Technical Analysis for ENB - Enbridge Inc

Grade Last Price % Change Price Change
grade A 35.62 -0.81% -0.29
ENB closed down 0.81 percent on Monday, October 14, 2019, on 39 percent of normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Flat Up Up
See historical ENB trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Slingshot Bullish Bullish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup -0.81%
MACD Bullish Signal Line Cross Bullish -0.81%
Gapped Up Strength -0.81%
Up 3 Days in a Row Strength -0.81%
Upper Bollinger Band Touch Strength -0.81%

Older signals for ENB ...

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Basic chart:
Profile
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 NGL Enterprise Products Natural Gas Pipelines Renewable Energy Projects Transcanada Corporation Natural Gas Transportation Supply Management Markets Natural Gas Vector Pipeline Energy Transportation Natural Gas Supply Crude Oil Transportation Energy Supply Natural Gas Utility Oil Pipelines
Is ENB a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 0 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 38.04
52 Week Low 28.82
Average Volume 3,162,090
200-Day Moving Average 35.5925
50-Day Moving Average 34.304
20-Day Moving Average 35.2025
10-Day Moving Average 35.038
Average True Range 0.52
ADX 16.82
+DI 32.7821
-DI 25.5295
Chandelier Exit (Long, 3 ATRs ) 34.66
Chandelier Exit (Short, 3 ATRs ) 35.35
Upper Bollinger Band 36.1305
Lower Bollinger Band 34.2745
Percent B (%b) 0.72
BandWidth 5.272353
MACD Line 0.2622
MACD Signal Line 0.2278
MACD Histogram 0.0344
Fundamentals Value
Market Cap 58.62 Billion
Num Shares 1.65 Billion
EPS 1.27
Price-to-Earnings (P/E) Ratio 28.05
Price-to-Sales 1.89
Price-to-Book 1.48
PEG Ratio 4.65
Dividend 1.96
Dividend Yield 5.50%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 36.22
Resistance 3 (R3) 36.24 36.05 36.12
Resistance 2 (R2) 36.05 35.89 36.04 36.09
Resistance 1 (R1) 35.83 35.80 35.74 35.82 36.05
Pivot Point 35.65 35.65 35.60 35.64 35.65
Support 1 (S1) 35.43 35.49 35.34 35.42 35.19
Support 2 (S2) 35.24 35.40 35.24 35.15
Support 3 (S3) 35.03 35.24 35.12
Support 4 (S4) 35.02