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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 2024-10-28 View latest technical analysis

10 day averaged volume of Enbridge Inc is 2737820

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	40.87	40.75	41.04	40.66	0.92 times
25 Fri Oct 2024	40.94	41.17	41.27	40.80	1.139 times
24 Thu Oct 2024	41.13	41.15	41.48	40.89	1.05 times
23 Wed Oct 2024	41.22	41.25	41.37	41.03	0.97 times
22 Tue Oct 2024	41.45	41.34	41.54	41.21	0.991 times
21 Mon Oct 2024	41.54	41.97	42.16	41.42	1.06 times
18 Fri Oct 2024	41.98	41.77	41.99	41.61	0.869 times
17 Thu Oct 2024	41.84	41.52	42.03	41.48	1.436 times
16 Wed Oct 2024	41.81	41.35	41.85	41.25	0.829 times
15 Tue Oct 2024	41.29	41.00	41.31	40.72	0.952 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 40.8 as stoploss in an intra day buy trade for a target of 41.18. However, stock will show a bearish move below 40.8.

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	40.80
Upside Target	41.04
Upside Target	41.16
Upside Target	41.23
Upside Target	41.35
Upside Target	42.03
Upside Target	42.16

Intraday share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Intraday Target	40.67
Downside Intraday Target	40.48
Upside Intraday Target	41.05
Upside Intraday Target	41.24
Downside Intraday Target	40.86

Weekly technical analysis of Enbridge Inc (ENB)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	40.87	40.75	41.04	40.66	0.177 times
25 Fri Oct 2024	40.94	41.97	42.16	40.80	1.088 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

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
28 Mon Oct 2024	40.87	40.70	42.16	40.37	0.869 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Enbridge Inc in short term but the sell signal is initial and weak.

Enbridge Inc Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

CCI has generated a SELL signal for Enbridge Inc in short term and SELL 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 41.41 and Enbridge Inc (ENB) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.