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Stock Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
Enbridge Inc (NYSE:ENB)
Strong Downtrend (-100) - ENB is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ENB continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 15th, 2022 at 42.020
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 36.110
The short-term trend has been DOWN since Sep 21st, 2023 at 34.735
Smart Scan Analysis for ENB
Based on our trend formula, ENB is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 34.86 | 34.96 | 34.43 | 34.51 | -0.44 |
| Prev. Close | Volume | Bid | Ask | Time |
| 34.95 | 1274377 | 2023-09-21 12:15:12 |
| Year High | 41.21 | Year High Date | 2018-01-05 |
| Year Low | 29 | Year Low Date | 2018-04-25 |
| 52wk High | 42.12 | 52wk High Date | 2022-11-25 |
| 52wk Low | 32.9 | 52wk Low Date | 2023-09-06 |
| Year End Close | 43.32 | Average Volume | 6,890,339 |
| Shares Outstanding | 2,022,661 | Short Interest | 2,459,751 |
| % Institutional | 76.6 | Market Cap | 70,369M |
| Assets | 177,070,000M | Liabilities | 115,531,000M |
| P/E Ratio | 40.1263 | Beta | 0.46 |
| Volatility | 26.19 |