(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 2024-09-03 View latest technical analysis
10 day averaged volume of Danaos Corporation is 80122
| Date | Daily Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 79.47 | 81.71 | 82.00 | 78.64 | 1.588 times |
| 30 Fri Aug 2024 | 82.04 | 82.10 | 82.44 | 81.38 | 0.623 times |
| 30 Fri Aug 2024 | 82.04 | 82.10 | 82.44 | 81.38 | 0.623 times |
| 29 Thu Aug 2024 | 81.54 | 82.00 | 82.24 | 81.22 | 0.635 times |
| 28 Wed Aug 2024 | 81.99 | 82.35 | 82.35 | 81.20 | 0.885 times |
| 27 Tue Aug 2024 | 82.80 | 82.31 | 83.21 | 81.77 | 0.892 times |
| 26 Mon Aug 2024 | 82.58 | 82.96 | 83.75 | 82.55 | 0.854 times |
| 23 Fri Aug 2024 | 82.51 | 81.86 | 82.80 | 81.21 | 0.947 times |
| 22 Thu Aug 2024 | 81.63 | 82.13 | 82.35 | 81.58 | 1.628 times |
| 21 Wed Aug 2024 | 82.36 | 83.51 | 83.77 | 82.08 | 1.007 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 79.8, for a target of 81 or 81.97
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 75.90 |
| Downside Target | 77.56 |
| Upside Target | 80.51 |
| Upside Target | 83.02 |
| Upside Target | 83.75 |
| Upside Target | 85.83 |
| Upside Target | 86.27 |
| 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 | 78.07 |
| Downside Intraday Target | 76.68 |
| Upside Intraday Target | 81.43 |
| Upside Intraday Target | 83.4 |
| Upside Intraday Target | 80.04 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 03 Tue Sep 2024 | 79.47 | 81.71 | 82.00 | 78.64 | 2.547 times |
| 30 Fri Aug 2024 | 82.04 | 82.10 | 82.44 | 81.38 | 0.16 times |
| 30 Fri Aug 2024 | 82.04 | 82.96 | 83.75 | 81.20 | 0.524 times |
| 23 Fri Aug 2024 | 82.51 | 82.73 | 85.83 | 81.21 | 1.174 times |
| 16 Fri Aug 2024 | 82.58 | 80.83 | 83.02 | 80.51 | 0.796 times |
Price has moved down 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 |
| 03 Tue Sep 2024 | 79.47 | 81.71 | 82.00 | 78.64 | 0.055 times |
| 30 Fri Aug 2024 | 82.04 | 85.87 | 86.27 | 77.56 | 1.145 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 |
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 trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 coming down
CCI has generated a SELL signal for Danaos Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 81.71 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 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 coming down
CCI has generated a SELL signal for Danaos Corporation in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 81.71 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. 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.