(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 2024-03-27 View latest technical analysis
10 day averaged volume of Danaos Corporation is 87650
Date | Daily Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 72.53 | 72.27 | 72.79 | 72.04 | 0.622 times |
26 Tue Mar 2024 | 71.97 | 71.83 | 72.59 | 71.57 | 1.052 times |
25 Mon Mar 2024 | 72.02 | 71.55 | 72.26 | 71.55 | 0.839 times |
22 Fri Mar 2024 | 71.55 | 71.74 | 72.07 | 71.34 | 0.708 times |
21 Thu Mar 2024 | 71.81 | 71.43 | 72.20 | 71.18 | 1.085 times |
20 Wed Mar 2024 | 71.30 | 69.84 | 71.64 | 69.33 | 1.7 times |
19 Tue Mar 2024 | 70.10 | 70.00 | 70.25 | 69.63 | 0.848 times |
18 Mon Mar 2024 | 70.15 | 70.08 | 70.53 | 69.46 | 0.934 times |
15 Fri Mar 2024 | 70.13 | 70.04 | 70.80 | 69.68 | 1.106 times |
14 Thu Mar 2024 | 70.04 | 70.35 | 70.74 | 69.80 | 0.884 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 72, but if it comes below 72, then a intra day sell could be more profitable.
If you take a sell trade below 72, then use 72 as stoploss and 71.09 as target. However if you take a buy trade in stock , then use 72 as stoploss and 73.1 as target.
Share price targets for Danaos Corporation (DAC)
Target Type | Value |
Downside Target | 62.37 |
Downside Target | 66.45 |
Downside Target | 69.33 |
Downside Target | 72.46 |
Upside Target | 72.79 |
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 | 71.79 |
Downside Intraday Target | 71.05 |
Upside Intraday Target | 73.03 |
Upside Intraday Target | 73.53 |
Downside Intraday Target | 72.29 |
Weekly technical analysis of Danaos Corporation (DAC)
Date | Weekly Closing Price | Open | High | Low | Volume |
27 Wed Mar 2024 | 72.53 | 71.55 | 72.79 | 71.55 | 0.476 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 |
27 Wed Mar 2024 | 72.53 | 72.17 | 72.80 | 69.33 | 0.835 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 Strong 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
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 71.13 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 Strong 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
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 71.13 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.