Overall GLDD gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GLDD is only an average performer.
Besides having an excellent technical rating, GLDD also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
8.72
4 important support areas can be observed.
- A support zone ranging from 12.25 to 12.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.58 to 11.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.69 from a horizontal line in the daily time frame.
- Support @8.81 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.60 to 13.90. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for GLDD is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GLDD is up. |
| ChartMill Relative Strength | 76.92 | POSITIVE | GLDD has a high relative strength, it outperformed 76.92% 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) | UP | POSITIVE | The current price of GLDD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.39 | NEUTRAL | The RSI value for GLDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests GLDD has a negative trend. |
| Stochastics (14,3) | 57.64 | NEUTRAL | The Stochastics value for GLDD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDD suggests some volalility. |
| Average Directional Index/ADX (14) | 30.88 | POSITIVE | The high ADX value value for GLDD suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.91 | 12.82 | 1.10 (7.87%) | 12.70% |
| An entry @13.91. This is a Buy Stop order right above the resistance zone. | An exit @12.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 1.10 points, which is 7.87%. | For a 1.00% total portfolio risk, you can invest 12.70% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
13.51
+0.07 (+0.52%)
GREAT LAKES DREDGE & DOCK CO / GLDD FAQ
What is the ChartMill technical rating of GREAT LAKES DREDGE & DOCK CO (GLDD) stock?
ChartMill assigns a technical rating of 8 / 10 to GLDD.
Can you provide the trend direction for GREAT LAKES DREDGE & DOCK CO?
The current trend direction for GREAT LAKES DREDGE & DOCK CO (GLDD) is Bullish.
What is the RSI signal for GREAT LAKES DREDGE & DOCK CO (GLDD) stock?
GREAT LAKES DREDGE & DOCK CO (GLDD) has an RSI value of 60.3928. This indicates that the stock is currently neutral.
What is the MACD signal for GLDD stock?
The MACD indicator for GREAT LAKES DREDGE & DOCK CO (GLDD) has a value of -0.0128759, indicating a bearish trend.
What is the buy/sell signal for GREAT LAKES DREDGE & DOCK CO (GLDD) stock?
The buy/sell signal for GREAT LAKES DREDGE & DOCK CO (GLDD) is buy as both the short term and long term trends are positive.