(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 2024-01-30 View latest technical analysis
10 day averaged volume of Danaos Corporation is 95930
| Date | Daily Closing Price | Open | High | Low | Volume |
| 30 Tue Jan 2024 | 77.71 | 76.20 | 77.93 | 76.19 | 1.002 times |
| 29 Mon Jan 2024 | 76.39 | 77.30 | 77.64 | 76.15 | 0.64 times |
| 26 Fri Jan 2024 | 77.13 | 76.86 | 77.21 | 75.93 | 0.79 times |
| 25 Thu Jan 2024 | 76.97 | 77.25 | 77.35 | 75.72 | 0.821 times |
| 24 Wed Jan 2024 | 77.03 | 76.59 | 78.00 | 75.65 | 1.161 times |
| 23 Tue Jan 2024 | 75.78 | 75.31 | 76.26 | 75.18 | 0.726 times |
| 22 Mon Jan 2024 | 75.37 | 75.45 | 76.17 | 75.17 | 1.55 times |
| 19 Fri Jan 2024 | 75.58 | 76.61 | 76.69 | 75.56 | 1.282 times |
| 18 Thu Jan 2024 | 76.63 | 76.15 | 76.75 | 75.00 | 1.365 times |
| 17 Wed Jan 2024 | 76.78 | 75.96 | 77.15 | 75.78 | 0.918 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 77.6, but if it comes below 77.6, then a intra day sell could be more profitable.
If you take a sell trade below 77.6, then use 77.6 as stoploss and 76.72 as target. However if you take a buy trade in stock , then use 77.6 as stoploss and 78.7 as target.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 62.37 |
| Downside Target | 66.45 |
| Downside Target | 70.56 |
| Downside Target | 74.00 |
| Downside Target | 75.69 |
| Downside Target | 76.15 |
| Downside Target | 77.15 |
| Upside Target | 77.91 |
| Upside Target | 77.93 |
| Upside Target | 78.00 |
| Upside Target | 78.58 |
| Upside Target | 80.39 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 76.6 |
| Downside Intraday Target | 75.48 |
| Upside Intraday Target | 78.38 |
| Upside Intraday Target | 79.04 |
| Downside Intraday Target | 77.26 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 30 Tue Jan 2024 | 77.71 | 77.30 | 77.93 | 76.15 | 0.325 times |
| 26 Fri Jan 2024 | 77.13 | 75.45 | 78.00 | 75.17 | 1.171 times |
| 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 |
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 |
| 30 Tue Jan 2024 | 77.71 | 74.13 | 80.39 | 74.00 | 1.059 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 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 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 SELL signal for Danaos Corporation in short term but the sell signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 76.46 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 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 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 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 SELL signal for Danaos Corporation in short term but the sell signal is initial and weak.
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 stronger in this stock.
Ichimoku cloud is of green color and prices are above the green 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 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 76.46 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.