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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 2024-11-06 View latest technical analysis

10 day averaged volume of Enbridge Inc is 3815290

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	41.53	41.35	41.60	41.13	1.566 times
05 Tue Nov 2024	41.05	41.10	41.10	40.62	1.282 times
04 Mon Nov 2024	40.83	40.55	41.05	40.52	1.542 times
01 Fri Nov 2024	40.42	40.78	40.89	39.84	1.284 times
31 Thu Oct 2024	40.40	40.53	40.70	40.31	1.606 times
30 Wed Oct 2024	40.59	40.45	40.64	40.24	0.621 times
29 Tue Oct 2024	40.40	40.87	40.87	40.12	0.736 times
28 Mon Oct 2024	40.87	40.75	41.04	40.66	0.66 times
25 Fri Oct 2024	40.94	41.17	41.27	40.80	0.818 times
24 Thu Oct 2024	41.13	41.15	41.48	40.89	0.754 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 41.6 as stoploss in an intra day sell trade for a target of 41.12. However, stock will show a bullish move above 41.6.

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
Downside Target	41.04
Downside Target	41.16
Downside Target	41.23
Upside Target	41.60
Upside Target	42.03
Upside Target	42.16

Intraday share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Intraday Target	40.83
Downside Intraday Target	40.14
Upside Intraday Target	41.91
Upside Intraday Target	42.3
Downside Intraday Target	41.22

Weekly technical analysis of Enbridge Inc (ENB)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	41.53	40.55	41.60	40.52	0.894 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
06 Wed Nov 2024	41.53	40.78	41.60	39.84	0.338 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 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 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 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.

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 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 40.83 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.