(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.
10 day averaged volume of Danaos Corporation is 147000
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 85.37 | 86.52 | 87.47 | 84.66 | 0.808 times |
| 19 Tue Nov 2024 | 86.33 | 86.00 | 86.46 | 85.50 | 0.58 times |
| 18 Mon Nov 2024 | 86.39 | 86.00 | 87.38 | 86.00 | 1.056 times |
| 15 Fri Nov 2024 | 85.76 | 86.17 | 86.50 | 84.64 | 0.707 times |
| 14 Thu Nov 2024 | 85.91 | 86.70 | 89.40 | 85.01 | 1.766 times |
| 13 Wed Nov 2024 | 86.03 | 82.64 | 86.17 | 82.64 | 1.652 times |
| 12 Tue Nov 2024 | 82.69 | 80.36 | 83.73 | 80.25 | 1.354 times |
| 11 Mon Nov 2024 | 81.11 | 81.60 | 82.21 | 80.80 | 0.949 times |
| 08 Fri Nov 2024 | 81.96 | 82.77 | 82.77 | 81.54 | 0.639 times |
| 07 Thu Nov 2024 | 82.97 | 82.23 | 83.67 | 81.64 | 0.615 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 85.1, but if it comes below 85.1, then a intra day sell could be more profitable.
If you take a sell trade below 85.1, then use 85.1 as stoploss and 83.14 as target. However if you take a buy trade in stock , then use 85.1 as stoploss and 87.5 as target.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 74.77 |
| Downside Target | 77.56 |
| Downside Target | 79.64 |
| Upside Target | 85.79 |
| Upside Target | 86.27 |
| Upside Target | 87.22 |
| Upside Target | 87.47 |
| Upside Target | 88.46 |
| Upside Target | 89.40 |
| Upside Target | 93.87 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 84.2 |
| Downside Intraday Target | 83.02 |
| Upside Intraday Target | 87.01 |
| Upside Intraday Target | 88.64 |
| Upside Intraday Target | 85.83 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Nov 2024 | 85.37 | 86.00 | 87.47 | 84.66 | 0.38 times |
| 15 Fri Nov 2024 | 85.76 | 81.60 | 89.40 | 80.25 | 2.307 times |
| 08 Fri Nov 2024 | 81.96 | 81.95 | 83.67 | 80.33 | 1.011 times |
| 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 |
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 |
| 20 Wed Nov 2024 | 85.37 | 82.55 | 89.40 | 80.25 | 0.757 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 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 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 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 mid to longer 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.
ADX buy sell signal for Danaos Corporation stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Danaos Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting tired and bears 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 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 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 84.64 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 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 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 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 mid to longer 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.
ADX buy sell signal for Danaos Corporation stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Danaos Corporation in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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. Bulls are getting tired and bears 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 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 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 84.64 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.