(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 2024-07-26 View latest technical analysis
10 day averaged volume of Danaos Corporation is 68606
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 83.84 | 83.17 | 84.19 | 82.40 | 1.579 times |
| 25 Thu Jul 2024 | 84.10 | 84.68 | 84.74 | 83.43 | 1.647 times |
| 24 Wed Jul 2024 | 84.68 | 86.24 | 86.24 | 84.68 | 0.928 times |
| 23 Tue Jul 2024 | 86.35 | 86.40 | 87.29 | 86.00 | 0.462 times |
| 22 Mon Jul 2024 | 86.27 | 84.55 | 86.69 | 84.49 | 0.789 times |
| 19 Fri Jul 2024 | 84.97 | 86.66 | 86.66 | 84.58 | 1.291 times |
| 18 Thu Jul 2024 | 86.08 | 87.44 | 87.61 | 85.17 | 1.315 times |
| 17 Wed Jul 2024 | 87.20 | 87.74 | 87.97 | 86.77 | 0.895 times |
| 16 Tue Jul 2024 | 88.11 | 87.89 | 88.50 | 87.26 | 0.756 times |
| 15 Mon Jul 2024 | 87.60 | 87.39 | 88.70 | 87.39 | 0.641 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 85.2, but if it comes above 85.2, then a intra day buy could be more profitable.
If you take a sell trade below 85.2, then use 85.2 as stoploss and 82.1 as target. However if you take a buy trade in stock , then use 85.2 as stoploss and 87.88 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 | 82.40 |
| Upside Target | 84.58 |
| Upside Target | 86.53 |
| 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 | 81.73 |
| Downside Intraday Target | 79.62 |
| Upside Intraday Target | 86.62 |
| Upside Intraday Target | 89.4 |
| Upside Intraday Target | 84.51 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri Jul 2024 | 83.84 | 84.55 | 87.29 | 82.40 | 1.103 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 |
| 26 Fri Jul 2024 | 83.84 | 93.87 | 93.87 | 82.40 | 0.79 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 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 neutral. A longer time frame might give a better analysis.
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
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 85.52 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 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 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 neutral. A longer time frame might give a better analysis.
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
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 85.52 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.