(ENB) Enbridge Inc complete technical analysis [charts+indicators] | Buy/Sell Enbridge Inc | (ENB) share price targets
Complete technical analysis of Enbridge Inc (ENB) by charts plus indicators, forecast predictions and share price targets for Enbridge Inc (ENB)
Enbridge Inc trades in USA in Energy sector.
Showing technical analysis as on 2024-02-12 View latest technical analysis
10 day averaged volume of Enbridge Inc is 5519350
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 34.89 | 34.33 | 35.00 | 34.17 | 1.711 times |
| 09 Fri Feb 2024 | 34.23 | 34.52 | 34.56 | 33.95 | 1.232 times |
| 08 Thu Feb 2024 | 34.35 | 34.40 | 34.49 | 34.18 | 1.211 times |
| 07 Wed Feb 2024 | 34.42 | 34.71 | 34.83 | 34.35 | 1.121 times |
| 06 Tue Feb 2024 | 34.66 | 34.61 | 34.92 | 34.51 | 0.606 times |
| 05 Mon Feb 2024 | 34.58 | 35.16 | 35.17 | 34.55 | 1.135 times |
| 02 Fri Feb 2024 | 35.30 | 35.67 | 35.72 | 35.02 | 0.923 times |
| 01 Thu Feb 2024 | 35.86 | 35.67 | 36.07 | 35.55 | 0.808 times |
| 31 Wed Jan 2024 | 35.50 | 36.00 | 36.16 | 35.46 | 0.976 times |
| 30 Tue Jan 2024 | 35.98 | 35.84 | 36.09 | 35.68 | 1.247 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 34.8 as stoploss in an intra day buy trade for a target of 35.45. However, stock will show a bearish move below 34.8.
Share price targets for Enbridge Inc (ENB)
| Target Type | Value |
| Downside Target | 31.03 |
| Downside Target | 31.94 |
| Downside Target | 33.24 |
| Downside Target | 33.95 |
| Upside Target | 35.46 |
| Upside Target | 35.64 |
| Upside Target | 36.07 |
| Upside Target | 36.13 |
| Upside Target | 36.16 |
| Upside Target | 36.52 |
| Upside Target | 37.15 |
| Upside Target | 37.27 |
Intraday share price targets for Enbridge Inc (ENB)
| Target Type | Value |
| Downside Intraday Target | 34.37 |
| Downside Intraday Target | 33.86 |
| Upside Intraday Target | 35.2 |
| Upside Intraday Target | 35.52 |
| Downside Intraday Target | 34.69 |
Weekly technical analysis of Enbridge Inc (ENB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 34.89 | 34.33 | 35.00 | 34.17 | 0.322 times |
| 09 Fri Feb 2024 | 34.23 | 35.16 | 35.17 | 33.95 | 1.13 times |
| 02 Fri Feb 2024 | 35.30 | 35.91 | 36.16 | 35.02 | 0.805 times |
| 26 Fri Jan 2024 | 35.91 | 35.99 | 36.13 | 35.46 | 1.311 times |
| 19 Fri Jan 2024 | 35.98 | 36.75 | 37.15 | 35.64 | 8.588 times |
Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Enbridge Inc (ENB)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 12 Mon Feb 2024 | 34.89 | 35.67 | 36.07 | 33.95 | 0.433 times |
| 31 Wed Jan 2024 | 35.50 | 36.03 | 37.27 | 35.46 | 1.129 times |
| 29 Fri Dec 2023 | 36.02 | 34.87 | 36.52 | 34.44 | 0.738 times |
| 30 Thu Nov 2023 | 34.87 | 32.18 | 34.96 | 31.94 | 1.042 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Enbridge Inc (ENB)
Price action analysis of Enbridge Inc ( (ENB) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Enbridge Inc ( (ENB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Enbridge Inc ( (ENB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Enbridge Inc ( (ENB) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Enbridge Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Enbridge Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Enbridge Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Enbridge Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Enbridge Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 34.95 and Enbridge Inc (ENB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Enbridge Inc (ENB) stock. Volume based technical analysis of Enbridge Inc (ENB) stock is negative.
Enbridge Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Enbridge Inc ( (ENB) ) based on a short term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Enbridge Inc ( (ENB) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Enbridge Inc ( (ENB) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Enbridge Inc ( (ENB) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Enbridge Inc stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Enbridge Inc in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Enbridge Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Enbridge Inc in short term but BUY signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Enbridge Inc is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 34.95 and Enbridge Inc (ENB) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Enbridge Inc (ENB) stock. Volume based technical analysis of Enbridge Inc (ENB) stock is negative.
Enbridge Inc Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.