(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 2024-07-02 View latest technical analysis
10 day averaged volume of Danaos Corporation is 92440
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 91.40 | 91.18 | 92.09 | 90.58 | 1.6 times |
| 01 Mon Jul 2024 | 92.02 | 93.87 | 93.87 | 91.17 | 1.477 times |
| 28 Fri Jun 2024 | 92.36 | 93.11 | 93.33 | 92.33 | 1.368 times |
| 27 Thu Jun 2024 | 92.54 | 94.00 | 94.27 | 91.71 | 0.715 times |
| 26 Wed Jun 2024 | 93.57 | 94.00 | 94.63 | 93.19 | 1.646 times |
| 25 Tue Jun 2024 | 94.02 | 93.18 | 94.23 | 93.01 | 0.627 times |
| 24 Mon Jun 2024 | 93.28 | 92.50 | 93.65 | 92.49 | 0.606 times |
| 21 Fri Jun 2024 | 92.05 | 91.65 | 93.00 | 91.46 | 1.415 times |
| 20 Thu Jun 2024 | 91.76 | 90.00 | 92.70 | 90.00 | 0.843 times |
| 18 Tue Jun 2024 | 89.95 | 90.31 | 90.80 | 89.84 | 0.651 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 90.7 as stoploss in an intra day buy trade for a target of 92.58. However, stock will show a bearish move below 90.7.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 69.33 |
| Downside Target | 71.32 |
| Downside Target | 73.10 |
| Downside Target | 75.90 |
| Downside Target | 89.08 |
| Upside Target | 93.00 |
| Upside Target | 93.87 |
| Upside Target | 94.63 |
| 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 | 90.03 |
| Downside Intraday Target | 88.66 |
| Upside Intraday Target | 93.32 |
| Upside Intraday Target | 95.24 |
| Upside Intraday Target | 91.95 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 91.40 | 93.87 | 93.87 | 90.58 | 0.62 times |
| 28 Fri Jun 2024 | 92.36 | 92.50 | 94.63 | 91.71 | 1.706 times |
| 21 Fri Jun 2024 | 92.05 | 90.31 | 93.00 | 89.84 | 1.567 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 |
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 |
| 02 Tue Jul 2024 | 91.40 | 93.87 | 93.87 | 90.58 | 0.123 times |
| 28 Fri Jun 2024 | 92.36 | 97.37 | 98.25 | 89.08 | 0.867 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 |
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 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 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 gaining momentum.
MACD generated a SELL signal for Danaos Corporation in short term but the sell signal is initial and weak.
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 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 92.28 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 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 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 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 gaining momentum.
MACD generated a SELL signal for Danaos Corporation in short term but the sell signal is initial and weak.
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 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 92.28 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.