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Stock Trend Analysis Report
Prepared for you on Wednesday, May 1, 2024.
Enbridge Inc (TSE:ENB)
Countertrend Up (+85) - ENB is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jan 2nd, 2024 at 48.25
The intermediate-term trend has been UP since Apr 25th, 2024 at 49.10
The short-term trend has been DOWN since May 1st, 2024 at 48.78
Smart Scan Analysis for ENB
Based on our trend formula, ENB is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.90 | 49.26 | 48.59 | 48.99 | +0.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.95 | 6890852 | 2024-05-01 16:15:16 |
| 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 |
| Volatility | 23.27 |