(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 2024-06-28 View latest technical analysis
10 day averaged volume of Danaos Corporation is 90420
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 92.36 | 93.11 | 93.33 | 92.33 | 1.399 times |
| 27 Thu Jun 2024 | 92.54 | 94.00 | 94.27 | 91.71 | 0.731 times |
| 26 Wed Jun 2024 | 93.57 | 94.00 | 94.63 | 93.19 | 1.683 times |
| 25 Tue Jun 2024 | 94.02 | 93.18 | 94.23 | 93.01 | 0.641 times |
| 24 Mon Jun 2024 | 93.28 | 92.50 | 93.65 | 92.49 | 0.619 times |
| 21 Fri Jun 2024 | 92.05 | 91.65 | 93.00 | 91.46 | 1.447 times |
| 20 Thu Jun 2024 | 91.76 | 90.00 | 92.70 | 90.00 | 0.862 times |
| 18 Tue Jun 2024 | 89.95 | 90.31 | 90.80 | 89.84 | 0.666 times |
| 18 Tue Jun 2024 | 89.95 | 90.31 | 90.80 | 89.84 | 0.666 times |
| 17 Mon Jun 2024 | 90.14 | 90.18 | 90.99 | 89.08 | 1.232 times |
My analysis of stock is bearish for shortterm, and stock might move down till 90.8 or till 88.3. Use a stoploss of 92.94 and if the stock hits stoploss, then it can shoot up till 95.03
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 69.33 |
| Downside Target | 73.10 |
| Downside Target | 75.90 |
| Downside Target | 89.08 |
| Downside Target | 91.71 |
| Upside Target | 93.00 |
| Upside Target | 93.24 |
| Upside Target | 94.63 |
| 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 | 91.17 |
| Downside Intraday Target | 89.98 |
| Upside Intraday Target | 94.09 |
| Upside Intraday Target | 95.82 |
| Upside Intraday Target | 92.9 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 92.36 | 92.50 | 94.63 | 91.71 | 1.706 times |
| 21 Fri Jun 2024 | 92.05 | 90.31 | 93.00 | 89.84 | 1.567 times |
| 18 Tue Jun 2024 | 89.95 | 90.18 | 90.99 | 89.08 | 0.286 times |
| 14 Fri Jun 2024 | 90.26 | 94.42 | 95.47 | 89.69 | 0.741 times |
| 07 Fri Jun 2024 | 94.30 | 97.37 | 98.25 | 93.24 | 1.14 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Danaos Corporation (DAC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 28 Fri Jun 2024 | 92.36 | 97.37 | 98.25 | 89.08 | 0.867 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 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 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 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 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. Bulls are getting tired and bears are picking up momentum.
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 SELL signal for Danaos Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 92.05 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 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 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 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 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 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. Bulls are getting tired and bears are picking up momentum.
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 SELL signal for Danaos Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 92.05 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.