GREAT LAKES DREDGE & DOCK CO (GLDD) Stock Technical Analysis
NASDAQ:GLDD - Nasdaq - US3906071093 - Common Stock - Currency: USD
Overall GLDD gets a technical rating of 9 out of 10. In the last year, GLDD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, GLDD did better than 90% of all other stocks.
GLDD is part of the Construction & Engineering industry. There are 52 other stocks in this industry. GLDD outperforms 76% of them.
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.
In the last month GLDD has a been trading in the 10.50 - 11.83 range, which is quite wide. It is currently trading near the high of this range.
GLDD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 11.69. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.57, a Stop Loss order could be placed below this zone.
More info and screens
8.16
11.87
We found 3 important support areas.
- A support zone ranging from 11.46 to 11.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 10.53 to 10.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.24 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 11.69 to 11.75. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | 90.66 | POSITIVE | GLDD has a high relative strength, it outperformed 90.66% 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) | 63.43 | NEUTRAL | The RSI value for GLDD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests GLDD has a negative trend. |
| Stochastics (14,3) | 74.19 | NEUTRAL | The Stochastics value for GLDD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for GLDD suggests some volalility. |
| Average Directional Index/ADX (14) | 36.59 | POSITIVE | The high ADX value value for GLDD suggests a strong 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)
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 |
|---|---|---|---|
| 11.76 | 11.45 | 0.31 (2.64%) | 25.00% |
| An entry @11.76. This is a Buy Stop order right above the resistance zone. | An exit @11.45. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 2.64%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.66%. |
- The distance between exit and entry is rather small compared to the average daily movement of GLDD. Please evaluate whether better entry and exit points can be found.
- 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.
NASDAQ:GLDD (6/12/2025, 10:52:03 AM)
11.63
+0.05 (+0.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.43%
1 Week0.09%
2 Weeks4.23%
1 Month1.4%
3 Month33.87%
6 Month-3.34%
12 Month31.89%
2 Year41.91%
3 Year-11.67%
5 Year25.05%
10 Year94.3%
15 Year93%
Volatility
ATR(14)0.29
ATR(20)%2.4%
ATR Inc-0.76%
Range Today0.15
ADR(20)0.27
ADR(20)%2.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.66
Mansfield0.7
10 Day High11.83
10 Day Low11.07
20 Day High11.83
20 Day Low10.5
52 Week High12.89
52 Week Low7.51
CS1 End11.57
CR1 Start11.69
Volume & EV
DER(3)-2.76%
DER(5)-2.71%
Volume51.74K
Volume Incr-33.29%
Vol(5)425.20K
Vol(50)544.46K