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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Enbridge Inc (NYSE:ENB)
Long-Term Uptrend (+90) - ENB is in a strong uptrend that is likely to continue. While ENB is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ENB?
MarketClub looks at technical strength and momentum to determine if the timing is right for ENB.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ENB
The long-term trend has been UP since May 2nd, 2024 at 36.41
The intermediate-term trend has been UP since Apr 25th, 2024 at 36.22
The short-term trend has been UP since May 2nd, 2024 at 36.01
Smart Scan Analysis for ENB
Based on our trend formula, ENB is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 36.730 | 37.540 | 36.600 | 37.245 | +0.415 |
| Prev. Close | Volume | Bid | Ask | Time |
| 37.230 | 4931766 | 2024-05-08 15:59:33 |
| Year High | 41.21 | Year High Date | 2018-01-05 |
| Year Low | 29 | Year Low Date | 2018-04-25 |
| 52wk High | 40.22 | 52wk High Date | 2023-05-10 |
| 52wk Low | 31.03 | 52wk Low Date | 2023-10-04 |
| Year End Close | 43.32 | Average Volume | 7,289,496 |
| Shares Outstanding | 2,125,586 | Short Interest | 2,459,751 |
| % Institutional | 76.6 | Market Cap | 70,369M |
| Assets | 180,317,000M | Liabilities | 118,863,000M |
| P/E Ratio | 17.1862 | Beta | 0.46 |
| Volatility | 26.19 |