(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 2024-12-09 View latest technical analysis
10 day averaged volume of Danaos Corporation is 107475
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 81.99 | 81.42 | 82.51 | 80.90 | 1.471 times |
| 05 Thu Dec 2024 | 82.48 | 81.00 | 82.50 | 81.00 | 0.1 times |
| 04 Wed Dec 2024 | 82.00 | 82.40 | 82.83 | 82.00 | 0.119 times |
| 03 Tue Dec 2024 | 81.87 | 80.84 | 82.00 | 80.84 | 0.108 times |
| 26 Tue Nov 2024 | 79.22 | 81.00 | 81.77 | 78.77 | 1.841 times |
| 26 Tue Nov 2024 | 79.22 | 81.00 | 81.77 | 78.77 | 1.841 times |
| 25 Mon Nov 2024 | 80.86 | 84.77 | 85.18 | 80.83 | 2.363 times |
| 22 Fri Nov 2024 | 85.91 | 84.29 | 86.19 | 84.00 | 0.769 times |
| 21 Thu Nov 2024 | 84.61 | 84.79 | 84.89 | 83.02 | 0.959 times |
| 20 Wed Nov 2024 | 85.37 | 86.52 | 87.47 | 84.66 | 1.105 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 80.9 as stoploss in an intra day buy trade for a target of 83.24. However, stock will show a bearish move below 80.9.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 74.77 |
| Downside Target | 77.56 |
| Upside Target | 82.83 |
| Upside Target | 83.02 |
| Upside Target | 85.18 |
| Upside Target | 86.27 |
| Upside Target | 87.22 |
| Upside Target | 87.47 |
| Upside Target | 88.46 |
| Upside Target | 89.40 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 81.09 |
| Downside Intraday Target | 80.19 |
| Upside Intraday Target | 82.7 |
| Upside Intraday Target | 83.41 |
| Downside Intraday Target | 81.8 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 81.99 | 81.42 | 82.51 | 80.90 | 4.498 times |
| 05 Thu Dec 2024 | 82.48 | 80.84 | 82.83 | 80.84 | 0.178 times |
| 26 Tue Nov 2024 | 79.22 | 81.00 | 81.77 | 78.77 | 0.438 times |
| 26 Tue Nov 2024 | 79.22 | 84.77 | 85.18 | 78.77 | 0.829 times |
| 22 Fri Nov 2024 | 85.91 | 86.00 | 87.47 | 83.02 | 0.577 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Danaos Corporation (DAC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Mon Dec 2024 | 81.99 | 80.84 | 82.83 | 80.84 | 0.073 times |
| 26 Tue Nov 2024 | 79.22 | 82.55 | 89.40 | 78.77 | 1.108 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 |
Scroll below to view daily charts
Price has moved up 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 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Danaos Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Danaos Corporation in short term and SELL signal is strong!
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 81.66 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 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 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 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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Danaos Corporation stock for short term is SELL. Signal strength is Weak and stock is gaining 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Danaos Corporation in short term and SELL signal is strong!
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 81.66 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 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.