ENB Enbridge Inc.
Trend channel, buy level and 3-month target. Information only, not financial advice.
Below the channel · 3-year channel rising
Closed below support (US$57.61). Treat the buy level with caution.
- 3-year channel
- US$57.61 – US$61.11 · rising, +26% a year
- Price in channel
- −233% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$61.11
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -20% from US$57.3922 May 2026 → 5 Oct 2026
- Whose problem it was
- This company0 of 3 Oil & Gas Midstream peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 33%of what it lost
- What the record says
- 91% of 914 comparable falls came back, typically in 60 days measured across every stock we hold history for, its peer group being too small
Fell -20% (22 May 2026 → 5 Oct 2026); regained 33% so far; company-specific.
Reported at the time: Enbridge Seeks Noteholder Approval To Exchange Enbridge Pipelines Debt Notes For New Enbridge-Issued Notes — 25 May 2026
Price history, with the path projected 3 months forward
Updated 4:04 AM ET (7 h ago)
- Daily close
- Upper trend line (3 years)
- Lower trend line (3 years)
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy now
US$49.45
last close · 30 Oct 2026
Our target
US$54.44
by 14 Dec 2026
Projected move
10.1%
gross, before costs
Last close is our buy.
Target: ENB's usual move size.
This move size: reached in 41% of 12 past stretches, typically in 43 days. (0.23% per day)
- Upper line touches
- 10
- Lower line touches
- 7
- Fit confidence
- 55%
- Fitted
- 1 Nov 2026
Company information
About Enbridge Inc.
Enbridge Inc., together with its subsidiaries, operates as an energy infrastructure company. The company operates through four segments: Liquids Pipelines, Gas Transmission, Gas Distribution and Storage, and Renewable Power Generation. The Liquids Pipelines segment operates pipelines and related terminals to transport, store, and export various grades of crude oil and other liquid hydrocarbons in Canada and the United States. This segment also provides physical commodity marketing and logistical services, and crude oil marketing services. The Gas Transmission segment invests in natural gas pipelines and gathering and processing facilities in Canada and the United States. The Gas Distribution and Storage segment is involved in natural gas utility operations serving residential, commercial, and industrial customers in Ontario, as well as natural gas distribution activities in Quebec. The Renewable Power Generation segment operates wind, solar, geothermal, waste heat recovery, and transmission assets in North America. The company was formerly known as IPL Energy Inc. and changed its name to Enbridge Inc. in October 1998. Enbridge Inc. was founded in 1949 and is headquartered in Calgary, Canada.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- CEO
- Gregory L. Ebel
- Employees
- 14,800
- Country
- CA
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- —
- Profitability
- —
- Financial health
- —
- Cash generation
- —
Key statistics
- Market cap
- US$107.01B
- Enterprise value
- —
- Beta
- 0.80
- Avg volume
- 4.66M
- Revenue per share
- —
- Dividend yield
- —
- 52-week range
- 45.03-58.45
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- —
- PEG
- —
- Price / sales
- —
- Price / book
- —
- EV / EBITDA
- —
- Gross margin
- —
- Operating margin
- —
- Net margin
- —
- Current ratio
- —
- Quick ratio
- —
- Debt / equity
- —
- Interest cover
- —
Income statement
Balance sheet
Cash flow
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.