GREAT LAKES DREDGE & DOCK CO (GLDD) Stock Technical Analysis
NASDAQ:GLDD - US3906071093 - Common Stock
11.73 USD
+0.06 (+0.51%)
11.73 USD
0 (0%)
Overall GLDD gets a technical rating of 5 out of 10. In the last year, GLDD was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
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.
GLDD is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, GLDD did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
GLDD is an average performer in the Construction & Engineering industry, it outperforms 46% of 53 stocks in the same industry.
GLDD has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 11.62, a Stop Loss order could be placed below this zone.
More info and screens
8.43
12.87
We found 4 important support areas.
- A support zone ranging from 11.15 to 11.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.69 from a horizontal line 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 @8.52 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 12.70 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 | UP | POSITIVE | The long term trend for GLDD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GLDD is neutral. |
| ChartMill Relative Strength | 72.83 | POSITIVE | GLDD has a high relative strength, it outperformed 72.83% 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) | DOWN | MIXED | The current price of GLDD is above a declining 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) | 53.92 | NEUTRAL | The RSI value for GLDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests GLDD has a negative trend. |
| Stochastics (14,3) | 53.55 | NEUTRAL | The Stochastics value for GLDD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDD suggests some volalility. |
| Average Directional Index/ADX (14) | 13.09 | 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)
11.73
+0.06 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.51%
1 Week-1.76%
2 Weeks2.09%
1 Month3.99%
3 Month0.09%
6 Month48.11%
12 Month30.33%
2 Year47.18%
3 Year54.75%
5 Year23.34%
10 Year132.74%
15 Year101.89%
Volatility
ATR(14)0.28
ATR(20)%2.44%
ATR Inc-21.37%
Range Today0.26
ADR(20)0.28
ADR(20)%2.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.83
Mansfield-0.18
10 Day High12.1
10 Day Low11.47
20 Day High12.1
20 Day Low11.16
52 Week High12.89
52 Week Low7.51
CS1 End11.62
CR1 Start12.02
Volume & EV
DER(3)0.2%
DER(5)-0.67%
Volume275.40K
Volume Incr-16.88%
Vol(5)360.12K
Vol(50)424.02K