(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 2024-11-06 View latest technical analysis
10 day averaged volume of Danaos Corporation is 80230
| Date | Daily Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 82.10 | 82.24 | 82.24 | 80.33 | 1.248 times |
| 05 Tue Nov 2024 | 82.54 | 81.57 | 83.00 | 81.57 | 0.643 times |
| 04 Mon Nov 2024 | 81.75 | 81.95 | 82.58 | 81.34 | 0.917 times |
| 01 Fri Nov 2024 | 81.95 | 82.55 | 83.76 | 81.77 | 1.042 times |
| 31 Thu Oct 2024 | 82.01 | 80.33 | 82.14 | 80.12 | 0.944 times |
| 30 Wed Oct 2024 | 80.04 | 80.49 | 82.08 | 79.64 | 1.342 times |
| 29 Tue Oct 2024 | 81.11 | 81.45 | 81.98 | 80.78 | 0.722 times |
| 28 Mon Oct 2024 | 81.92 | 82.85 | 83.61 | 81.85 | 1.003 times |
| 25 Fri Oct 2024 | 82.84 | 82.72 | 84.03 | 82.43 | 0.905 times |
| 24 Thu Oct 2024 | 82.08 | 82.42 | 82.42 | 81.26 | 1.325 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 81.3 as stoploss in an intra day buy trade for a target of 83.18. However, stock will show a bearish move below 81.3.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 74.77 |
| Downside Target | 77.56 |
| Downside Target | 79.64 |
| Upside Target | 85.00 |
| Upside Target | 85.79 |
| Upside Target | 86.27 |
| Upside Target | 86.59 |
| Upside Target | 87.22 |
| Upside Target | 88.38 |
| Upside Target | 88.46 |
| Upside Target | 93.87 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 80.62 |
| Downside Intraday Target | 79.14 |
| Upside Intraday Target | 83.29 |
| Upside Intraday Target | 84.48 |
| Downside Intraday Target | 81.81 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 06 Wed Nov 2024 | 82.10 | 81.95 | 83.00 | 80.33 | 0.556 times |
| 01 Fri Nov 2024 | 81.95 | 82.85 | 83.76 | 79.64 | 0.826 times |
| 25 Fri Oct 2024 | 82.84 | 84.15 | 85.79 | 81.26 | 0.915 times |
| 18 Fri Oct 2024 | 84.42 | 86.59 | 86.59 | 82.40 | 0.807 times |
| 11 Fri Oct 2024 | 86.96 | 86.73 | 88.38 | 85.00 | 1.466 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 |
| 06 Wed Nov 2024 | 82.10 | 82.55 | 83.76 | 80.33 | 0.13 times |
| 31 Thu Oct 2024 | 82.01 | 86.37 | 88.46 | 79.64 | 1.101 times |
| 30 Mon Sep 2024 | 86.74 | 81.71 | 87.22 | 74.77 | 0.928 times |
| 30 Fri Aug 2024 | 82.04 | 85.87 | 86.27 | 77.56 | 1.145 times |
Scroll below to view daily charts
Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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.
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. Bears are weakening, and bulls 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 and SELL signal is strong!
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 81.77 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 neutral. A longer time frame might give a better analysis.
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.
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. Bears are weakening, and bulls 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 and SELL signal is strong!
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 81.77 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.