(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 2024-03-25 View latest technical analysis
10 day averaged volume of Danaos Corporation is 87120
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 72.02 | 71.55 | 72.26 | 71.55 | 0.844 times |
| 22 Fri Mar 2024 | 71.55 | 71.74 | 72.07 | 71.34 | 0.713 times |
| 21 Thu Mar 2024 | 71.81 | 71.43 | 72.20 | 71.18 | 1.092 times |
| 20 Wed Mar 2024 | 71.30 | 69.84 | 71.64 | 69.33 | 1.71 times |
| 19 Tue Mar 2024 | 70.10 | 70.00 | 70.25 | 69.63 | 0.853 times |
| 18 Mon Mar 2024 | 70.15 | 70.08 | 70.53 | 69.46 | 0.94 times |
| 15 Fri Mar 2024 | 70.13 | 70.04 | 70.80 | 69.68 | 1.112 times |
| 14 Thu Mar 2024 | 70.04 | 70.35 | 70.74 | 69.80 | 0.89 times |
| 13 Wed Mar 2024 | 70.81 | 71.57 | 71.68 | 70.70 | 0.849 times |
| 12 Tue Mar 2024 | 71.74 | 70.72 | 71.77 | 70.54 | 0.958 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 72.1 as stoploss in an intra day sell trade for a target of 71.12. However, stock will show a bullish move above 72.1.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 62.37 |
| Downside Target | 66.45 |
| Downside Target | 69.33 |
| Upside Target | 72.26 |
| Upside Target | 72.46 |
| Upside Target | 72.80 |
| Upside Target | 73.57 |
| Upside Target | 74.00 |
| Upside Target | 74.78 |
| Upside Target | 77.44 |
| Upside Target | 80.39 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 71.63 |
| Downside Intraday Target | 71.23 |
| Upside Intraday Target | 72.34 |
| Upside Intraday Target | 72.65 |
| Downside Intraday Target | 71.94 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Mon Mar 2024 | 72.02 | 71.55 | 72.26 | 71.55 | 0.159 times |
| 22 Fri Mar 2024 | 71.55 | 70.08 | 72.20 | 69.33 | 1.131 times |
| 15 Fri Mar 2024 | 70.13 | 70.57 | 71.77 | 69.68 | 0.736 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 |
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 |
| 25 Mon Mar 2024 | 72.02 | 72.17 | 72.80 | 69.33 | 0.766 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Danaos Corporation in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 70.98 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Danaos Corporation in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 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 70.98 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.