Enbridge Inc. technical analysis
Technical analysis of Enbridge Inc. (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.
What is Enbridge Inc.
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Description generated automatically from public sources; it may be inaccurate or out of date.
Enbridge Inc.: latest session data
Closing values for October 21, 2026, computed on the last 12 months of prices.
Moving averages
21 sessions
66.63
+1.29%
50 sessions
68.15
−0.97%
200 sessions
71.09
−5.07%
Session levels
s2
66.14
Support
s1
66.74
Support
pivot
67.10
Pivot
r1
67.70
Resistance
r2
68.06
Resistance
How to read it
In the October 21, 2026 session Enbridge Inc. closed higher at 67.49 , +0.21% versus the previous session.
The price sits mixed against its moving averages: +1.29% against the 21-session average, −0.97% against the 50 and −5.07% against the 200.
The 14-period RSI reads 51.1, in neutral territory.
MACD stands at -0.287 against a signal line at -0.580: the histogram is positive (+0.293).
ADX reads 33.4, indicating a marked directionality.
Levels computed on the latest session place supports at 66.74 and 66.14 and resistances at 67.70 and 68.06 , around a pivot of 67.10.
The average daily range (ATR) is 1.110 , or 1.64% of price.
Turnover was 2M shares, 24% of the 20-session average.
Over the last twelve months the price ranged between 64.86 and 79.56 , and today stands −15.17% from the period high.
Measures computed on closing prices. They describe the past; they are not forecasts.
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How Montbon’s technical analysis works
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.
FAQ about Enbridge Inc.
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.
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