(DAC) Danaos Corporation complete technical analysis [charts+indicators] | Buy/Sell Danaos Corporation | (DAC) share price targets
Complete technical analysis of Danaos Corporation (DAC) by charts plus indicators, forecast predictions and share price targets for Danaos Corporation (DAC)
Danaos Corporation trades in USA in Transportation sector.
Showing technical analysis as on 2024-08-09 View latest technical analysis
10 day averaged volume of Danaos Corporation is 108220
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 80.51 | 81.07 | 81.49 | 80.36 | 0.89 times |
| 08 Thu Aug 2024 | 81.16 | 81.00 | 81.43 | 79.75 | 0.961 times |
| 07 Wed Aug 2024 | 80.70 | 81.04 | 81.22 | 80.00 | 0.642 times |
| 06 Tue Aug 2024 | 80.75 | 80.70 | 82.28 | 79.66 | 1.597 times |
| 05 Mon Aug 2024 | 81.36 | 79.52 | 83.06 | 77.56 | 1.791 times |
| 02 Fri Aug 2024 | 82.13 | 83.23 | 83.37 | 80.84 | 1.097 times |
| 01 Thu Aug 2024 | 83.81 | 85.87 | 86.27 | 82.81 | 1.002 times |
| 31 Wed Jul 2024 | 86.49 | 85.64 | 86.49 | 85.26 | 0.617 times |
| 30 Tue Jul 2024 | 84.55 | 85.03 | 85.70 | 84.38 | 0.47 times |
| 29 Mon Jul 2024 | 84.97 | 84.48 | 86.53 | 84.28 | 0.822 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.9, but if it comes above 81.9, then a intra day buy could be more profitable.
If you take a sell trade below 81.9, then use 81.9 as stoploss and 79 as target. However if you take a buy trade in stock , then use 81.9 as stoploss and 84.28 as target.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 71.32 |
| Downside Target | 75.90 |
| Upside Target | 80.84 |
| Upside Target | 86.27 |
| Upside Target | 86.53 |
| Upside Target | 87.29 |
| Upside Target | 88.70 |
| Upside Target | 89.08 |
| Upside Target | 90.44 |
| Upside Target | 93.87 |
| Upside Target | 96.92 |
| Upside Target | 98.25 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 77.69 |
| Downside Intraday Target | 74.88 |
| Upside Intraday Target | 83.19 |
| Upside Intraday Target | 85.88 |
| Downside Intraday Target | 80.38 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 80.51 | 79.52 | 83.06 | 77.56 | 1.468 times |
| 02 Fri Aug 2024 | 82.13 | 84.48 | 86.53 | 80.84 | 1.17 times |
| 26 Fri Jul 2024 | 83.84 | 84.55 | 87.29 | 82.40 | 1.103 times |
| 19 Fri Jul 2024 | 84.97 | 87.39 | 88.70 | 84.58 | 0.507 times |
| 12 Fri Jul 2024 | 87.25 | 89.50 | 90.44 | 86.53 | 5.027 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Danaos Corporation (DAC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Fri Aug 2024 | 80.51 | 85.87 | 86.27 | 77.56 | 0.425 times |
| 31 Wed Jul 2024 | 86.49 | 93.87 | 93.87 | 82.40 | 0.88 times |
| 28 Fri Jun 2024 | 92.36 | 97.37 | 98.25 | 89.08 | 0.867 times |
| 31 Fri May 2024 | 96.77 | 76.35 | 96.92 | 75.90 | 1.431 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Danaos Corporation (DAC)
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Danaos Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.
Danaos Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Danaos Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Danaos Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 82.23 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Danaos Corporation (DAC) stock. Volume based technical analysis of Danaos Corporation (DAC) stock is negative.
Danaos Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Danaos Corporation stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.
Danaos Corporation Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Danaos Corporation in short term but BUY signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Danaos Corporation is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 82.23 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Danaos Corporation (DAC) stock. Volume based technical analysis of Danaos Corporation (DAC) stock is negative.
Danaos Corporation Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.