(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 2024-07-23 View latest technical analysis
10 day averaged volume of Danaos Corporation is 82616
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 86.35 | 86.40 | 87.29 | 86.00 | 0.384 times |
| 22 Mon Jul 2024 | 86.27 | 84.55 | 86.69 | 84.49 | 0.655 times |
| 19 Fri Jul 2024 | 84.97 | 86.66 | 86.66 | 84.58 | 1.072 times |
| 18 Thu Jul 2024 | 86.08 | 87.44 | 87.61 | 85.17 | 1.092 times |
| 17 Wed Jul 2024 | 87.20 | 87.74 | 87.97 | 86.77 | 0.743 times |
| 16 Tue Jul 2024 | 88.11 | 87.89 | 88.50 | 87.26 | 0.628 times |
| 15 Mon Jul 2024 | 87.60 | 87.39 | 88.70 | 87.39 | 0.532 times |
| 12 Fri Jul 2024 | 87.25 | 89.57 | 89.57 | 87.17 | 1.058 times |
| 11 Thu Jul 2024 | 89.30 | 89.57 | 90.44 | 88.98 | 0.845 times |
| 10 Wed Jul 2024 | 89.22 | 87.00 | 89.94 | 86.85 | 1.081 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 86.5, but if it comes above 86.5, then a intra day buy could be more profitable.
If you take a sell trade below 86.5, then use 86.5 as stoploss and 83.4 as target. However if you take a buy trade in stock , then use 86.5 as stoploss and 89.17 as target.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 69.33 |
| Downside Target | 71.32 |
| Downside Target | 73.10 |
| Downside Target | 75.90 |
| Downside Target | 84.49 |
| Upside Target | 86.53 |
| Upside Target | 90.44 |
| Upside Target | 90.58 |
| Upside Target | 92.85 |
| Upside Target | 93.87 |
| Upside Target | 96.92 |
| Upside Target | 98.25 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 84.8 |
| Downside Intraday Target | 83.24 |
| Upside Intraday Target | 87.6 |
| Upside Intraday Target | 88.84 |
| Downside Intraday Target | 86.04 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 86.35 | 84.55 | 87.29 | 84.49 | 0.255 times |
| 19 Fri Jul 2024 | 84.97 | 87.39 | 88.70 | 84.58 | 0.507 times |
| 12 Fri Jul 2024 | 87.25 | 89.50 | 90.44 | 86.53 | 5.027 times |
| 05 Fri Jul 2024 | 89.68 | 91.72 | 92.85 | 89.04 | 0.407 times |
| 03 Wed Jul 2024 | 92.49 | 93.87 | 93.87 | 90.58 | 0.706 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 |
| 23 Tue Jul 2024 | 86.35 | 93.87 | 93.87 | 84.49 | 0.667 times |
| 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 |
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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.
Danaos Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 87.23 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 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 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 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 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 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 SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.
Danaos Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 87.23 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 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.