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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 2024-07-25 View latest technical analysis

10 day averaged volume of Danaos Corporation is 64286

Date Daily Closing Price Open High Low Volume
25 Thu Jul 2024 84.10 84.68 84.74 83.43 1.758 times
24 Wed Jul 2024 84.68 86.24 86.24 84.68 0.991 times
23 Tue Jul 2024 86.35 86.40 87.29 86.00 0.493 times
22 Mon Jul 2024 86.27 84.55 86.69 84.49 0.842 times
19 Fri Jul 2024 84.97 86.66 86.66 84.58 1.378 times
18 Thu Jul 2024 86.08 87.44 87.61 85.17 1.404 times
17 Wed Jul 2024 87.20 87.74 87.97 86.77 0.955 times
16 Tue Jul 2024 88.11 87.89 88.50 87.26 0.807 times
15 Mon Jul 2024 87.60 87.39 88.70 87.39 0.684 times
12 Fri Jul 2024 87.25 89.57 89.57 87.17 1.36 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.7, but if it comes above 85.7, then a intra day buy could be more profitable.
If you take a sell trade below 85.7, then use 85.7 as stoploss and 82.5 as target. However if you take a buy trade in stock , then use 85.7 as stoploss and 88.3 as target.

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 83.43
Upside Target 86.53
Upside Target 90.44
Upside Target 90.58
Upside Target 92.85
Upside Target 93.87
Upside Target 96.92
Upside Target 98.25

Intraday share price targets for Danaos Corporation (DAC)

Target Type Value
Downside Intraday Target 82.59
Downside Intraday Target 81.08
Upside Intraday Target 86.45
Upside Intraday Target 88.8
Upside Intraday Target 84.94

Weekly technical analysis of Danaos Corporation (DAC)

Date Weekly Closing Price Open High Low Volume
25 Thu Jul 2024 84.10 84.55 87.29 83.43 0.781 times
19 Fri Jul 2024 84.97 87.39 88.70 84.58 0.507 times
12 Fri Jul 2024 87.25 89.50 90.44 86.53 5.027 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

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
25 Thu Jul 2024 84.10 93.87 93.87 83.43 0.743 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.

Danaos Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 86.01 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Danaos Corporation in short term and the sell signal is strong.

Danaos Corporation Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling 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 86.01 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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