(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 2024-06-18 View latest technical analysis
10 day averaged volume of Danaos Corporation is 119790
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 89.95 | 90.31 | 90.80 | 89.84 | 0.503 times |
| 18 Tue Jun 2024 | 89.95 | 90.31 | 90.80 | 89.84 | 0.503 times |
| 17 Mon Jun 2024 | 90.14 | 90.18 | 90.99 | 89.08 | 0.93 times |
| 14 Fri Jun 2024 | 90.26 | 91.45 | 91.52 | 89.69 | 1.097 times |
| 13 Thu Jun 2024 | 92.36 | 91.88 | 92.40 | 90.51 | 0.749 times |
| 12 Wed Jun 2024 | 91.90 | 92.32 | 92.39 | 91.52 | 0.614 times |
| 11 Tue Jun 2024 | 91.96 | 92.00 | 92.50 | 90.41 | 1.433 times |
| 10 Mon Jun 2024 | 95.34 | 94.42 | 95.47 | 93.77 | 1.122 times |
| 07 Fri Jun 2024 | 94.30 | 95.15 | 95.49 | 93.82 | 0.958 times |
| 06 Thu Jun 2024 | 95.42 | 96.99 | 97.46 | 94.77 | 1.443 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 89.2 as stoploss in an intra day buy trade for a target of 92.23. However, stock will show a bearish move below 89.2.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 69.33 |
| Downside Target | 73.10 |
| Downside Target | 75.90 |
| Downside Target | 87.00 |
| Downside Target | 89.08 |
| Upside Target | 90.99 |
| Upside Target | 93.24 |
| 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 | 89.59 |
| Downside Intraday Target | 89.24 |
| Upside Intraday Target | 90.55 |
| Upside Intraday Target | 91.16 |
| Upside Intraday Target | 90.2 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Tue Jun 2024 | 89.95 | 90.31 | 90.80 | 89.84 | 0.351 times |
| 18 Tue Jun 2024 | 89.95 | 90.18 | 90.99 | 89.08 | 0.286 times |
| 14 Fri Jun 2024 | 90.26 | 94.42 | 95.47 | 89.69 | 0.741 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 |
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 |
| 18 Tue Jun 2024 | 89.95 | 97.37 | 98.25 | 89.08 | 0.617 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 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 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 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 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.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Danaos Corporation in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 92.57 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 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 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 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 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 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.
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 in or below the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Danaos Corporation in short term
RSI is generating a BUY signal in short term but buying is losing momentum.
MRSI is in negative zone. This is the SELL 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 92.57 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.