Stock Trend Analysis Report
Prepared for you on Tuesday, December 6, 2022.
Enbridge Inc (TSE:ENB)
Bear Market Rally (-75) - ENB is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ENB as it may be in the beginning of a reversal.
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 Oct 31st, 2022 at 53.34
The short-term trend has been DOWN since Nov 30th, 2022 at 55.27
Smart Scan Analysis for ENB
Based on our trend formula, ENB is rated as a -75 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|