(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 2024-02-01 View latest technical analysis
10 day averaged volume of Danaos Corporation is 99110
| Date | Daily Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 75.65 | 76.77 | 77.44 | 73.27 | 1.774 times |
| 31 Wed Jan 2024 | 76.28 | 78.00 | 78.25 | 76.28 | 0.963 times |
| 30 Tue Jan 2024 | 77.71 | 76.20 | 77.93 | 76.19 | 0.97 times |
| 29 Mon Jan 2024 | 76.39 | 77.30 | 77.64 | 76.15 | 0.62 times |
| 26 Fri Jan 2024 | 77.13 | 76.86 | 77.21 | 75.93 | 0.765 times |
| 25 Thu Jan 2024 | 76.97 | 77.25 | 77.35 | 75.72 | 0.795 times |
| 24 Wed Jan 2024 | 77.03 | 76.59 | 78.00 | 75.65 | 1.124 times |
| 23 Tue Jan 2024 | 75.78 | 75.31 | 76.26 | 75.18 | 0.702 times |
| 22 Mon Jan 2024 | 75.37 | 75.45 | 76.17 | 75.17 | 1.5 times |
| 19 Fri Jan 2024 | 75.58 | 76.61 | 76.69 | 75.56 | 1.241 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 75.7, but if it comes above 75.7, then a intra day buy could be more profitable.
If you take a sell trade below 75.7, then use 75.7 as stoploss and 74.6 as target. However if you take a buy trade in stock , then use 75.7 as stoploss and 76.62 as target.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 62.37 |
| Downside Target | 63.87 |
| Downside Target | 66.45 |
| Downside Target | 68.00 |
| Downside Target | 70.56 |
| Downside Target | 73.27 |
| Upside Target | 77.15 |
| Upside Target | 77.44 |
| Upside Target | 77.91 |
| Upside Target | 78.00 |
| Upside Target | 78.25 |
| Upside Target | 78.58 |
| Upside Target | 80.39 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 73.2 |
| Downside Intraday Target | 70.74 |
| Upside Intraday Target | 78.18 |
| Upside Intraday Target | 80.7 |
| Upside Intraday Target | 75.72 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 01 Thu Feb 2024 | 75.65 | 77.30 | 78.25 | 73.27 | 0.885 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 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 |
| 01 Thu Feb 2024 | 75.65 | 76.77 | 77.44 | 73.27 | 0.065 times |
| 31 Wed Jan 2024 | 76.28 | 74.13 | 80.39 | 74.00 | 1.098 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 |
Scroll below to view daily charts
Price has moved down 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 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 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 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 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 SELL. 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. Bulls 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
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 76.26 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 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 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 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 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 SELL. 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. Bulls 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
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 76.26 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.