Technical Analysis for ENB - Enbridge Inc.

Grade Last Price % Change Price Change
grade F 40.15 -0.12% -0.050
ENB closed down 0.12 percent on Friday, July 10, 2020, on 1.21 times normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.
Earnings due: Jul 31
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical ENB trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Down 3 Days in a Row Weakness -0.12%
Down 4 Days in a Row Weakness -0.12%
Oversold Stochastic Weakness -0.12%

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Profile

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.
Energy Natural Gas S&P/Tsx 60 Index Natural Gas Liquids States Of The United States Energy Industry Natural Gas Processing Energy Assets Transcanada Corporation Enbridge Energy Transportation

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 57.32
52 Week Low 33.06
Average Volume 6,972,135
200-Day Moving Average 46.953
50-Day Moving Average 43.074
20-Day Moving Average 41.599
10-Day Moving Average 40.950
Average True Range 0.966
ADX 19.64
+DI 17.695
-DI 28.645
Chandelier Exit (Long, 3 ATRs ) 41.483
Chandelier Exit (Short, 3 ATRs ) 42.897
Upper Bollinger Band 43.417
Lower Bollinger Band 39.781
Percent B (%b) 0.1
BandWidth 8.741
MACD Line -0.748
MACD Signal Line -0.640
MACD Histogram -0.1083
Fundamentals Value
Market Cap 66.08 Billion
Num Shares 1.65 Billion
EPS 1.55
Price-to-Earnings (P/E) Ratio 25.90
Price-to-Sales 2.00
Price-to-Book 1.56
PEG Ratio 2.83
Dividend 2.44
Dividend Yield 6.08%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.780
Resistance 3 (R3) 40.827 40.663 40.675
Resistance 2 (R2) 40.663 40.503 40.640 40.640
Resistance 1 (R1) 40.407 40.404 40.325 40.360 40.605
Pivot Point 40.243 40.243 40.203 40.220 40.243
Support 1 (S1) 39.987 40.083 39.905 39.940 39.695
Support 2 (S2) 39.823 39.984 39.800 39.660
Support 3 (S3) 39.567 39.823 39.625
Support 4 (S4) 39.520