Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ENB) Enbridge Inc complete technical analysis [charts+indicators] | Buy/Sell Enbridge Inc | (ENB) share price targets

Complete technical analysis of Enbridge Inc (ENB) by charts plus indicators, forecast predictions and share price targets for Enbridge Inc (ENB)

Enbridge Inc trades in USA in Energy sector.

Showing technical analysis as on 2024-08-05 View latest technical analysis

10 day averaged volume of Enbridge Inc is 4861820

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	37.30	36.75	37.69	36.50	1.229 times
02 Fri Aug 2024	37.96	37.29	37.97	37.14	1.909 times
01 Thu Aug 2024	37.60	37.49	37.64	37.21	1.191 times
31 Wed Jul 2024	37.42	37.42	37.57	37.25	0.906 times
30 Tue Jul 2024	37.21	36.71	37.29	36.69	1.031 times
29 Mon Jul 2024	36.68	36.74	36.86	36.57	0.64 times
26 Fri Jul 2024	36.66	36.54	36.79	36.38	0.63 times
25 Thu Jul 2024	36.33	36.53	36.71	36.32	0.628 times
24 Wed Jul 2024	36.57	36.45	36.79	36.37	0.741 times
23 Tue Jul 2024	36.46	36.72	36.75	36.43	0.959 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 37.2, but if it comes below 37.2, then a intra day sell could be more profitable.
If you take a sell trade below 37.2, then use 37.2 as stoploss and 36.54 as target. However if you take a buy trade in stock , then use 37.2 as stoploss and 38 as target.

Share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Target	32.86
Downside Target	34.60
Downside Target	36.57
Downside Target	36.60
Downside Target	36.69
Downside Target	36.83
Upside Target	37.57
Upside Target	37.69
Upside Target	37.97
Upside Target	38.37

Intraday share price targets for Enbridge Inc (ENB)

Target Type	Value
Downside Intraday Target	36.64
Downside Intraday Target	35.97
Upside Intraday Target	37.83
Upside Intraday Target	38.35
Downside Intraday Target	37.16

Weekly technical analysis of Enbridge Inc (ENB)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	37.30	36.75	37.69	36.50	0.216 times
02 Fri Aug 2024	37.96	36.74	37.97	36.57	1.313 times
26 Fri Jul 2024	36.66	36.62	36.83	36.32	0.915 times
19 Fri Jul 2024	36.54	36.20	36.69	35.68	1.569 times
12 Fri Jul 2024	36.10	35.61	36.20	35.10	2.83 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Enbridge Inc (ENB)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	37.30	37.49	37.97	36.50	0.242 times
31 Wed Jul 2024	37.42	35.66	37.57	35.10	0.892 times
28 Fri Jun 2024	35.59	36.34	36.60	34.60	0.76 times
31 Fri May 2024	36.58	35.57	38.37	35.30	0.869 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Enbridge Inc (ENB)

Price action analysis of Enbridge Inc ( (ENB) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Enbridge Inc ( (ENB) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Enbridge Inc ( (ENB) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Enbridge Inc ( (ENB) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Enbridge Inc stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Enbridge Inc in short term and the buy signal is strong.

Enbridge Inc Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Enbridge Inc in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Enbridge Inc is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 37.19 and Enbridge Inc (ENB) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Enbridge Inc (ENB) stock. Volume based technical analysis of Enbridge Inc (ENB) stock is negative.

Enbridge Inc Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.