(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 2024-05-09 View latest technical analysis
10 day averaged volume of Enbridge Inc is 6320890
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 37.36 | 37.33 | 37.54 | 37.30 | 0.782 times |
| 08 Wed May 2024 | 37.23 | 36.68 | 37.54 | 36.60 | 0.924 times |
| 07 Tue May 2024 | 36.83 | 36.83 | 36.92 | 36.73 | 0.7 times |
| 06 Mon May 2024 | 36.67 | 36.56 | 36.79 | 36.54 | 0.636 times |
| 03 Fri May 2024 | 36.34 | 36.67 | 36.94 | 36.27 | 0.666 times |
| 02 Thu May 2024 | 36.42 | 35.89 | 36.47 | 35.75 | 0.809 times |
| 01 Wed May 2024 | 35.59 | 35.57 | 35.91 | 35.30 | 1.2 times |
| 30 Tue Apr 2024 | 35.54 | 35.88 | 35.88 | 35.54 | 1.317 times |
| 29 Mon Apr 2024 | 35.96 | 35.98 | 36.01 | 35.69 | 1.471 times |
| 26 Fri Apr 2024 | 35.82 | 36.25 | 36.35 | 35.77 | 0.694 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 36.7, but if it comes below 36.7, then a intra day sell could be more profitable.
If you take a sell trade below 36.7, then use 36.7 as stoploss and 35.47 as target. However if you take a buy trade in stock , then use 36.7 as stoploss and 38.2 as target.
Share price targets for Enbridge Inc (ENB)
| Target Type | Value |
| Downside Target | 32.86 |
| Downside Target | 33.93 |
| Downside Target | 36.07 |
| Downside Target | 36.35 |
| Downside Target | 36.41 |
| Downside Target | 36.54 |
| Downside Target | 36.94 |
| Downside Target | 37.27 |
| Upside Target | 37.54 |
Intraday share price targets for Enbridge Inc (ENB)
| Target Type | Value |
| Downside Intraday Target | 36.75 |
| Downside Intraday Target | 36.15 |
| Upside Intraday Target | 37.75 |
| Upside Intraday Target | 38.15 |
| Downside Intraday Target | 37.15 |
Weekly technical analysis of Enbridge Inc (ENB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Thu May 2024 | 37.36 | 36.56 | 37.54 | 36.54 | 0.557 times |
| 03 Fri May 2024 | 36.34 | 35.98 | 36.94 | 35.30 | 0.729 times |
| 26 Fri Apr 2024 | 35.82 | 34.91 | 36.35 | 34.63 | 1.192 times |
| 19 Fri Apr 2024 | 34.86 | 34.25 | 34.92 | 32.86 | 1.778 times |
| 12 Fri Apr 2024 | 34.18 | 35.42 | 35.49 | 33.93 | 1.095 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 |
| 09 Thu May 2024 | 37.36 | 35.57 | 37.54 | 35.30 | 0.245 times |
| 30 Tue Apr 2024 | 35.54 | 36.22 | 36.35 | 32.86 | 1.825 times |
| 28 Thu Mar 2024 | 36.18 | 34.42 | 36.41 | 34.37 | 0.545 times |
| 29 Thu Feb 2024 | 34.42 | 35.67 | 36.07 | 33.24 | 1.327 times |
Scroll below to view daily charts
Price has moved up 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 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 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 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 mid to longer 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.
ADX buy sell signal for Enbridge Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Enbridge Inc in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Enbridge Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 36.27 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 positive
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 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 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 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 mid to longer 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.
ADX buy sell signal for Enbridge Inc stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Enbridge Inc in short term and the buy 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Enbridge Inc in short term and BUY signal is strong.
RSI is generating a SELL signal in short term and selling is picking up 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 36.27 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.