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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.

TSE_ENB
Open High Low ENB Price Change
47.79 47.88 47.39 47.39 -0.29
Entry Signal

MarketClub’s Trade Triangles for ENB

long term down The long-term trend has been DOWN since Jun 15th, 2022 at 54.67

intermediate term up The intermediate-term trend has been UP since Nov 2nd, 2023 at 45.24

short term up 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).

+60
Smart Scan Analysis for ENB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.79 47.88 47.39 47.39 -0.29
Prev. Close Volume Bid Ask Time
47.37 2167237 2023-12-06 15:59:08
Year High51.04Year High Date2018-01-05
Year Low37.36Year Low Date2018-04-25
52wk High51.0452wk High Date2018-01-05
52wk Low37.3652wk Low Date2018-04-25
Year End Close43.02Average Volume4,567,943
Volatility23.27
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