(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 2024-06-12 View latest technical analysis
10 day averaged volume of Danaos Corporation is 157070
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 91.90 | 92.32 | 92.39 | 91.52 | 0.469 times |
| 11 Tue Jun 2024 | 91.96 | 92.00 | 92.50 | 90.41 | 1.093 times |
| 10 Mon Jun 2024 | 95.34 | 94.42 | 95.47 | 93.77 | 0.856 times |
| 07 Fri Jun 2024 | 94.30 | 95.15 | 95.49 | 93.82 | 0.731 times |
| 06 Thu Jun 2024 | 95.42 | 96.99 | 97.46 | 94.77 | 1.1 times |
| 05 Wed Jun 2024 | 97.02 | 94.17 | 97.34 | 93.87 | 0.878 times |
| 04 Tue Jun 2024 | 93.60 | 97.00 | 97.43 | 93.24 | 1.393 times |
| 03 Mon Jun 2024 | 97.07 | 97.37 | 98.25 | 96.00 | 1.059 times |
| 31 Fri May 2024 | 96.77 | 95.00 | 96.92 | 94.63 | 0.955 times |
| 30 Thu May 2024 | 94.09 | 91.55 | 94.73 | 91.38 | 0.999 times |
My analysis of stock is bullish for shortterm, and stock might move up till 95.3 or till 100.4. Use a stoploss of 90.94 and if this stock hits its stoploss, then it can fall down till 86.62
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 69.33 |
| Downside Target | 73.10 |
| Downside Target | 75.90 |
| Downside Target | 82.65 |
| Downside Target | 84.88 |
| Downside Target | 90.41 |
| Downside Target | 90.95 |
| Upside Target | 93.24 |
| Upside Target | 95.47 |
| Upside Target | 96.92 |
| Upside Target | 98.25 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 89.72 |
| Downside Intraday Target | 87.53 |
| Upside Intraday Target | 94.78 |
| Upside Intraday Target | 97.65 |
| Upside Intraday Target | 92.59 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jun 2024 | 91.90 | 94.42 | 95.47 | 90.41 | 0.468 times |
| 07 Fri Jun 2024 | 94.30 | 97.37 | 98.25 | 93.24 | 1.14 times |
| 31 Fri May 2024 | 96.77 | 87.71 | 96.92 | 87.00 | 1.089 times |
| 24 Fri May 2024 | 90.59 | 85.00 | 90.95 | 84.88 | 1.339 times |
| 17 Fri May 2024 | 85.15 | 83.00 | 86.35 | 82.65 | 0.838 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 |
| 12 Wed Jun 2024 | 91.90 | 97.37 | 98.25 | 90.41 | 0.447 times |
| 31 Fri May 2024 | 96.77 | 76.35 | 96.92 | 75.90 | 1.431 times |
| 30 Tue Apr 2024 | 76.51 | 72.20 | 77.25 | 71.32 | 1.005 times |
| 28 Thu Mar 2024 | 72.20 | 72.17 | 73.10 | 69.33 | 0.87 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 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 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 BUY. 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. Bears 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 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
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 94.82 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 BUY. 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. Bears 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 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
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 94.82 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.