(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 2024-03-12 View latest technical analysis
10 day averaged volume of Danaos Corporation is 99590
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 71.74 | 70.72 | 71.77 | 70.54 | 0.838 times |
| 11 Mon Mar 2024 | 70.42 | 70.57 | 70.64 | 70.03 | 0.772 times |
| 08 Fri Mar 2024 | 70.60 | 71.16 | 71.93 | 70.40 | 1.194 times |
| 07 Thu Mar 2024 | 71.45 | 71.15 | 71.98 | 71.09 | 0.806 times |
| 06 Wed Mar 2024 | 71.43 | 69.60 | 71.75 | 69.60 | 1.028 times |
| 05 Tue Mar 2024 | 69.62 | 69.74 | 71.18 | 69.53 | 0.98 times |
| 04 Mon Mar 2024 | 69.75 | 72.46 | 72.46 | 69.62 | 1.568 times |
| 01 Fri Mar 2024 | 72.46 | 72.17 | 72.80 | 72.14 | 1.319 times |
| 29 Thu Feb 2024 | 71.95 | 72.12 | 72.94 | 71.65 | 0.979 times |
| 28 Wed Feb 2024 | 72.22 | 72.66 | 73.57 | 72.11 | 0.569 times |
My analysis of stock is bearish for shortterm, and stock might move down till 70.6 or till 69.1. Use a stoploss of 71.89 and if the stock hits stoploss, then it can shoot up till 73.17
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 62.37 |
| Downside Target | 66.45 |
| Downside Target | 69.53 |
| Upside Target | 72.80 |
| Upside Target | 73.53 |
| Upside Target | 73.57 |
| Upside Target | 74.00 |
| Upside Target | 74.78 |
| Upside Target | 76.50 |
| Upside Target | 77.44 |
| Upside Target | 80.39 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 70.59 |
| Downside Intraday Target | 69.44 |
| Upside Intraday Target | 72.33 |
| Upside Intraday Target | 72.92 |
| Downside Intraday Target | 71.18 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Mar 2024 | 71.74 | 70.57 | 71.77 | 70.03 | 0.289 times |
| 08 Fri Mar 2024 | 70.60 | 72.46 | 72.46 | 69.53 | 1.274 times |
| 01 Fri Mar 2024 | 72.46 | 73.46 | 73.57 | 71.65 | 1.086 times |
| 23 Fri Feb 2024 | 73.40 | 71.64 | 73.53 | 70.10 | 0.633 times |
| 16 Fri Feb 2024 | 71.67 | 74.97 | 76.50 | 71.29 | 1.227 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 |
| 12 Tue Mar 2024 | 71.74 | 72.17 | 72.80 | 69.53 | 0.398 times |
| 29 Thu Feb 2024 | 71.95 | 76.77 | 77.44 | 70.10 | 0.788 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 |
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer 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.
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 and the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 71.07 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 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer 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.
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 and the sell 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. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red 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 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 71.07 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 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.