(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 2024-02-26 View latest technical analysis
10 day averaged volume of Enbridge Inc is 9109890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 34.39 | 34.76 | 34.79 | 34.30 | 1.064 times |
| 23 Fri Feb 2024 | 34.80 | 34.83 | 34.88 | 34.55 | 0.628 times |
| 22 Thu Feb 2024 | 34.90 | 34.79 | 34.95 | 34.59 | 1.453 times |
| 21 Wed Feb 2024 | 34.80 | 34.46 | 34.83 | 34.44 | 0.758 times |
| 20 Tue Feb 2024 | 34.44 | 34.25 | 34.66 | 34.20 | 1.107 times |
| 16 Fri Feb 2024 | 34.42 | 33.97 | 34.50 | 33.96 | 0.605 times |
| 15 Thu Feb 2024 | 34.01 | 33.35 | 34.11 | 33.32 | 0.532 times |
| 14 Wed Feb 2024 | 33.33 | 33.65 | 33.88 | 33.24 | 1.577 times |
| 13 Tue Feb 2024 | 34.19 | 34.76 | 34.85 | 33.86 | 1.557 times |
| 12 Mon Feb 2024 | 34.89 | 34.33 | 35.00 | 34.17 | 1.036 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 34.1 as stoploss in an intra day buy trade for a target of 34.75. However, stock will show a bearish move below 34.1.
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 | 35.00 |
| Upside Target | 35.02 |
| Upside Target | 35.17 |
| Upside Target | 35.46 |
| Upside Target | 36.07 |
| Upside Target | 36.16 |
| Upside Target | 36.52 |
| Upside Target | 37.27 |
Intraday share price targets for Enbridge Inc (ENB)
| Target Type | Value |
| Downside Intraday Target | 34.2 |
| Downside Intraday Target | 34 |
| Upside Intraday Target | 34.69 |
| Upside Intraday Target | 34.98 |
| Upside Intraday Target | 34.49 |
Weekly technical analysis of Enbridge Inc (ENB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Mon Feb 2024 | 34.39 | 34.76 | 34.79 | 34.30 | 0.27 times |
| 23 Fri Feb 2024 | 34.80 | 34.25 | 34.95 | 34.20 | 0.743 times |
| 16 Fri Feb 2024 | 34.42 | 34.33 | 35.00 | 33.24 | 1.651 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 |
Price has moved down 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 |
| 26 Mon Feb 2024 | 34.39 | 35.67 | 36.07 | 33.24 | 1.19 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Enbridge Inc ( (ENB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Enbridge Inc in short term but the buy signal is initial and weak.
Enbridge Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Enbridge Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 34.36 and Enbridge Inc (ENB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Enbridge Inc ( (ENB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Weak and stock is gaining momentum.
MACD generated a BUY signal for Enbridge Inc in short term but the buy signal is initial and weak.
Enbridge Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Enbridge Inc in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 34.36 and Enbridge Inc (ENB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive 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.