Stock Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
Enbridge Inc (TSE:ENB)
Crossroads (+60) - ENB is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for ENB
The long-term trend has been DOWN since Jun 15th, 2022 at 54.67
The intermediate-term trend has been UP since Nov 2nd, 2023 at 45.24
The short-term trend has been UP since Nov 17th, 2023 at 46.30
Smart Scan Analysis for ENB
Based on our trend formula, ENB is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||51.04||Year High Date||2018-01-05|
|Year Low||37.36||Year Low Date||2018-04-25|
|52wk High||51.04||52wk High Date||2018-01-05|
|52wk Low||37.36||52wk Low Date||2018-04-25|
|Year End Close||43.02||Average Volume||4,567,943|