(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 2024-06-10 View latest technical analysis
10 day averaged volume of Danaos Corporation is 167840
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 95.34 | 94.42 | 95.47 | 93.77 | 0.801 times |
| 07 Fri Jun 2024 | 94.30 | 95.15 | 95.49 | 93.82 | 0.684 times |
| 06 Thu Jun 2024 | 95.42 | 96.99 | 97.46 | 94.77 | 1.03 times |
| 05 Wed Jun 2024 | 97.02 | 94.17 | 97.34 | 93.87 | 0.822 times |
| 04 Tue Jun 2024 | 93.60 | 97.00 | 97.43 | 93.24 | 1.304 times |
| 03 Mon Jun 2024 | 97.07 | 97.37 | 98.25 | 96.00 | 0.991 times |
| 31 Fri May 2024 | 96.77 | 95.00 | 96.92 | 94.63 | 0.894 times |
| 30 Thu May 2024 | 94.09 | 91.55 | 94.73 | 91.38 | 0.935 times |
| 29 Wed May 2024 | 91.48 | 88.00 | 91.59 | 88.00 | 0.876 times |
| 28 Tue May 2024 | 87.95 | 87.71 | 89.79 | 87.00 | 1.53 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 94.9, but if it comes below 94.9, then a intra day sell could be more profitable.
If you take a sell trade below 94.9, then use 94.9 as stoploss and 90.14 as target. However if you take a buy trade in stock , then use 94.9 as stoploss and 100.7 as target.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 69.33 |
| Downside Target | 73.10 |
| Downside Target | 75.90 |
| Downside Target | 82.65 |
| Downside Target | 84.88 |
| Downside Target | 90.95 |
| Downside Target | 93.24 |
| Downside Target | 93.77 |
| Upside Target | 95.47 |
| Upside Target | 96.92 |
| Upside Target | 98.25 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 94.25 |
| Downside Intraday Target | 93.16 |
| Upside Intraday Target | 95.95 |
| Upside Intraday Target | 96.56 |
| Downside Intraday Target | 94.86 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Mon Jun 2024 | 95.34 | 94.42 | 95.47 | 93.77 | 0.166 times |
| 07 Fri Jun 2024 | 94.30 | 97.37 | 98.25 | 93.24 | 1.14 times |
| 31 Fri May 2024 | 96.77 | 87.71 | 96.92 | 87.00 | 1.089 times |
| 24 Fri May 2024 | 90.59 | 85.00 | 90.95 | 84.88 | 1.339 times |
| 17 Fri May 2024 | 85.15 | 83.00 | 86.35 | 82.65 | 0.838 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 |
| 10 Mon Jun 2024 | 95.34 | 97.37 | 98.25 | 93.24 | 0.355 times |
| 31 Fri May 2024 | 96.77 | 76.35 | 96.92 | 75.90 | 1.431 times |
| 30 Tue Apr 2024 | 76.51 | 72.20 | 77.25 | 71.32 | 1.005 times |
| 28 Thu Mar 2024 | 72.20 | 72.17 | 73.10 | 69.33 | 0.87 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Danaos Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Danaos Corporation in short term and the buy signal is strong.
Danaos Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but buying is losing 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 93.88 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
ADX buy sell signal for Danaos Corporation stock for short term is BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Danaos Corporation in short term and the buy signal is strong.
Danaos Corporation Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 but buying is losing 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 93.88 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.