
Technical analysis of Enbridge Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
Enbridge Inc. is a Canadian energy infrastructure company operating through four main segments: liquids pipelines for transporting crude oil and other hydrocarbons, natural gas transmission, natural gas distribution and storage serving residential and commercial customers, and renewable power generation including wind, solar, and geothermal assets in North America.
Description generated automatically from public sources; it may be inaccurate or out of date.
Closing values for September 4, 2026, computed on the last 12 months of prices.
21 sessions
70.08
−1.09%
50 sessions
73.88
−6.18%
200 sessions
70.56
−1.75%
s2
68.97
Support
s1
69.34
Support
pivot
69.71
Pivot
r1
70.08
Resistance
r2
70.45
Resistance
In the September 4, 2026 session Enbridge Inc. closed lower at 69.32 , −0.55% versus the previous session.
The price sits below every moving average observed: −1.09% against the 21-session average, −6.18% against the 50 and −1.75% against the 200.
The 14-period RSI reads 37.6, in neutral territory.
MACD stands at -1.181 against a signal line at -1.389: the histogram is positive (+0.208).
ADX reads 36.8, indicating a marked directionality.
Levels computed on the latest session place supports at 69.34 and 68.97 and resistances at 70.08 and 70.45 , around a pivot of 69.71.
The average daily range (ATR) is 1.165 , or 1.68% of price.
Turnover was 9.9M shares, 84% of the 20-session average.
Over the last twelve months the price ranged between 68.70 and 79.56 , and today stands −12.87% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.
Elliott Waves
Wave counting to frame the price structure.
MTF moving averages
Moving averages across timeframes to read the trend.
0–100 score
A technical summary of the setup, updated daily.
How is Enbridge Inc. analysed technically?
Technical analysis of Enbridge Inc. is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.
Which timeframes are used for Enbridge Inc.?
The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.
What are Elliott Waves applied to Enbridge Inc.?
Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Enbridge Inc. it helps frame the technical structure of the historical chart and is not a forecast.
Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.
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