GREAT LAKES DREDGE & DOCK CO (GLDD) Stock Technical Analysis
NASDAQ:GLDD - Nasdaq - US3906071093 - Common Stock - Currency: USD
Overall GLDD gets a technical rating of 1 out of 10. GLDD has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
GLDD is one of the better performing stocks in the Construction & Engineering industry, it outperforms 78% of 51 stocks in the same industry.
When compared to the yearly performance of all other stocks, GLDD outperforms 59% of them, which is more or less in line with the market.
GLDD is currently trading in the middle of its 52 week range. The S&P500 Index is currently trading in the lower part of its 52 week range, so GLDD is still doing slightly better than the market.
In the last month GLDD has a been trading in the 7.51 - 9.36 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 bad, GLDD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.18, a Stop Loss order could be placed below this zone.
More info and screens
7.58
12.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.08 to 8.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.91 from a horizontal line in the weekly time frame.
- Support @7.66 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 8.65 to 8.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 9.06 to 9.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.08 from a trend line in the weekly time frame.
- Resistance @12.69 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.54
Mansfield-0.6
10 Day High9.13
10 Day Low7.51
20 Day High9.36
20 Day Low7.51
52 Week High12.89
52 Week Low6.55
Performance
1 Week-3.72%
2 Weeks5.95%
1 Month-6.15%
3 Month-27.36%
6 Month-26.99%
12 Month19.75%
2 Year49.21%
3 Year-38.09%
5 Year-3.28%
10 Year47.41%
15 Year57.75%
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)45.89
LBB7.99
UBB9.32
8.55
-0.26 (-2.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-2.95%
1 Week-3.72%
2 Weeks5.95%
1 Month-6.15%
3 Month-27.36%
6 Month-26.99%
12 Month19.75%
2 Year49.21%
3 Year-38.09%
5 Year-3.28%
10 Year47.41%
15 Year57.75%
Volatility
ATR(14)0.52
ATR(20)%5.06%
ATR Inc-30.37%
Range Today0.25
ADR(20)0.4
ADR(20)%4.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.54
Mansfield-0.6
10 Day High9.13
10 Day Low7.51
20 Day High9.36
20 Day Low7.51
52 Week High12.89
52 Week Low6.55
CS1 End8.18
CR1 Start8.65
Volume & EV
DER(3)-5.25%
DER(5)-5.06%
Volume358.00K
Volume Incr-1.97%
Vol(5)454.46K
Vol(50)501.65K