(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.
10 day averaged volume of Danaos Corporation is 82510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 73.89 | 72.95 | 74.00 | 72.72 | 0.988 times |
| 19 Fri Apr 2024 | 72.96 | 71.96 | 72.97 | 71.85 | 1.047 times |
| 18 Thu Apr 2024 | 71.96 | 72.54 | 72.92 | 71.79 | 0.947 times |
| 17 Wed Apr 2024 | 72.07 | 72.47 | 72.80 | 71.92 | 0.899 times |
| 16 Tue Apr 2024 | 72.32 | 72.38 | 72.65 | 71.32 | 1.03 times |
| 15 Mon Apr 2024 | 72.38 | 72.58 | 73.29 | 72.15 | 0.95 times |
| 12 Fri Apr 2024 | 72.26 | 73.64 | 73.64 | 72.15 | 0.797 times |
| 11 Thu Apr 2024 | 73.60 | 73.59 | 74.93 | 73.53 | 0.779 times |
| 10 Wed Apr 2024 | 73.14 | 73.26 | 73.96 | 72.75 | 1.283 times |
| 09 Tue Apr 2024 | 73.30 | 73.77 | 73.77 | 72.57 | 1.223 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 73.7, but if it comes below 73.7, then a intra day sell could be more profitable.
If you take a sell trade below 73.7, then use 73.7 as stoploss and 72.86 as target. However if you take a buy trade in stock , then use 73.7 as stoploss and 74.6 as target.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 66.45 |
| Downside Target | 69.33 |
| Downside Target | 73.29 |
| Upside Target | 74.00 |
| Upside Target | 74.78 |
| Upside Target | 74.93 |
| Upside Target | 75.42 |
| Upside Target | 77.44 |
| Upside Target | 80.39 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 73.07 |
| Downside Intraday Target | 72.26 |
| Upside Intraday Target | 74.35 |
| Upside Intraday Target | 74.82 |
| Downside Intraday Target | 73.54 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Apr 2024 | 73.89 | 72.95 | 74.00 | 72.72 | 0.203 times |
| 19 Fri Apr 2024 | 72.96 | 72.58 | 73.29 | 71.32 | 0.951 times |
| 12 Fri Apr 2024 | 72.26 | 73.67 | 74.93 | 72.15 | 0.897 times |
| 05 Fri Apr 2024 | 73.90 | 72.20 | 75.42 | 71.92 | 1.596 times |
| 28 Thu Mar 2024 | 72.20 | 71.55 | 73.10 | 71.55 | 0.639 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 |
| 22 Mon Apr 2024 | 73.89 | 72.20 | 75.42 | 71.32 | 0.744 times |
| 28 Thu Mar 2024 | 72.20 | 72.17 | 73.10 | 69.33 | 0.87 times |
| 29 Thu Feb 2024 | 71.95 | 76.77 | 77.44 | 70.10 | 0.788 times |
| 31 Wed Jan 2024 | 76.28 | 74.13 | 80.39 | 74.00 | 1.098 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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Danaos Corporation in short term and the buy 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Danaos Corporation in short term and BUY signal is strong.
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 72.81 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 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 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 to mid 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Danaos Corporation in short term and the buy 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 above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Danaos Corporation in short term and BUY signal is strong.
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 72.81 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.