News & Insights

Markets
ENB

Can Enbridge (ENB) Continue to Rise? - Tale of the Tape

Credit: Shutterstock photo

April 28, 2014 — 09:10 am EDT

Written by Zacks ->

Investors have definitely seen some solid trading in Enbridge Inc ( ENB ) lately, leading to gains for some. However, ENB is now in overbought territory thanks to its latest move, as the firm has an RSI value of 72.3. Additionally, Enbridge currently has a Zacks Rank #4 (Sell), so if the earnings estimate trend is any guide, a fall might be coming for this overbought stock.

ENBRIDGE INC (ENB): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

MarketsInvestingStocks
Zacks
Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.
More articles by this source ->

Stocks mentioned

ENB

More Related Articles

Info icon

This data feed is not available at this time.

  • •

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.