GREAT LAKES DREDGE & DOCK CO (GLDD)

US3906071093 - Common Stock

12.33  +0.01 (+0.08%)

Premarket: 12.4 +0.07 (+0.57%)

Technical Rating and Analysis

10

Overall GLDD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, GLDD has proven to be a steady performer, scoring decent points in every aspect analyzed.

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 93% of all other stocks. On top of that, GLDD also shows a nice and consistent pattern of rising prices.
GLDD is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month GLDD has a been trading in the 10.25 - 12.83 range, which is quite wide. It is currently trading near the high of this range.
GLDD is part of the Construction & Engineering industry. There are 44 other stocks in this industry, GLDD did better than 67% of them.
Weekly and Daily overview Charts
GLDD Weekly chart
GLDD Daily chart
Setup Rating and Analysis

9

GLDD has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 12.25, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for GLDD in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • 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.
Support and Resistance Analysis

7.60

12.45

5 important support areas can be observed.

  • A support zone ranging from 12.05 to 12.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 11.31 to 11.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @9.87 from a trend line in the daily time frame.
  • Support @8.01 from a trend line in the weekly time frame.
  • Support @7.68 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.22
Mansfield2.16
10 Day High12.83
10 Day Low11.79
20 Day High12.83
20 Day Low10.25
52 Week High12.83
52 Week Low6.55
Performance
1 Week3.31%
2 Weeks-2.84%
1 Month5.29%
3 Month35.94%
6 Month34.02%
12 Month78.96%
2 Year68.44%
3 Year-16.58%
5 Year15.45%
10 Year62.66%
15 Year109.34%
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)58.53
LBB11.7
UBB12.81
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
12.8412.040.80 (6.23%)16.05%
An entry @12.84. This is a Buy Stop order right above the 10 day high.An exit @12.04. This is a Stop Loss order right below the support zone.The trade has a worst case loss of 0.80 points, which is 6.23%.For a 1.00% total portfolio risk, you can invest 16.05% 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.
GLDD Daily chart

GREAT LAKES DREDGE & DOCK CO

NASDAQ:GLDD (11/22/2024, 8:00:00 PM)

Premarket: 12.4 +0.07 (+0.57%)

12.33

+0.01 (+0.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.08%
1 Week3.31%
2 Weeks-2.84%
1 Month5.29%
3 Month35.94%
6 Month34.02%
12 Month78.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.5
ATR(20)%3.77%
ATR Inc
Range Today0.29
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High12.83
10 Day Low11.79
20 Day High12.83
20 Day Low10.25
52 Week High12.83
52 Week Low6.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume518.00K
Volume Incr1.51%
Vol(5)452.44K
Vol(50)431.04K