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(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 2024-07-11 View latest technical analysis

10 day averaged volume of Danaos Corporation is 115420

Date Daily Closing Price Open High Low Volume
11 Thu Jul 2024 89.30 89.57 90.44 88.98 0.605 times
10 Wed Jul 2024 89.22 87.00 89.94 86.85 0.774 times
09 Tue Jul 2024 86.85 87.47 87.99 86.53 1.641 times
08 Mon Jul 2024 87.63 89.50 89.50 87.50 1.968 times
05 Fri Jul 2024 89.68 92.10 92.28 89.04 0.801 times
03 Wed Jul 2024 92.49 91.72 92.85 91.72 0.341 times
03 Wed Jul 2024 92.49 91.72 92.85 91.72 0.341 times
02 Tue Jul 2024 91.40 91.18 92.09 90.58 1.281 times
01 Mon Jul 2024 92.02 93.87 93.87 91.17 1.183 times
28 Fri Jun 2024 92.36 93.11 93.33 92.33 1.096 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 89.1 as stoploss in an intra day buy trade for a target of 91.05. However, stock will show a bearish move below 89.1.

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 86.53
Downside Target 89.04
Upside Target 92.85
Upside Target 93.00
Upside Target 93.87
Upside Target 94.63
Upside Target 96.92
Upside Target 98.25

Intraday share price targets for Danaos Corporation (DAC)

Target Type Value
Downside Intraday Target 87.07
Downside Intraday Target 84.85
Upside Intraday Target 90.98
Upside Intraday Target 92.67
Downside Intraday Target 88.76

Weekly technical analysis of Danaos Corporation (DAC)

Date Weekly Closing Price Open High Low Volume
11 Thu Jul 2024 89.30 89.50 90.44 86.53 4.365 times
05 Fri Jul 2024 89.68 91.72 92.85 89.04 0.407 times
03 Wed Jul 2024 92.49 93.87 93.87 90.58 0.706 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Danaos Corporation (DAC)

Date Monthly Closing Price Open High Low Volume
11 Thu Jul 2024 89.30 93.87 93.87 86.53 0.446 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 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 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 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 red color and prices are below the red 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 but buying is losing 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 89.74 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 negative.

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 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 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 red color and prices are below the red 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 but buying is losing 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 89.74 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Daily charts

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Daily chart
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