(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 2024-06-05 View latest technical analysis
10 day averaged volume of Enbridge Inc is 5057850
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 36.28 | 36.19 | 36.31 | 36.07 | 0.963 times |
| 04 Tue Jun 2024 | 36.03 | 36.23 | 36.27 | 35.83 | 0.96 times |
| 03 Mon Jun 2024 | 36.43 | 36.34 | 36.60 | 36.33 | 0.951 times |
| 31 Fri May 2024 | 36.58 | 35.97 | 36.62 | 35.74 | 1.059 times |
| 30 Thu May 2024 | 35.76 | 35.79 | 36.02 | 35.65 | 0.678 times |
| 29 Wed May 2024 | 35.68 | 36.00 | 36.00 | 35.60 | 0.653 times |
| 28 Tue May 2024 | 36.11 | 36.27 | 36.37 | 36.00 | 0.891 times |
| 24 Fri May 2024 | 36.24 | 36.16 | 36.37 | 36.11 | 0.604 times |
| 23 Thu May 2024 | 35.97 | 36.68 | 36.77 | 35.89 | 1.342 times |
| 22 Wed May 2024 | 36.61 | 36.67 | 36.83 | 36.50 | 1.305 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 36.1 as stoploss in an intra day buy trade for a target of 36.65. However, stock will show a bearish move below 36.1.
Share price targets for Enbridge Inc (ENB)
| Target Type | Value |
| Downside Target | 32.86 |
| Downside Target | 34.37 |
| Downside Target | 35.30 |
| Upside Target | 36.60 |
| Upside Target | 36.61 |
| Upside Target | 36.62 |
| Upside Target | 36.94 |
| Upside Target | 38.11 |
| Upside Target | 38.37 |
Intraday share price targets for Enbridge Inc (ENB)
| Target Type | Value |
| Downside Intraday Target | 35.87 |
| Downside Intraday Target | 35.47 |
| Upside Intraday Target | 36.64 |
| Upside Intraday Target | 37.01 |
| Downside Intraday Target | 36.24 |
Weekly technical analysis of Enbridge Inc (ENB)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Wed Jun 2024 | 36.28 | 36.34 | 36.60 | 35.83 | 0.876 times |
| 31 Fri May 2024 | 36.58 | 36.27 | 36.62 | 35.60 | 0.614 times |
| 24 Fri May 2024 | 36.24 | 36.75 | 36.94 | 35.89 | 0.65 times |
| 17 Fri May 2024 | 36.75 | 38.08 | 38.11 | 36.61 | 1.591 times |
| 10 Fri May 2024 | 37.80 | 36.56 | 38.37 | 36.54 | 0.756 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 |
| 05 Wed Jun 2024 | 36.28 | 36.34 | 36.60 | 35.83 | 0.113 times |
| 31 Fri May 2024 | 36.58 | 35.57 | 38.37 | 35.30 | 0.869 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 |
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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Enbridge Inc in short term but the sell signal is initial and weak.
Enbridge Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 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 36.21 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Enbridge Inc in short term but the sell signal is initial and weak.
Enbridge Inc Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are in or below 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 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 36.21 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 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.