(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 80140
| Date | Daily Closing Price | Open | High | Low | Volume |
| 19 Fri Apr 2024 | 72.96 | 71.96 | 72.97 | 71.85 | 1.078 times |
| 18 Thu Apr 2024 | 71.96 | 72.54 | 72.92 | 71.79 | 0.975 times |
| 17 Wed Apr 2024 | 72.07 | 72.47 | 72.80 | 71.92 | 0.926 times |
| 16 Tue Apr 2024 | 72.32 | 72.38 | 72.65 | 71.32 | 1.061 times |
| 15 Mon Apr 2024 | 72.38 | 72.58 | 73.29 | 72.15 | 0.978 times |
| 12 Fri Apr 2024 | 72.26 | 73.64 | 73.64 | 72.15 | 0.821 times |
| 11 Thu Apr 2024 | 73.60 | 73.59 | 74.93 | 73.53 | 0.802 times |
| 10 Wed Apr 2024 | 73.14 | 73.26 | 73.96 | 72.75 | 1.321 times |
| 09 Tue Apr 2024 | 73.30 | 73.77 | 73.77 | 72.57 | 1.259 times |
| 08 Mon Apr 2024 | 73.67 | 73.67 | 74.15 | 73.35 | 1.074 times |
My analysis of stock is bullish for shortterm, and stock might move up till 73.6 or till 74.5. Use a stoploss of 72.74 and if this stock hits its stoploss, then it can fall down till 71.92
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 66.45 |
| Downside Target | 69.33 |
| Upside Target | 73.10 |
| Upside 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 | 71.76 |
| Downside Intraday Target | 70.55 |
| Upside Intraday Target | 73.73 |
| Upside Intraday Target | 74.49 |
| Downside Intraday Target | 72.52 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 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 |
| 22 Fri Mar 2024 | 71.55 | 70.08 | 72.20 | 69.33 | 1.131 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 |
| 19 Fri Apr 2024 | 72.96 | 72.20 | 75.42 | 71.32 | 0.7 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term but the sell 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 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 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 but BUY 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 72.8 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 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 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 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 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Danaos Corporation in short term but the sell 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 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 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 but BUY 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 72.8 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.