(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 2024-09-20 View latest technical analysis
10 day averaged volume of Danaos Corporation is 94280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 80.74 | 81.06 | 81.78 | 80.01 | 1.172 times |
| 19 Thu Sep 2024 | 81.73 | 81.00 | 82.00 | 80.38 | 1.309 times |
| 18 Wed Sep 2024 | 80.12 | 79.90 | 81.16 | 79.62 | 0.662 times |
| 17 Tue Sep 2024 | 79.90 | 80.25 | 80.31 | 79.66 | 0.678 times |
| 16 Mon Sep 2024 | 80.08 | 78.81 | 80.10 | 78.80 | 1.326 times |
| 13 Fri Sep 2024 | 78.84 | 79.29 | 79.44 | 78.38 | 0.569 times |
| 12 Thu Sep 2024 | 78.67 | 78.84 | 79.53 | 78.17 | 0.63 times |
| 11 Wed Sep 2024 | 78.39 | 76.00 | 79.01 | 76.00 | 1.115 times |
| 10 Tue Sep 2024 | 75.79 | 77.07 | 77.07 | 74.77 | 1.095 times |
| 09 Mon Sep 2024 | 77.01 | 77.10 | 78.00 | 76.83 | 0.868 times |
My analysis of stock is bullish for shortterm, and stock might move up till 81.9 or till 84.2. Use a stoploss of 79.95 and if this stock hits its stoploss, then it can fall down till 78.01
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 74.77 |
| Upside Target | 81.20 |
| Upside Target | 82.00 |
| Upside Target | 82.40 |
| Upside Target | 82.44 |
| Upside Target | 83.75 |
| Upside Target | 86.27 |
| Upside Target | 89.08 |
| 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 | 79.03 |
| Downside Intraday Target | 77.31 |
| Upside Intraday Target | 82.23 |
| Upside Intraday Target | 83.71 |
| Downside Intraday Target | 80.51 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Fri Sep 2024 | 80.74 | 78.81 | 82.00 | 78.80 | 1.204 times |
| 13 Fri Sep 2024 | 78.84 | 77.10 | 79.53 | 74.77 | 0.766 times |
| 06 Fri Sep 2024 | 77.07 | 81.71 | 82.00 | 76.57 | 10.537 times |
| 30 Fri Aug 2024 | 82.04 | 82.10 | 82.44 | 81.38 | 0.16 times |
| 30 Fri Aug 2024 | 82.04 | 82.96 | 83.75 | 81.20 | 0.524 times |
Price has moved up 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 |
| 20 Fri Sep 2024 | 80.74 | 81.71 | 82.00 | 74.77 | 0.608 times |
| 30 Fri Aug 2024 | 82.04 | 85.87 | 86.27 | 77.56 | 1.145 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 |
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Danaos Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Danaos Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Danaos Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Danaos Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 79.23 and Danaos Corporation (DAC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Danaos Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Danaos Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Danaos Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL zone
Stock of Danaos Corporation is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 79.23 and Danaos Corporation (DAC) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.