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Tale of the Tape

Zacks Equity Research

Is This the Top for Enbridge Inc. (ENB)?


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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.

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