(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 2024-02-07 View latest technical analysis
10 day averaged volume of Danaos Corporation is 101550
Date | Daily Closing Price | Open | High | Low | Volume |
07 Wed Feb 2024 | 75.20 | 73.65 | 75.33 | 73.65 | 0.832 times |
06 Tue Feb 2024 | 73.93 | 74.54 | 75.46 | 73.83 | 1.584 times |
05 Mon Feb 2024 | 74.37 | 74.05 | 74.84 | 73.49 | 0.623 times |
02 Fri Feb 2024 | 74.30 | 75.97 | 75.97 | 74.27 | 0.951 times |
01 Thu Feb 2024 | 75.65 | 76.77 | 77.44 | 73.27 | 1.731 times |
31 Wed Jan 2024 | 76.28 | 78.00 | 78.25 | 76.28 | 0.939 times |
30 Tue Jan 2024 | 77.71 | 76.20 | 77.93 | 76.19 | 0.946 times |
29 Mon Jan 2024 | 76.39 | 77.30 | 77.64 | 76.15 | 0.605 times |
26 Fri Jan 2024 | 77.13 | 76.86 | 77.21 | 75.93 | 0.746 times |
25 Thu Jan 2024 | 76.97 | 77.25 | 77.35 | 75.72 | 0.776 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 75 as stoploss in an intra day buy trade for a target of 75.99. However, stock will show a bearish move below 75.
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 | 75.69 |
Upside Target | 77.15 |
Upside Target | 77.44 |
Upside Target | 77.91 |
Upside Target | 78.00 |
Upside Target | 78.25 |
Upside Target | 80.39 |
Intraday share price targets for Danaos Corporation (DAC)
Target Type | Value |
Downside Intraday Target | 73.97 |
Downside Intraday Target | 72.75 |
Upside Intraday Target | 75.94 |
Upside Intraday Target | 76.69 |
Downside Intraday Target | 74.72 |
Weekly technical analysis of Danaos Corporation (DAC)
Date | Weekly Closing Price | Open | High | Low | Volume |
07 Wed Feb 2024 | 75.20 | 74.05 | 75.46 | 73.49 | 0.588 times |
02 Fri Feb 2024 | 74.30 | 77.30 | 78.25 | 73.27 | 1.085 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 |
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 |
07 Wed Feb 2024 | 75.20 | 76.77 | 77.44 | 73.27 | 0.215 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Danaos Corporation in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Danaos Corporation in short term but BUY signal is weak.
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 75.64 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 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 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 gaining momentum.
MACD generated a SELL signal for Danaos Corporation in short term but the sell signal is initial and weak.
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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Danaos Corporation in short term but BUY signal is weak.
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 75.64 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.