ENB NYSE |
Enbridge Inc • Oil/Gas Midstream |
Wed 20 Nov, close | |
Breakout tradeWATCH for possible breakout above 42.89
Target: 44.8, 4.7% Stop: 42.14 Loss: 1.5%
P/L ratio: 3.1 : 1 - Excellent
Default chart
Quote 42.79 -0.19,-0.4% L 42.43 O 42.92 H 42.98 Volume 3.05mil -27% typical 52 Wk 32.9 to 43.1 Earnings recent Nov 01 pMkt Link PEG 8.3 P/E 19.8 Short 1.13%Div 6.16% EPS 2.16Mkt Cap 129.99B |
1d 3d 5d 10d 1Y 5Y 5d 30 Min | |
|
|
|
https://stockconsultant.com/?ENB share page link Default zoom
125% rec
Colors Mouse over for values
Top ˄Wed 20 Nov, close
8 Month Detailed Chart
100%
Scale +/-0(min) to 10(max)
QUOTE
42.79, -0.19 pts (-0.4%), Wed 20 Nov, close
down from yesterday's close.
Today's
L 42.43 O 42.92 H 42.98Typical price range:
42.55 to
43.41 ± 0.428 pts, ± 1%
Extreme price range (85% of time)
42.12 to
43.84 ± 0.856 pts, ± 2%
VOLUME
3.05mil shares, -27% compared to typical daily volume over the past 6 months.
Typical daily volume is 4.18mil shares over the past 6 months.
RALLIES/PULLBACKS** Current price area
Typical: 2.59 pts (6.1%) occurs 25% of the time.
Extreme: 3.37 pts (7.9%) occurs 5% of the time.
A summary of bullish and bearish indicators. | |
BULLISH
[Timing] Strong bullish 3 day candlestick pattern.
[Timing] breakout watch above 42.89, no resistance in area just above.
BEARISH
[Positioning] Intermediate trend bearish, Unsustainable uptrend, may turn sideways.
[Positioning] at resistance
Indicators for positioning trade entry and exits.
1 DAY PRICE CHANGE
down (-0.19 pts, -0.4%) from yesterday's close.
SHORT TERM DIRECTION
OVERBOUGHT/SOLD
Near Overbought, odds slightly favor short trades.
1 MONTH TREND
INTERMEDIATE TREND** Past 4 months
bearish, Unsustainable uptrend, may turn sideways.
SUPPORT/RESISTANCE
42.79, at resistance,
42.47 ± 0.425
type single,
strength 1
Support Below : -2.5% at
41.73 ± 0.417
type single,
strength 1
Resistance Above : None.
Indicators for timing trade entry and exits.
Over 120 three day candlestick chart patterns analyzed.
3 DAY CANDLESTICK
Strong bullish 3 day candlestick pattern.
Not significant 3 day accumulation
Days Back
Strong Bullish
Mild Bullish
Neutral
Mild Bearish
Strong Bearish
0
5
10
15
25
3 Day Candlestick (over last 25 days)
3 Day Candlestick (2 day avg)
MONEYFLOW
Not significant bearish 1 day moneyflow,
BREAKOUT
WATCH for possible breakout above 42.89, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target:
44.8, 4.7% Stop: 42.14
Loss: 1.5%
P/L ratio: 3.1 : 1 - Excellent
BREAKDOWN
None.
Support and Resistance Areas
Over the past 8 months.
Type/Strength Help
CURRENT PRICE
42.79, at resistance,
42.47 ± 0.425
type single,
strength 1
SUPPORT BELOW
-2.5% at 41.73 ± 0.417 type single,
strength 1
-4.7% at 40.79 ± 0.408 type triple+,
strength 10
-6.1% at 40.19 ± 0.402 type single,
strength 1
...
RESISTANCE ABOVE
None.
0%
Trade Quality
Long
TARGET 1
Price:
44.24 Profit:
3.4% (Typical rally)
Stop/Trailing Stop: 42.14 Loss: 1.5%
P/L Ratio: 2.3 : 1 - Fair
POTENTIAL
Excellent, there are 1 resistance areas on the way to Target 1.
When there are few resistance areas, stocks may quickly rise to targets.
TARGET 1 RESISTANCE
Current price at resistance:
42.47 ± 0.425
type single,
strength 1
+3.4% at 44.24 is Target 1
TARGET 2
Price:
45.01 Profit:
5.2% P/L Ratio: 3.5 : 1 - Good
(Extreme rally)
Breakout trade indicators.
Breakout Tip
BREAKOUT
WATCH for possible breakout above 42.89, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target:
44.8, 4.7% Stop: 42.14
Loss: 1.5%
P/L ratio: 3.1 : 1 - Excellent
70%
Trade Quality
Short
TARGET 1
Price:
40.19 Profit:
6.1% (Typical pullback)
Cover/Trailing Cover: 43.31 Loss: 1.2%
P/L Ratio: 5.1 : 1 - Excellent
POTENTIAL
Fair, there are 2 support areas on the way to Target 1.
The potential to reach targets may be lower with strong support areas.
TARGET 1 SUPPORT
-2.5% at
41.73 ± 0.417
type single,
strength 1
-4.7% at
40.79 ± 0.408
type triple+,
strength 10
-6.1% at 40.19 is Target 1
TARGET 2
Price:
39.24 Profit:
8.3% P/L Ratio: 6.9 : 1 - Excellent
(Extreme pullback)
Breakdown trade indicators.