Enbridge Breaks Below 200-Day Moving Average
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In trading on Wednesday, shares of Enbridge Inc (TSX: ENB.TO) crossed below their 200 day moving average of $47.21, changing hands as low as $47.06 per share. Enbridge Inc shares are currently trading off about 1.6% on the day. The chart below shows the one year performance of ENB shares, versus its 200 day moving average:
Looking at the chart above, ENB’s low point in its 52 week range is $42.75 per share, with $54.05 as the 52 week high point — that compares with a last trade of $47.24.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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