(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 2024-01-19 View latest technical analysis
10 day averaged volume of Danaos Corporation is 139540
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 75.58 | 76.61 | 76.69 | 75.56 | 0.881 times |
| 18 Thu Jan 2024 | 76.63 | 76.15 | 76.75 | 75.00 | 0.938 times |
| 17 Wed Jan 2024 | 76.78 | 75.96 | 77.15 | 75.78 | 0.631 times |
| 16 Tue Jan 2024 | 76.55 | 76.71 | 77.05 | 75.91 | 0.513 times |
| 12 Fri Jan 2024 | 75.99 | 77.89 | 77.91 | 75.69 | 0.81 times |
| 12 Fri Jan 2024 | 75.99 | 77.89 | 77.91 | 75.69 | 0.81 times |
| 11 Thu Jan 2024 | 76.14 | 76.32 | 76.52 | 75.15 | 0.676 times |
| 10 Wed Jan 2024 | 76.50 | 76.83 | 77.45 | 76.00 | 0.755 times |
| 09 Tue Jan 2024 | 76.55 | 77.52 | 77.82 | 74.51 | 1.498 times |
| 08 Mon Jan 2024 | 77.95 | 78.47 | 78.58 | 76.29 | 1.657 times |
My analysis of stock is bearish for shortterm, and stock might move down till 74.2 or till 72.3. Use a stoploss of 75.77 and if the stock hits stoploss, then it can shoot up till 77.35
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 62.37 |
| Downside Target | 66.45 |
| Downside Target | 70.56 |
| Downside Target | 72.84 |
| Downside Target | 74.78 |
| Downside Target | 75.00 |
| Upside Target | 75.69 |
| Upside Target | 77.15 |
| Upside Target | 77.91 |
| Upside Target | 78.58 |
| Upside Target | 80.39 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 74.67 |
| Downside Intraday Target | 73.76 |
| Upside Intraday Target | 76.82 |
| Upside Intraday Target | 78.06 |
| Upside Intraday Target | 75.91 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 19 Fri Jan 2024 | 75.58 | 76.71 | 77.15 | 75.00 | 3.66 times |
| 12 Fri Jan 2024 | 75.99 | 77.89 | 77.91 | 75.69 | 0.15 times |
| 12 Fri Jan 2024 | 75.99 | 78.47 | 78.58 | 74.51 | 1.096 times |
| 05 Fri Jan 2024 | 79.37 | 74.13 | 80.39 | 74.00 | 4.481 times |
| 29 Fri Dec 2023 | 74.06 | 73.81 | 74.14 | 72.84 | 0.395 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 |
| 19 Fri Jan 2024 | 75.58 | 74.13 | 80.39 | 74.00 | 0.798 times |
| 29 Fri Dec 2023 | 74.06 | 70.40 | 74.78 | 66.45 | 0.985 times |
| 30 Thu Nov 2023 | 70.36 | 66.27 | 70.56 | 62.37 | 1.377 times |
| 31 Tue Oct 2023 | 66.26 | 66.31 | 68.00 | 63.87 | 0.901 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 76.6 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 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 term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term but the sell signal is initial and weak.
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 getting stronger in this stock.
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 and SELL signal is strong!
RSI is generating a BUY signal in short term but buying 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 76.6 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.