Technical Analysis for ENB - Enbridge Inc.

Grade Last Price % Change Price Change
A 50.720 0.94% 0.470
ENB closed up 0.94 percent on Friday, July 26, 2024, on 45 percent of normal volume. 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.
Earnings due: Aug 2
*** please verify all earnings dates ***
14 Watchers
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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
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
New Uptrend Bullish 0.94%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.94%
Upper Bollinger Band Walk Strength 0.94%
Inside Day Range Contraction 0.94%
Overbought Stochastic Strength 0.94%
Pocket Pivot Bullish Swing Setup 0.44%
Upper Bollinger Band Walk Strength 0.44%
Outside Day Range Expansion 0.44%

   Recent Intraday Alerts

Alert Time
Rose Above Upper Bollinger Band about 10 hours ago
Up 1 ATR about 10 hours ago
Up 1% about 10 hours ago
Upper Bollinger Band Resistance about 10 hours ago
Non-ADX 1,2,3,4 Pullback Entry about 12 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 Commodity Energy Industry 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 51.4133
52 Week Low 40.3814
Average Volume 6,954,253
200-Day Moving Average 46.755
50-Day Moving Average 49.091
20-Day Moving Average 49.349
10-Day Moving Average 49.989
Average True Range 0.515
RSI (14) 67.43
ADX 27.53
+DI 30.896
-DI 10.850
Chandelier Exit (Long, 3 ATRs) 49.326
Chandelier Exit (Short, 3 ATRs) 49.104
Upper Bollinger Bands 50.914
Lower Bollinger Band 47.784
Percent B (%b) 0.94
BandWidth 6.341
MACD Line 0.502
MACD Signal Line 0.330
MACD Histogram 0.1719
Fundamentals Value
Market Cap 102.72 Billion
Num Shares 2.03 Billion
EPS 0.96
Price-to-Earnings (P/E) Ratio 52.83
Price-to-Sales 2.01
Price-to-Book 1.45
PEG Ratio 3.20
Dividend 3.24
Dividend Yield 6.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 51.545
Resistance 3 (R3) 51.503 51.187 51.408
Resistance 2 (R2) 51.187 50.977 51.208 51.362
Resistance 1 (R1) 50.953 50.847 51.070 50.995 51.316
Pivot Point 50.637 50.637 50.695 50.658 50.637
Support 1 (S1) 50.403 50.427 50.520 50.445 50.124
Support 2 (S2) 50.087 50.297 50.108 50.078
Support 3 (S3) 49.853 50.087 50.033
Support 4 (S4) 49.895