ENB
Enbridge Inc. Energy - Oil & Gas Midstream Investor Relations →
Enbridge Inc. (ENB) closed at $54.83 as of 2026-05-01, trading 45.8% above its 200-week moving average of $37.60. The stock moved further from the line this week, up from 42.2% last week. With a 14-week RSI of 71, ENB is in overbought territory.
Trading volume is running at 0.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.97 ratio) is neutral — neither side is clearly dominating.
Over the past 2150 weeks of data, ENB has crossed below its 200-week moving average 21 times. On average, these episodes lasted 11 weeks. Historically, investors who bought ENB at the start of these episodes saw an average one-year return of +15.3%.
With a market cap of $119.7 billion, ENB is a large-cap stock. Free cash flow yield is currently negative, meaning the company is burning cash. Return on equity stands at 11.6%. The stock trades at 3.0x book value.
Share count has increased 7.8% over three years, indicating dilution.
Over the past 33.3 years, a hypothetical investment of $100 in ENB would have grown to $12390, compared to $2973 for the S&P 500. That represents an annualized return of 15.6% vs 10.7% for the index — confirming ENB as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -21.5% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: ENB vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After ENB Crosses Below the Line?
Across 21 historical episodes, buying ENB when it crossed below its 200-week moving average produced an average return of +15.2% after 12 months (median +7.0%), compared to +19.8% for the S&P 500 over the same periods. 71% of those episodes were profitable after one year. After 24 months, the average return was +34.2% vs +40.0% for the index.
Each line shows $100 invested at the moment ENB crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
ENB has crossed below its 200-week MA 21 times with an average 1-year return of +15.3% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1992 | Mar 1993 | 51 | 16.0% | +11.7% | +12279.5% |
| Oct 2008 | Oct 2008 | 3 | 5.8% | +42.7% | +727.1% |
| Nov 2008 | Dec 2008 | 3 | 9.9% | +50.0% | +755.9% |
| Jan 2009 | Jan 2009 | 1 | 0.8% | +43.3% | +667.2% |
| Feb 2009 | May 2009 | 12 | 12.2% | +54.1% | +713.4% |
| Aug 2015 | Oct 2015 | 7 | 7.1% | +9.4% | +150.0% |
| Nov 2015 | Apr 2016 | 24 | 27.0% | +10.4% | +154.8% |
| May 2016 | May 2016 | 4 | 4.1% | +9.7% | +146.9% |
| Jul 2016 | Jul 2016 | 1 | 1.7% | +8.4% | +139.0% |
| Aug 2016 | Aug 2016 | 1 | 1.6% | +5.5% | +137.9% |
| Nov 2016 | Nov 2016 | 1 | 0.7% | -6.5% | +133.6% |
| May 2017 | Jul 2017 | 9 | 3.5% | -11.3% | +132.7% |
| Aug 2017 | Aug 2017 | 2 | 2.0% | -3.8% | +133.6% |
| Oct 2017 | Jan 2018 | 11 | 12.0% | -13.1% | +131.7% |
| Jan 2018 | Jan 2019 | 54 | 22.5% | -5.3% | +128.2% |
| Feb 2019 | Feb 2019 | 1 | 0.6% | +25.3% | +142.9% |
| Jun 2019 | Jun 2019 | 1 | 0.5% | -4.1% | +144.8% |
| Jul 2019 | Sep 2019 | 6 | 4.3% | -0.8% | +151.2% |
| Mar 2020 | Aug 2020 | 23 | 25.0% | +27.0% | +160.8% |
| Aug 2020 | Nov 2020 | 12 | 14.7% | +36.4% | +146.3% |
| Sep 2023 | Nov 2023 | 7 | 6.0% | +32.1% | +91.4% |
| Average | 11 | — | +15.3% | — |
Frequently Asked Questions
Is ENB below its 200-week moving average?
No. Enbridge Inc. (ENB) is currently 45.8% above its 200-week moving average of $37.60. It would need to fall to $37.60 to cross below the line.
What is ENB's 200-week moving average price?
Enbridge Inc.'s 200-week moving average is $37.60 as of 2026-05-01. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when ENB drops below its 200-week moving average?
ENB has crossed below its 200-week moving average 21 times in our data. On average, buying at that moment produced a one-year return of +15.3%. These dips have historically been decent entry points. These episodes lasted 11 weeks on average.
Is ENB a good value right now?
Here's what our data says about ENB as of 2026-05-01: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 71 (overbought). Free cash flow is currently negative. Return on equity is 11.6%. Price-to-book is 3.0x. This is not a buy or sell recommendation — always do your own research.
How does ENB compare to the S&P 500?
Over the past 33.3 years, $100 invested in ENB would have grown to $12390, compared to $2973 for the S&P 500. That's 15.6% annualized vs 10.7% for the index. ENB has outperformed the broader market over this period.
Does ENB pay a dividend?
Yes. Enbridge Inc. currently pays a dividend yield of 518.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-01