(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 2024-12-23 View latest technical analysis
10 day averaged volume of Danaos Corporation is 118412
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 79.42 | 76.50 | 79.67 | 76.50 | 2.033 times |
| 20 Fri Dec 2024 | 76.40 | 76.06 | 77.58 | 75.52 | 1.082 times |
| 19 Thu Dec 2024 | 76.59 | 77.55 | 77.99 | 76.44 | 0.629 times |
| 18 Wed Dec 2024 | 76.93 | 77.56 | 78.16 | 76.69 | 0.766 times |
| 17 Tue Dec 2024 | 77.30 | 77.76 | 78.16 | 76.67 | 0.923 times |
| 16 Mon Dec 2024 | 78.13 | 79.22 | 79.67 | 77.84 | 1.253 times |
| 13 Fri Dec 2024 | 79.21 | 79.36 | 79.36 | 78.23 | 0.665 times |
| 12 Thu Dec 2024 | 78.95 | 78.63 | 79.55 | 77.93 | 0.555 times |
| 11 Wed Dec 2024 | 78.85 | 82.26 | 82.43 | 78.46 | 1.72 times |
| 10 Tue Dec 2024 | 82.15 | 82.00 | 82.65 | 81.38 | 1.07 times |
Stock of Danaos Corporation (DAC) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, and stock might move down till 77.6 or till 74.3. Use a stoploss of 80.37 and if the stock hits stoploss, then it can shoot up till 83.15
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 74.77 |
| Upside Target | 80.84 |
| Upside Target | 81.77 |
| Upside Target | 82.65 |
| Upside Target | 82.83 |
| Upside Target | 86.27 |
| Upside Target | 87.22 |
| Upside Target | 88.46 |
| Upside Target | 89.40 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 77.39 |
| Downside Intraday Target | 75.36 |
| Upside Intraday Target | 80.56 |
| Upside Intraday Target | 81.7 |
| Downside Intraday Target | 78.53 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 79.42 | 76.50 | 79.67 | 76.50 | 0.437 times |
| 20 Fri Dec 2024 | 76.40 | 79.22 | 79.67 | 75.52 | 0.871 times |
| 13 Fri Dec 2024 | 79.21 | 81.42 | 82.65 | 77.93 | 18.007 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 |
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 |
| 23 Mon Dec 2024 | 79.42 | 80.84 | 82.83 | 75.52 | 0.554 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Danaos Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 78.58 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.
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 LOWS in short term which reflects strong selling momentum. 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 moving up
CCI has generated a buy signal for Danaos Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 78.58 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.