Technical Analysis for ENB - Enbridge Inc

Grade Last Price % Change Price Change
B 38.95 1.46% 0.56
ENB closed up 1.46 percent on Friday, May 14, 2021, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.

Trend Table & Recent EOD Signals

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

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
Crossed Above 20 DMA Bullish 0.00%
Calm After Storm Range Contraction 0.00%
NR7 Range Contraction 0.00%
Fell Below 20 DMA Bearish 1.46%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 1.46%
Slingshot Bullish Bullish Swing Setup 1.46%
Overbought Stochastic Strength 1.46%
Down 3 Days in a Row Weakness 1.46%
Gapped Down Weakness 1.46%
Older End-of-Day Signals for ENB ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Get a Trading Assistant

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Enbridge Inc Description

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.


Classification

Sector: Energy
Industry: Oil & Gas Midstream
Keywords: Natural Gas Petroleum Industry Crude Oil Natural Gas Liquids Energy Services Refined Products S&P/Tsx 60 Index Natural Gas Processing Gas Pipelines Natural Gas Pipelines Energy Projects Gas Processing Gas Utility Gas Transportation Markets Natural Gas Hydrocarbons Renewable Energy Projects Supply Management Natural Gas Transportation Oil Pipelines Customer Services Oil Transportation Transports Crude Oil Crude Oil Transportation Energy Supply Natural Gas Supply Natural Gas Utility Energy Transportation Segment Transports Crude Oil Vector Pipeline Contract Crude Oil

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 40.42
52 Week Low 26.97
Average Volume 3,620,010
200-Day Moving Average 33.34
50-Day Moving Average 37.34
20-Day Moving Average 38.50
10-Day Moving Average 39.42
Average True Range 0.69
ADX 20.5
+DI 27.76
-DI 27.20
Chandelier Exit (Long, 3 ATRs ) 38.34
Chandelier Exit (Short, 3 ATRs ) 38.63
Upper Bollinger Band 40.69
Lower Bollinger Band 36.31
Percent B (%b) 0.6
BandWidth 11.36
MACD Line 0.67
MACD Signal Line 0.71
MACD Histogram -0.0449
Fundamentals Value
Market Cap 78.88 Billion
Num Shares 2.03 Billion
EPS 0.73
Price-to-Earnings (P/E) Ratio 53.65
Price-to-Sales 1.87
Price-to-Book 1.35
PEG Ratio 4.94
Dividend 2.49
Dividend Yield 6.39%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 39.70
Resistance 3 (R3) 39.70 39.46 39.58
Resistance 2 (R2) 39.46 39.27 39.46 39.53
Resistance 1 (R1) 39.20 39.15 39.33 39.20 39.49
Pivot Point 38.96 38.96 39.02 38.96 38.96
Support 1 (S1) 38.70 38.77 38.83 38.70 38.41
Support 2 (S2) 38.46 38.65 38.46 38.37
Support 3 (S3) 38.20 38.46 38.33
Support 4 (S4) 38.20