Stock Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Enbridge Inc (TSE:ENB)
Sidelines Mode (-55) - ENB is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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 Feb 28th, 2020 at 48.09
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 53.75
The short-term trend has been UP since Apr 6th, 2020 at 41.20
Smart Scan Analysis for ENB
Based on our trend formula, ENB is rated as a -55 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|