Is This the Top for Enbridge Inc. (ENB)? - Tale of the Tape

By Zacks Equity Research,

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Although Enbridge Inc. ( ENB ) is up over 7.9 % in the past four weeks, investors may be concerned. After all, ENB is now in overbought territory, at least when looking at its RSI value of 70.5 . If that wasn't enough, investors should also note that Enbridge Inc. possesses a Zacks Rank #4 (Sell) , so if analyst perception is any guide, we could witness a slump in ENB shares before too long.

ENBRIDGE INC (ENB): Free Stock Analysis Report

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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.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: ENB

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