(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 2024-11-01 View latest technical analysis
10 day averaged volume of Danaos Corporation is 91020
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 81.95 | 82.55 | 83.76 | 81.77 | 0.918 times |
| 31 Thu Oct 2024 | 82.01 | 80.33 | 82.14 | 80.12 | 0.832 times |
| 30 Wed Oct 2024 | 80.04 | 80.49 | 82.08 | 79.64 | 1.183 times |
| 29 Tue Oct 2024 | 81.11 | 81.45 | 81.98 | 80.78 | 0.636 times |
| 28 Mon Oct 2024 | 81.92 | 82.85 | 83.61 | 81.85 | 0.884 times |
| 25 Fri Oct 2024 | 82.84 | 82.72 | 84.03 | 82.43 | 0.798 times |
| 24 Thu Oct 2024 | 82.08 | 82.42 | 82.42 | 81.26 | 1.168 times |
| 23 Wed Oct 2024 | 81.85 | 84.99 | 85.73 | 81.55 | 1.02 times |
| 22 Tue Oct 2024 | 85.28 | 85.39 | 85.79 | 85.05 | 0.956 times |
| 21 Mon Oct 2024 | 85.30 | 84.15 | 85.65 | 83.79 | 1.45 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 81.7 as stoploss in an intra day buy trade for a target of 83.78. However, stock will show a bearish move below 81.7.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 74.77 |
| Downside Target | 77.56 |
| Downside Target | 79.64 |
| Downside Target | 81.26 |
| Upside Target | 85.79 |
| Upside Target | 86.27 |
| Upside Target | 86.59 |
| Upside Target | 87.22 |
| Upside Target | 88.38 |
| Upside Target | 88.46 |
| Upside Target | 93.87 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 79.81 |
| Downside Intraday Target | 77.66 |
| Upside Intraday Target | 83.93 |
| Upside Intraday Target | 85.9 |
| Downside Intraday Target | 81.78 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Fri Nov 2024 | 81.95 | 82.85 | 83.76 | 79.64 | 0.826 times |
| 25 Fri Oct 2024 | 82.84 | 84.15 | 85.79 | 81.26 | 0.915 times |
| 18 Fri Oct 2024 | 84.42 | 86.59 | 86.59 | 82.40 | 0.807 times |
| 11 Fri Oct 2024 | 86.96 | 86.73 | 88.38 | 85.00 | 1.466 times |
| 04 Fri Oct 2024 | 86.61 | 86.20 | 88.46 | 85.59 | 0.697 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 |
| 01 Fri Nov 2024 | 81.95 | 82.55 | 83.76 | 81.77 | 0.035 times |
| 31 Thu Oct 2024 | 82.01 | 86.37 | 88.46 | 79.64 | 1.101 times |
| 30 Mon Sep 2024 | 86.74 | 81.71 | 87.22 | 74.77 | 0.928 times |
| 30 Fri Aug 2024 | 82.04 | 85.87 | 86.27 | 77.56 | 1.145 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Danaos Corporation stock for short term is SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 82.56 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 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
ADX buy sell signal for Danaos Corporation stock for short term is SELL. Signal strength is Weak 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green 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 SELL signal in short term but selling is losing momentum.
MRSI is in positive zone. This is a BUY 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 82.56 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.