(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 2024-08-14 View latest technical analysis
10 day averaged volume of Danaos Corporation is 112409
| Date | Daily Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 81.73 | 82.68 | 83.02 | 81.37 | 0.989 times |
| 13 Tue Aug 2024 | 82.25 | 82.62 | 82.99 | 81.65 | 1.026 times |
| 12 Mon Aug 2024 | 82.23 | 80.83 | 82.45 | 80.51 | 0.697 times |
| 09 Fri Aug 2024 | 80.51 | 81.07 | 81.49 | 80.36 | 0.857 times |
| 08 Thu Aug 2024 | 81.16 | 81.00 | 81.43 | 79.75 | 0.926 times |
| 07 Wed Aug 2024 | 80.70 | 81.04 | 81.22 | 80.00 | 0.618 times |
| 06 Tue Aug 2024 | 80.75 | 80.70 | 82.28 | 79.66 | 1.538 times |
| 05 Mon Aug 2024 | 81.36 | 79.52 | 83.06 | 77.56 | 1.724 times |
| 02 Fri Aug 2024 | 82.13 | 83.23 | 83.37 | 80.84 | 1.056 times |
| 01 Thu Aug 2024 | 83.81 | 85.87 | 86.27 | 82.81 | 0.964 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 81.4 as stoploss in an intra day buy trade for a target of 83.45. However, stock will show a bearish move below 81.4.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 71.32 |
| Downside Target | 75.90 |
| Downside Target | 80.51 |
| Upside Target | 86.27 |
| Upside Target | 86.53 |
| Upside Target | 87.29 |
| Upside Target | 88.70 |
| Upside Target | 89.08 |
| 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 | 80.49 |
| Downside Intraday Target | 79.24 |
| Upside Intraday Target | 83 |
| Upside Intraday Target | 84.26 |
| Upside Intraday Target | 81.75 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 14 Wed Aug 2024 | 81.73 | 80.83 | 83.02 | 80.51 | 0.479 times |
| 09 Fri Aug 2024 | 80.51 | 79.52 | 83.06 | 77.56 | 1.468 times |
| 02 Fri Aug 2024 | 82.13 | 84.48 | 86.53 | 80.84 | 1.17 times |
| 26 Fri Jul 2024 | 83.84 | 84.55 | 87.29 | 82.40 | 1.103 times |
| 19 Fri Jul 2024 | 84.97 | 87.39 | 88.70 | 84.58 | 0.507 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 |
| 14 Wed Aug 2024 | 81.73 | 85.87 | 86.27 | 77.56 | 0.575 times |
| 31 Wed Jul 2024 | 86.49 | 93.87 | 93.87 | 82.40 | 0.88 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 |
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 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 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 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 SELL. 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 81.63 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 falling down
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 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 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 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 SELL. 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 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 81.63 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 falling down
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.