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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 2024-12-23 View latest technical analysis

10 day averaged volume of Enbridge Inc is 3768257

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	41.80	41.31	41.81	41.01	0.684 times
20 Fri Dec 2024	41.37	40.55	41.42	40.35	1.035 times
19 Thu Dec 2024	40.71	40.73	41.13	40.46	1.193 times
18 Wed Dec 2024	40.50	41.35	41.35	40.50	1.167 times
17 Tue Dec 2024	41.40	41.26	41.52	41.10	0.672 times
16 Mon Dec 2024	41.53	41.89	41.92	41.38	0.891 times
13 Fri Dec 2024	41.91	42.05	42.10	41.74	0.617 times
12 Thu Dec 2024	42.05	42.31	42.32	41.95	1.152 times
11 Wed Dec 2024	42.34	42.48	42.73	42.27	1.234 times
10 Tue Dec 2024	42.31	42.45	42.53	42.13	0.691 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 41.4 as stoploss in an intra day buy trade for a target of 42.37. However, stock will show a bearish move below 41.4.

Share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Target	36.50
Downside Target	39.66
Upside Target	41.92
Upside Target	42.16
Upside Target	42.31
Upside Target	42.86
Upside Target	43.49
Upside Target	43.51
Upside Target	43.70
Upside Target	44.01

Intraday share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Intraday Target	41.27
Downside Intraday Target	40.74
Upside Intraday Target	42.07
Upside Intraday Target	42.34
Downside Intraday Target	41.54

Weekly technical analysis of Enbridge Inc (ENB)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Dec 2024	41.80	41.31	41.81	41.01	0.138 times
20 Fri Dec 2024	41.37	41.89	41.92	40.35	0.984 times
13 Fri Dec 2024	41.91	43.33	43.51	41.74	17.687 times
05 Thu Dec 2024	43.94	43.65	44.01	43.49	0.236 times
26 Tue Nov 2024	42.70	42.70	42.86	42.31	0.367 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
23 Mon Dec 2024	41.80	43.65	44.01	40.35	0.469 times
26 Tue Nov 2024	42.70	40.78	43.70	39.84	1.377 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

Scroll below to view daily charts

Price has moved down 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 SELL signal in short term but selling 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 41.54 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 positive

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