Enbridge Technical Analysis

Enbridge Inc -- Canada Stock  

CAD 50.42  1.33  2.57%

Enbridge Inc shows Semi Deviation of 0.9785, Mean Deviation of 0.5623 and Downside Deviation of 1.04. Enbridge Inc technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm future prices. In plain English you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum or the prices will eventually revert. We found nineteen technical drivers for Enbridge Inc which can be compared to its rivals. Please confirm Enbridge Inc Jensen Alpha, Semi Variance and the relationship between Standard Deviation and Value At Risk to decide if Enbridge Inc is priced favorably providing market reflects its regular price of 50.42 per share.
Investment Horizon     30 Days    Login   to change

Enbridge Inc Trend Analysis

Use this graph to draw trend lines for Enbridge Inc. 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 Inc applied against its price change over selected period. The best fit line has a slop of 0.001029 % which means Enbridge Inc will continue generating value for investors. It has 34 observation points and a regression sum of squares at 0.0, which is the sum of squared deviations for the predicted Enbridge price change compared to its average price change.

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Enbridge Inc is rated below average in mean deviation category among related companies. It is rated below average in standard deviation category among related companies creating about  1.39  of Standard Deviation per Mean Deviation. The ratio of Standard Deviation to Mean Deviation for Enbridge Inc is roughly  1.39