(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 2024-11-11 View latest technical analysis
10 day averaged volume of Danaos Corporation is 81510
| Date | Daily Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 81.11 | 81.60 | 82.21 | 80.80 | 1.711 times |
| 08 Fri Nov 2024 | 81.96 | 82.77 | 82.77 | 81.54 | 1.153 times |
| 07 Thu Nov 2024 | 82.97 | 82.23 | 83.67 | 81.64 | 1.109 times |
| 06 Wed Nov 2024 | 82.10 | 82.24 | 82.24 | 80.33 | 1.228 times |
| 05 Tue Nov 2024 | 82.54 | 81.57 | 83.00 | 81.57 | 0.633 times |
| 04 Mon Nov 2024 | 81.75 | 81.95 | 82.58 | 81.34 | 0.903 times |
| 01 Fri Nov 2024 | 81.95 | 82.55 | 83.76 | 81.77 | 1.026 times |
| 31 Thu Oct 2024 | 82.01 | 80.33 | 82.14 | 80.12 | 0.929 times |
| 30 Wed Oct 2024 | 80.04 | 80.49 | 82.08 | 79.64 | 1.321 times |
| 29 Tue Oct 2024 | 81.11 | 81.45 | 81.98 | 80.78 | 0.71 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.2, but if it comes above 81.2, then a intra day buy could be more profitable.
If you take a sell trade below 81.2, then use 81.2 as stoploss and 79.7 as target. However if you take a buy trade in stock , then use 81.2 as stoploss and 82.52 as target.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 74.77 |
| Downside Target | 77.56 |
| Downside Target | 79.64 |
| Upside Target | 83.76 |
| Upside Target | 85.79 |
| Upside Target | 86.27 |
| Upside Target | 86.59 |
| Upside Target | 87.22 |
| Upside Target | 88.46 |
| Upside Target | 93.87 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 80.54 |
| Downside Intraday Target | 79.96 |
| Upside Intraday Target | 81.95 |
| Upside Intraday Target | 82.78 |
| Upside Intraday Target | 81.37 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 11 Mon Nov 2024 | 81.11 | 81.60 | 82.21 | 80.80 | 0.34 times |
| 08 Fri Nov 2024 | 81.96 | 81.95 | 83.67 | 80.33 | 1.011 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 |
Price has moved down 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 |
| 11 Mon Nov 2024 | 81.11 | 82.55 | 83.76 | 80.33 | 0.266 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Weak 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 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 tired and bears 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 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 81.67 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 Weak 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 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 tired and bears 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 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 81.67 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.