Enbridge Dips 2.37% with 487th Volume Rank, Relative Strength Rises to 73 as Volume-Driven Strategies Yield 1.08x Returns

Enbridge (ENB) closed on August 15, 2025, with a 2.37% decline, trading at a daily volume of $0.20 billion, ranking 487th among the busiest stocks on the day. The energy infrastructure giant’s relative strength rating improved from 69 to 73, signaling a shift in its 52-week performance dynamics compared to broader market benchmarks. The metric, which gauges market leadership through a 1-99 scale, suggests increased short-term momentum despite the price drop.

Volume-driven strategies remain relevant in assessing Enbridge’s liquidity profile. Historical backtesting of a methodology buying the top 500 stocks by daily volume and holding for one day from 2022 to 2025 showed a cumulative return of 1.08 times the initial investment. Total profits accumulated to $10,720 over the period, with fluctuations observed amid evolving market conditions. This underscores the potential of high-volume stocks to generate consistent, albeit moderate, returns when leveraged in systematic trading approaches.