ENBRIDGE INC. (ENB.TO)

Enbridge has advanced 49 positions over the past quarter to rank 49th in the SIA S&P/TSX Composite Index Report, supported by an 8/10 SIA SMAX score and a bullish double-top signal. While the stock trailed its benchmark during the past month, its quarterly and year-to-date returns remained ahead of the S&P/TSX Capped Composite Index Fund. With the Energy sector also improving within the Neutral zone, the stock’s support and resistance levels may provide useful context for assessing whether this relative strength can be maintained.

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