Enbridge Stock Technical Analysis
| ENB Stock | CAD 64.43 0.57 0.89% |
As of the 31st of January, Enbridge shows the Semi Deviation of 0.4026, downside deviation of 0.7618, and Mean Deviation of 0.6654. Enbridge technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.
Enbridge Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Enbridge, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to EnbridgeEnbridge |
Enbridge technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Enbridge Technical Analysis
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Enbridge volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Enbridge Trend Analysis
Use this graph to draw trend lines for Enbridge. You can use it to identify possible trend reversals for Enbridge as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Enbridge price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.Enbridge Best Fit Change Line
The following chart estimates an ordinary least squares regression model for Enbridge applied against its price change over selected period. The best fit line has a slop of 0.11 , which means Enbridge will continue generating value for investors. It has 122 observation points and a regression sum of squares at 432.21, which is the sum of squared deviations for the predicted Enbridge price change compared to its average price change.About Enbridge Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Enbridge on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Enbridge based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Enbridge price pattern first instead of the macroeconomic environment surrounding Enbridge. By analyzing Enbridge's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Enbridge's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Enbridge specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 | 2025 (projected) | Dividend Yield | 0.0682 | 0.0778 | 0.07 | 0.0735 | Price To Sales Ratio | 2.01 | 2.25 | 2.58 | 2.67 |
Enbridge January 31, 2025 Technical Indicators
Most technical analysis of Enbridge help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Enbridge from various momentum indicators to cycle indicators. When you analyze Enbridge charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.2157 | |||
| Market Risk Adjusted Performance | 0.7602 | |||
| Mean Deviation | 0.6654 | |||
| Semi Deviation | 0.4026 | |||
| Downside Deviation | 0.7618 | |||
| Coefficient Of Variation | 387.46 | |||
| Standard Deviation | 0.8439 | |||
| Variance | 0.7122 | |||
| Information Ratio | 0.1397 | |||
| Jensen Alpha | 0.1829 | |||
| Total Risk Alpha | 0.117 | |||
| Sortino Ratio | 0.1548 | |||
| Treynor Ratio | 0.7502 | |||
| Maximum Drawdown | 3.6 | |||
| Value At Risk | (1.03) | |||
| Potential Upside | 1.69 | |||
| Downside Variance | 0.5804 | |||
| Semi Variance | 0.162 | |||
| Expected Short fall | (0.74) | |||
| Skewness | 0.1956 | |||
| Kurtosis | (0.46) |
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Enbridge. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Enbridge Stock, please use our How to Invest in Enbridge guide.You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.