Technical Analysis for ENB - Enbridge Inc.

Grade Last Price % Change Price Change
A 59.950 0.52% 0.310
ENB closed up 0.52 percent on Tuesday, November 19, 2024, on 3.11 times normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Volume Surge Other 0.00%
New 52 Week High Strength 0.00%
Multiple of Ten Bearish Other 0.00%
Outside Day Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Pocket Pivot Bullish Swing Setup 0.52%
Volume Surge Other 0.52%
New 52 Week High Strength 0.52%
Overbought Stochastic Strength 0.52%

   Recent Intraday Alerts

Alert Time
Upper Bollinger Band Resistance about 4 hours ago
Rose Above Previous Day's High about 5 hours ago
New 52 Week High about 5 hours ago
Outside Day about 5 hours ago
10x Volume Pace about 9 hours ago

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Profile

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 Energy Industry Commodity Natural Gas Processing Terminals Commodity Market Refined Products Enbridge Energy Assets Energy Transportation Gas Utility Pipeline System Transcanada Corporation

Is ENB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 60.18
52 Week Low 43.3879
Average Volume 9,277,702
200-Day Moving Average 50.151
50-Day Moving Average 55.865
20-Day Moving Average 57.248
10-Day Moving Average 58.682
Average True Range 0.795
RSI (14) 74.62
ADX 32.35
+DI 33.809
-DI 11.454
Chandelier Exit (Long, 3 ATRs) 57.795
Chandelier Exit (Short, 3 ATRs) 57.077
Upper Bollinger Bands 60.419
Lower Bollinger Band 54.076
Percent B (%b) 0.93
BandWidth 11.080
MACD Line 1.140
MACD Signal Line 0.880
MACD Histogram 0.2604
Fundamentals Value
Market Cap 121.41 Billion
Num Shares 2.03 Billion
EPS 0.96
Price-to-Earnings (P/E) Ratio 62.45
Price-to-Sales 2.01
Price-to-Book 1.45
PEG Ratio 3.20
Dividend 3.24
Dividend Yield 5.40%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 61.345
Resistance 3 (R3) 61.267 60.723 61.113
Resistance 2 (R2) 60.723 60.368 60.763 61.035
Resistance 1 (R1) 60.337 60.149 60.530 60.415 60.957
Pivot Point 59.793 59.793 59.890 59.833 59.793
Support 1 (S1) 59.407 59.438 59.600 59.485 58.943
Support 2 (S2) 58.863 59.219 58.903 58.865
Support 3 (S3) 58.477 58.863 58.788
Support 4 (S4) 58.555