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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 2024-11-04 View latest technical analysis

10 day averaged volume of Enbridge Inc is 3299700

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	40.83	40.55	41.05	40.52	1.783 times
01 Fri Nov 2024	40.42	40.78	40.89	39.84	1.485 times
31 Thu Oct 2024	40.40	40.53	40.70	40.31	1.858 times
30 Wed Oct 2024	40.59	40.45	40.64	40.24	0.719 times
29 Tue Oct 2024	40.40	40.87	40.87	40.12	0.852 times
28 Mon Oct 2024	40.87	40.75	41.04	40.66	0.763 times
25 Fri Oct 2024	40.94	41.17	41.27	40.80	0.945 times
24 Thu Oct 2024	41.13	41.15	41.48	40.89	0.872 times
23 Wed Oct 2024	41.22	41.25	41.37	41.03	0.805 times
22 Tue Oct 2024	41.45	41.34	41.54	41.21	0.823 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 40.6 as stoploss in an intra day buy trade for a target of 41.07. However, stock will show a bearish move below 40.6.

Share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Target	35.10
Downside Target	36.50
Downside Target	37.57
Downside Target	39.66
Upside Target	41.04
Upside Target	41.05
Upside Target	41.16
Upside Target	41.23
Upside Target	42.03
Upside Target	42.16

Intraday share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Intraday Target	40.55
Downside Intraday Target	40.27
Upside Intraday Target	41.08
Upside Intraday Target	41.33
Downside Intraday Target	40.8

Weekly technical analysis of Enbridge Inc (ENB)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	40.83	40.55	41.05	40.52	0.314 times
01 Fri Nov 2024	40.42	40.75	41.04	39.84	1.313 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

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
04 Mon Nov 2024	40.83	40.78	41.05	39.84	0.169 times
31 Thu Oct 2024	40.40	40.70	42.16	40.12	1.055 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

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 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 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 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 Strong 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Enbridge Inc in short term but BUY signal is weak.

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

Stock of Enbridge Inc is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 40.76 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 negative.

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