GREAT LAKES DREDGE & DOCK CO (GLDD) Stock Technical Analysis
NASDAQ:GLDD - Nasdaq - US3906071093 - Common Stock - Currency: USD
Overall GLDD gets a technical rating of 5 out of 10. In the last year, GLDD was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
GLDD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GLDD is lagging the market slightly.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that GLDD is one of the better performing stocks in the market, outperforming 79% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
GLDD is part of the Construction & Engineering industry. There are 49 other stocks in this industry, GLDD did better than 52% of them.
In the last month GLDD has a been trading in the 10.37 - 11.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, GLDD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
8.34
12.87
We found 4 important support areas.
- A support zone ranging from 11.13 to 11.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.69 to 10.69. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 10.52 to 10.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.42 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @12.02 from a horizontal line in the weekly time frame.
- Resistance @12.44 from a horizontal line in the daily time frame.
- A resistance zone ranging from 12.69 to 12.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for GLDD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLDD is neutral. |
| ChartMill Relative Strength | 79.53 | POSITIVE | GLDD has a high relative strength, it outperformed 79.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GLDD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GLDD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of GLDD is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.93 | NEUTRAL | The RSI value for GLDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests GLDD has a positive trend. |
| Stochastics (14,3) | 61.47 | NEUTRAL | The Stochastics value for GLDD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.3 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.66 | NEGATIVE | The low ADX value for GLDD suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
11.58
+0.3 (+2.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg2.66%
1 Week9.97%
2 Weeks0.26%
1 Month4.61%
3 Month8.22%
6 Month1.49%
12 Month32.65%
2 Year31.14%
3 Year21%
5 Year23.59%
10 Year108.65%
15 Year129.31%
Volatility
ATR(14)0.42
ATR(20)%3.3%
ATR Inc-17.65%
Range Today0.31
ADR(20)0.34
ADR(20)%2.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.53
Mansfield-0.09
10 Day High11.9
10 Day Low10.37
20 Day High11.9
20 Day Low10.37
52 Week High12.89
52 Week Low7.51
CS1 End11.2
CR1 Start12.02
Volume & EV
DER(3)-0.22%
DER(5)1.58%
Volume403.60K
Volume Incr31.16%
Vol(5)528.90K
Vol(50)477.74K