(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 2024-04-10 View latest technical analysis
10 day averaged volume of Danaos Corporation is 88040
Date | Daily Closing Price | Open | High | Low | Volume |
10 Wed Apr 2024 | 73.14 | 73.26 | 73.96 | 72.75 | 1.203 times |
09 Tue Apr 2024 | 73.30 | 73.77 | 73.77 | 72.57 | 1.146 times |
08 Mon Apr 2024 | 73.67 | 73.67 | 74.15 | 73.35 | 0.978 times |
05 Fri Apr 2024 | 73.90 | 74.00 | 74.07 | 73.40 | 0.712 times |
04 Thu Apr 2024 | 73.89 | 74.78 | 75.02 | 73.79 | 0.776 times |
03 Wed Apr 2024 | 74.65 | 72.49 | 75.42 | 72.10 | 2.418 times |
02 Tue Apr 2024 | 72.04 | 72.70 | 72.70 | 71.92 | 0.83 times |
01 Mon Apr 2024 | 72.45 | 72.20 | 72.98 | 72.15 | 0.619 times |
28 Thu Mar 2024 | 72.20 | 72.90 | 73.10 | 72.00 | 0.854 times |
27 Wed Mar 2024 | 72.53 | 72.27 | 72.79 | 72.04 | 0.619 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 73.4 as stoploss in an intra day sell trade for a target of 72.08. However, stock will show a bullish move above 73.4.
Share price targets for Danaos Corporation (DAC)
Target Type | Value |
Downside Target | 66.45 |
Downside Target | 69.33 |
Downside Target | 71.55 |
Downside Target | 73.10 |
Upside Target | 74.00 |
Upside Target | 74.15 |
Upside Target | 74.78 |
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 | 72.42 |
Downside Intraday Target | 71.71 |
Upside Intraday Target | 74 |
Upside Intraday Target | 74.87 |
Upside Intraday Target | 73.29 |
Weekly technical analysis of Danaos Corporation (DAC)
Date | Weekly Closing Price | Open | High | Low | Volume |
10 Wed Apr 2024 | 73.14 | 73.67 | 74.15 | 72.57 | 0.621 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 |
15 Fri Mar 2024 | 70.13 | 70.57 | 71.77 | 69.68 | 0.736 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 |
10 Wed Apr 2024 | 73.14 | 72.20 | 75.42 | 71.92 | 0.412 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 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 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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Danaos Corporation in short term and the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 73.43 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the 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 Strong and stock is gaining momentum.
MACD generated a BUY signal for Danaos Corporation in short term and the buy 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. Bears are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
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 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 73.43 and Danaos Corporation (DAC) stock is trading below this level. This means that stock is falling with high volumes. 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.