ENB
Enbridge Inc. Energy - Oil & Gas Midstream Investor Relations →
Enbridge Inc. (ENB) closed at $54.46 as of 2026-07-31, trading 41.0% above its 200-week moving average of $38.62. The stock is currently moving closer to the line, down from 47.7% last week. The 14-week RSI sits at 54, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (1.11 ratio) is neutral — neither side is clearly dominating.
Over the past 2163 weeks of data, ENB has crossed below its 200-week moving average 19 times. On average, these episodes lasted 12 weeks. Historically, investors who bought ENB at the start of these episodes saw an average one-year return of +15.8%.
Return on equity stands at 10.1%. The stock trades at 2.9x book value.
Share count has increased 7.8% over three years, indicating dilution.
Over the past 33.6 years, a hypothetical investment of $100 in ENB would have grown to $12463, compared to $3098 for the S&P 500. That represents an annualized return of 15.5% vs 10.8% for the index — confirming ENB as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -21.5% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 19 historical episodes, buying ENB when it crossed below its 200-week moving average produced an average return of +16.6% after 12 months (median +10.0%), compared to +20.2% for the S&P 500 over the same periods. 74% of those episodes were profitable after one year. After 24 months, the average return was +38.7% vs +40.4% 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.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices ENB would reach each dislocation threshold.
Dislocation Price Levels
Prices where ENB's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $46.93 | Unusually cheap — potential buy zone |
| Value | +1σ | $52.04 | Cheap vs. own history |
| Fair Value | +0σ | $58.40 | Historical mean behavior |
| Expensive | -1σ | $66.52 | Expensive vs. own history |
| Deep Expensive | -2σ | $77.28 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from ENB's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
ENB has crossed below its 200-week MA 19 times with an average 1-year return of +15.8% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Mar 1992 | Mar 1993 | 51 | 16.1% | +11.7% | +12352.6% |
| Oct 2008 | Oct 2008 | 3 | 5.9% | +42.7% | +732.0% |
| Nov 2008 | Dec 2008 | 3 | 9.9% | +50.0% | +760.9% |
| Jan 2009 | Jan 2009 | 1 | 0.8% | +43.3% | +671.8% |
| Feb 2009 | May 2009 | 12 | 12.3% | +54.1% | +718.2% |
| Aug 2015 | Oct 2015 | 7 | 7.1% | +9.4% | +151.4% |
| Nov 2015 | Apr 2016 | 24 | 27.0% | +10.4% | +156.3% |
| May 2016 | May 2016 | 4 | 4.2% | +9.7% | +148.4% |
| Jul 2016 | Jul 2016 | 1 | 1.8% | +8.4% | +140.4% |
| Aug 2016 | Aug 2016 | 1 | 1.7% | +5.5% | +139.3% |
| May 2017 | Jul 2017 | 9 | 3.6% | -12.2% | +131.5% |
| Aug 2017 | Aug 2017 | 2 | 1.1% | -5.0% | +132.2% |
| Oct 2017 | Jan 2018 | 11 | 10.9% | -13.1% | +133.1% |
| Jan 2018 | Feb 2019 | 56 | 22.6% | -5.3% | +129.6% |
| Jun 2019 | Jun 2019 | 1 | 0.6% | -4.1% | +146.2% |
| Jul 2019 | Sep 2019 | 6 | 4.4% | -0.8% | +152.7% |
| Mar 2020 | Aug 2020 | 22 | 25.0% | +27.0% | +162.4% |
| Aug 2020 | Nov 2020 | 12 | 14.8% | +36.4% | +147.7% |
| Sep 2023 | Nov 2023 | 7 | 6.1% | +32.1% | +92.5% |
| Average | 12 | — | +15.8% | — |
Frequently Asked Questions
Is ENB below its 200-week moving average?
No. Enbridge Inc. (ENB) is currently 41.0% above its 200-week moving average of $38.62. It would need to fall to $38.62 to cross below the line.
What is ENB's 200-week moving average price?
Enbridge Inc.'s 200-week moving average is $38.62 as of 2026-07-31. 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 19 times in our data. On average, buying at that moment produced a one-year return of +15.8%. These dips have historically been decent entry points. These episodes lasted 12 weeks on average.
Is ENB a good value right now?
Here's what our data says about ENB as of 2026-07-31: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 54. Return on equity is 10.1%. Price-to-book is 2.9x. 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 33.6 years, $100 invested in ENB would have grown to $12463, compared to $3098 for the S&P 500. That's 15.5% annualized vs 10.8% 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 497.00%.
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 2026-07-31