Technical Analysis for ENB - Enbridge Inc
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
 |
30.37 | -0.85% | -0.26 |
ENB closed up 1.36 percent on Thursday, July 2, 2020, on 51 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Flat |
| Historical ENB trend table... | |||
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | -0.85% | |
| Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | -0.85% | |
| NR7 | Range Contraction | -0.85% | |
| Doji - Bearish? | Reversal | -0.85% | |
| 180 Bearish Setup | Bearish Swing Setup | 0.50% | |
| Non-ADX 1,2,3,4 Bearish | Bearish Swing Setup | 0.50% | |
| Oversold Stochastic | Weakness | 0.50% | |
| Multiple of Ten Bullish | Other | -0.16% | |
| Oversold Stochastic | Weakness | -0.16% | |
| Stochastic Buy Signal | Bullish | 0.26% |
Get a Trading Sidekick!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
- Earnings date: 05/10/2019
- Sector: Energy
- Industry: Oil & Gas Midstream
Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals. The company's Gas Distribution segment operates as a natural gas utility serving residential, commercial, and industrial customers in central and eastern Ontario, and northern New York State, as well as in Quebec and New Brunswick. Its Gas Pipelines, Processing, and Energy Services segment invests in natural gas pipelines, including the United States portion of the Alliance System, the Vector Pipeline, and transmission and gathering pipelines in the Gulf of Mexico; natural gas processing comprising Aux Sable, a natural gas extraction and fractionation business located near Chicago; and renewable energy projects, such as wind, solar, and geothermal projects with approximately 800 mega watts of generating capacity located in Quebec, Colorado, Nevada, and Oregon. This segment also provides energy supply and marketing services to refiners, producers, and other customers; customer services for crude oil and NGL, such as transportation, storage, supply management, flexible pricing, hedging programs, and product exchanges; and natural gas supply, transportation, balancing, and storage to third parties. The company's Sponsored Investments segment transports crude oil and other liquid hydrocarbons through common carrier and feeder pipelines; and transports, gathers, processes, and markets natural gas and NGL. This segment is also involved in the generation, transportation, and storage of energy with a renewable and alternative power generation capacity of 579 MW; crude oil transportation and storage; and natural gas transportation. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
Energy Transportation Natural Gas Petroleum Industry Crude Oil Natural Gas Liquids S&P/Tsx 60 Index Natural Gas Processing Enterprise Products NGL Natural Gas Pipelines Renewable Energy Projects Transcanada Corporation Natural Gas Transportation Markets Natural Gas Supply Management Energy Transportation Vector Pipeline Natural Gas Supply Natural Gas Utility Oil Pipelines
Energy Transportation Natural Gas Petroleum Industry Crude Oil Natural Gas Liquids S&P/Tsx 60 Index Natural Gas Processing Enterprise Products NGL Natural Gas Pipelines Renewable Energy Projects Transcanada Corporation Natural Gas Transportation Markets Natural Gas Supply Management Energy Transportation Vector Pipeline Natural Gas Supply Natural Gas Utility Oil Pipelines
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 43.15 |
| 52 Week Low | 22.57 |
| Average Volume | 3,741,156 |
| 200-Day Moving Average | 35.02 |
| 50-Day Moving Average | 31.39 |
| 20-Day Moving Average | 31.26 |
| 10-Day Moving Average | 30.47 |
| Average True Range | 0.90 |
| ADX | 17.33 |
| +DI | 21.10 |
| -DI | 26.42 |
| Chandelier Exit (Long, 3 ATRs ) | 31.30 |
| Chandelier Exit (Short, 3 ATRs ) | 32.22 |
| Upper Bollinger Band | 33.52 |
| Lower Bollinger Band | 29.00 |
| Percent B (%b) | 0.36 |
| BandWidth | 14.44 |
| MACD Line | -0.40 |
| MACD Signal Line | -0.29 |
| MACD Histogram | -0.118 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 31.43 | ||||
| Resistance 3 (R3) | 31.49 | 31.29 | 31.29 | ||
| Resistance 2 (R2) | 31.29 | 31.09 | 31.26 | 31.25 | |
| Resistance 1 (R1) | 30.96 | 30.96 | 30.86 | 30.90 | 31.20 |
| Pivot Point | 30.76 | 30.76 | 30.71 | 30.73 | 30.76 |
| Support 1 (S1) | 30.43 | 30.56 | 30.33 | 30.37 | 30.06 |
| Support 2 (S2) | 30.23 | 30.43 | 30.20 | 30.01 | |
| Support 3 (S3) | 29.90 | 30.23 | 29.97 | ||
| Support 4 (S4) | 29.84 |
