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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 2024-10-21 View latest technical analysis

10 day averaged volume of Enbridge Inc is 2534430

Date	Daily Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	41.54	41.97	42.16	41.42	1.145 times
18 Fri Oct 2024	41.98	41.77	41.99	41.61	0.939 times
17 Thu Oct 2024	41.84	41.52	42.03	41.48	1.551 times
16 Wed Oct 2024	41.81	41.35	41.85	41.25	0.895 times
15 Tue Oct 2024	41.29	41.00	41.31	40.72	1.029 times
14 Mon Oct 2024	41.15	41.00	41.25	40.97	0.758 times
11 Fri Oct 2024	41.07	40.86	41.16	40.82	0.943 times
10 Thu Oct 2024	40.88	40.92	41.07	40.67	0.754 times
09 Wed Oct 2024	40.89	40.46	40.98	40.37	0.851 times
08 Tue Oct 2024	40.61	40.65	40.71	40.38	1.289 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 41.5, but if it comes below 41.5, then a intra day sell could be more profitable.
If you take a sell trade below 41.5, then use 41.5 as stoploss and 41.1 as target. However if you take a buy trade in stock , then use 41.5 as stoploss and 42 as target.

Share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Target	34.60
Downside Target	36.50
Downside Target	37.57
Downside Target	39.66
Downside Target	41.14
Downside Target	41.16
Downside Target	41.23
Downside Target	41.35
Downside Target	41.42
Upside Target	42.03
Upside Target	42.16

Intraday share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Intraday Target	41.25
Downside Intraday Target	40.97
Upside Intraday Target	41.99
Upside Intraday Target	42.45
Upside Intraday Target	41.71

Weekly technical analysis of Enbridge Inc (ENB)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Mon Oct 2024	41.54	41.97	42.16	41.42	0.221 times
18 Fri Oct 2024	41.98	41.00	42.03	40.72	1.072 times
11 Fri Oct 2024	41.07	41.00	41.16	40.37	0.903 times
04 Fri Oct 2024	41.08	40.63	41.35	40.33	1.011 times
27 Fri Sep 2024	40.71	40.60	41.14	40.48	0.775 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
21 Mon Oct 2024	41.54	40.70	42.16	40.37	0.64 times
30 Mon Sep 2024	40.61	39.97	41.23	39.66	0.54 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

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 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 losing momentum.

MACD generated a BUY signal for Enbridge Inc in short term and the buy signal is strong.

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 green color and prices are above the green 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 BUY signal in short term but buying is losing 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 41.33 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.