 | 2 days ago |
| 20 DMA Resistance | 2 days ago |
| Rose Above Previous Day's High | 2 days ago |
Free Daily (Stock) Chart Reading
- Earnings date: 2024-05-03
Enbridge Inc. Description
Enbridge Inc. is a Canada-based energy transportation and distribution company. The Company is engaged in delivering energy. It operates through five segments: Liquids Pipelines, Gas Distribution, Gas Pipelines and Processing, Green Power and Transmission, and Energy Services. Liquids Pipelines consists of common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals, including Canadian Mainline, Lakehead Pipeline System, Mid-Continent and Gulf Coast and Regional Oil Sands System. Gas Distribution consists of its natural gas utility operations, the core of which is Enbridge Gas Distribution Inc. Green Power and Transmission consists of its investments in renewable energy assets and transmission facilities. Renewable energy assets consist of wind, solar, geothermal and waste heat recovery facilities in Canada. Energy Services undertake physical commodity marketing activity and logistical services, and oversee refinery supply services.
Classification
Sector: Energy
Industry: Oil & Gas Midstream
Keywords: Energy Oil Natural Gas Marketing S&P/Tsx 60 Index Transport Pipe Transportation Crude Oil Pipeline Liquids Waste Renewable Energy Natural Gas Liquids Solar Energy Services Oil Sands Commodity Energy Industry Natural Gas Processing Terminals Commodity Market Refined Products Enbridge Energy Assets Energy Transportation Gas Utility Pipeline System Transcanada Corporation
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 51.4133 |
| 52 Week Low | 40.3814 |
| Average Volume | 8,871,321 |
| 200-Day Moving Average | 45.647 |
| 50-Day Moving Average | 48.211 |
| 20-Day Moving Average | 49.704 |
| 10-Day Moving Average | 49.913 |
| Average True Range | 0.576 |
| RSI (14) | 52.15 |
| ADX | 34.04 |
| +DI | 26.827 |
| -DI | 21.132 |
| Chandelier Exit (Long, 3 ATRs) | 49.686 |
| Chandelier Exit (Short, 3 ATRs) | 49.457 |
| Upper Bollinger Bands | 51.212 |
| Lower Bollinger Band | 48.195 |
| Percent B (%b) | 0.38 |
| BandWidth | 6.069 |
| MACD Line | 0.466 |
| MACD Signal Line | 0.651 |
| MACD Histogram | -0.1849 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 49.930 | ||||
| Resistance 3 (R3) | 49.937 | 49.743 | 49.830 | ||
| Resistance 2 (R2) | 49.743 | 49.591 | 49.740 | 49.797 | |
| Resistance 1 (R1) | 49.537 | 49.496 | 49.640 | 49.530 | 49.763 |
| Pivot Point | 49.343 | 49.343 | 49.395 | 49.340 | 49.343 |
| Support 1 (S1) | 49.137 | 49.191 | 49.240 | 49.130 | 48.897 |
| Support 2 (S2) | 48.943 | 49.096 | 48.940 | 48.863 | |
| Support 3 (S3) | 48.737 | 48.943 | 48.830 | ||
| Support 4 (S4) | 48.730 |
