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(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 2024-09-16 View latest technical analysis

10 day averaged volume of Enbridge Inc is 3169463

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	41.18	40.89	41.21	40.85	1.244 times
13 Fri Sep 2024	40.73	40.49	40.79	40.48	0.822 times
12 Thu Sep 2024	40.49	40.38	40.51	40.22	0.736 times
11 Wed Sep 2024	40.24	40.22	40.28	39.76	0.891 times
10 Tue Sep 2024	40.26	40.80	40.83	40.04	0.94 times
09 Mon Sep 2024	40.79	40.48	40.81	40.44	0.862 times
06 Fri Sep 2024	40.39	40.39	40.76	40.20	1.122 times
05 Thu Sep 2024	40.45	40.54	40.81	40.42	1.081 times
04 Wed Sep 2024	40.41	40.20	40.67	40.18	0.954 times
03 Tue Sep 2024	40.20	39.97	40.33	39.66	1.089 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 41.4, for a target of 40.6 or 40.04

Share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Target	34.60
Downside Target	36.50
Downside Target	37.57
Downside Target	38.37
Downside Target	39.27
Downside Target	40.32
Downside Target	40.81
Downside Target	40.83
Downside Target	40.85
Upside Target	41.21

Intraday share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Intraday Target	40.95
Downside Intraday Target	40.72
Upside Intraday Target	41.31
Upside Intraday Target	41.44
Downside Intraday Target	41.08

Weekly technical analysis of Enbridge Inc (ENB)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Sep 2024	41.18	40.89	41.21	40.85	0.293 times
13 Fri Sep 2024	40.73	40.48	40.83	39.76	1.001 times
06 Fri Sep 2024	40.39	39.97	40.81	39.66	2.823 times
30 Fri Aug 2024	40.18	39.61	40.32	39.42	0.308 times
30 Fri Aug 2024	40.18	39.79	40.32	39.27	0.546 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
16 Mon Sep 2024	41.18	39.97	41.21	39.66	0.275 times
30 Fri Aug 2024	40.18	37.49	40.32	36.50	1.292 times
31 Wed Jul 2024	37.42	35.66	37.57	35.10	0.892 times
28 Fri Jun 2024	35.59	36.34	36.60	34.60	0.76 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY signal in short term and the buying is gaining 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 40.52 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.