GREAT LAKES DREDGE & DOCK CO (GLDD)
US3906071093 - Common Stock
Taking everything into account, GLDD scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
GLDD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, GLDD did better than 89% of all other stocks. On top of that, GLDD also shows a nice and consistent pattern of rising prices.
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.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
GLDD is part of the Construction & Engineering industry. There are 45 other stocks in this industry, GLDD did better than 65% of them.
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 a support zone below the current price at 11.63, a Stop Loss order could be placed below this zone.
More info and screens
7.72
12.87
When analyzing the support we can see 4 important areas.
- A support zone ranging from 11.42 to 11.63. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.35 from a trend line in the daily time frame.
- Support @8.19 from a trend line in the weekly time frame.
- Support @7.80 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.69 to 12.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.35
Mansfield1.09
10 Day High12.79
10 Day Low11.3
20 Day High12.89
20 Day Low11.3
52 Week High12.89
52 Week Low6.55
Performance
1 Week-2.02%
2 Weeks-8.06%
1 Month-6.73%
3 Month11.17%
6 Month32.57%
12 Month51.56%
2 Year95.63%
3 Year-25.95%
5 Year2.74%
10 Year35.98%
15 Year79.63%
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)-0.12
RSI(14)41.01
LBB11.14
UBB13.01
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 |
|---|---|---|---|
| 11.86 | 11.41 | 0.45 (3.83%) | 25.00% |
| An entry @11.86. This is a Buy Stop order right above the 10 day moving average. | An exit @11.41. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.45 points, which is 3.83%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.96%. |
- 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.
GREAT LAKES DREDGE & DOCK CO
NASDAQ:GLDD (12/24/2024, 8:17:05 PM)
After market: 11.64 0 (0%)11.64
+0.1 (+0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.82%
1 Week-2.02%
2 Weeks-8.06%
1 Month-6.73%
3 Month11.17%
6 Month32.57%
12 Month51.56%
2 Year95.63%
3 Year-25.95%
5 Year2.74%
10 Year35.98%
15 Year79.63%
Volatility
ATR(14)0.42
ATR(20)%3.17%
ATR Inc-38.15%
Range Today0.22
ADR(20)0.36
ADR(20)%3.09%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.35
Mansfield1.09
10 Day High12.79
10 Day Low11.3
20 Day High12.89
20 Day Low11.3
52 Week High12.89
52 Week Low6.55
CS1 End11.63
CR1 Start12.69
Volume & EV
DER(3)0.03%
DER(5)-0.78%
Volume185.60K
Volume Incr27.9%
Vol(5)534.44K
Vol(50)431.26K