Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Enbridge Inc (NYSE:ENB)

Bear Market Rally (-75) - ENB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ENB as it may be in the beginning of a reversal.

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.

NYSE_ENB
Open High Low ENB Price Change
33.990 34.855 33.920 34.610 +0.710
Entry Signal

MarketClub’s Trade Triangles for ENB

long term down The long-term trend has been DOWN since Apr 16th, 2024 at 33.2415

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 35.3500

short term up The short-term trend has been UP since Apr 19th, 2024 at 33.9500

Smart Scan Analysis for ENB

Based on our trend formula, ENB is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ENB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
33.990 34.855 33.920 34.610 +0.710
Prev. Close Volume Bid Ask Time
33.900 2728033 2024-04-19 11:55:48
Year High41.21Year High Date2018-01-05
Year Low29Year Low Date2018-04-25
52wk High40.352wk High Date2023-05-08
52wk Low31.0352wk Low Date2023-10-04
Year End Close43.32Average Volume4,754,670
Shares Outstanding2,125,586Short Interest2,459,751
% Institutional76.6Market Cap70,369M
Assets180,317,000MLiabilities118,863,000M
P/E Ratio15.8189Beta0.46
Volatility26.19
Get a free daily analysis and signals for Enbridge Inc (ENB) - Request Your Free Report.