(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 2024-08-05 View latest technical analysis
10 day averaged volume of Danaos Corporation is 80455
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 81.36 | 79.52 | 83.06 | 77.56 | 2.409 times |
| 02 Fri Aug 2024 | 82.13 | 83.23 | 83.37 | 80.84 | 1.475 times |
| 01 Thu Aug 2024 | 83.81 | 85.87 | 86.27 | 82.81 | 1.347 times |
| 31 Wed Jul 2024 | 86.49 | 85.64 | 86.49 | 85.26 | 0.83 times |
| 30 Tue Jul 2024 | 84.55 | 85.03 | 85.70 | 84.38 | 0.633 times |
| 29 Mon Jul 2024 | 84.97 | 84.48 | 86.53 | 84.28 | 1.105 times |
| 26 Fri Jul 2024 | 83.84 | 83.17 | 84.19 | 82.40 | 1.346 times |
| 25 Thu Jul 2024 | 84.10 | 84.68 | 84.74 | 83.43 | 1.405 times |
| 24 Wed Jul 2024 | 84.68 | 86.24 | 86.24 | 84.68 | 0.792 times |
| 23 Tue Jul 2024 | 86.35 | 86.40 | 87.29 | 86.00 | 0.394 times |
Stock of Danaos Corporation (DAC) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 81.2, for a target of 83.7 or 85.76
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 71.32 |
| Downside Target | 75.90 |
| Downside Target | 80.84 |
| Upside Target | 86.27 |
| Upside Target | 86.53 |
| Upside Target | 87.29 |
| Upside Target | 88.70 |
| Upside Target | 89.08 |
| Upside Target | 90.44 |
| 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 | 78.26 |
| Downside Intraday Target | 75.16 |
| Upside Intraday Target | 83.76 |
| Upside Intraday Target | 86.16 |
| Downside Intraday Target | 80.66 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Mon Aug 2024 | 81.36 | 79.52 | 83.06 | 77.56 | 0.447 times |
| 02 Fri Aug 2024 | 82.13 | 84.48 | 86.53 | 80.84 | 1.17 times |
| 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 |
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 |
| 05 Mon Aug 2024 | 81.36 | 85.87 | 86.27 | 77.56 | 0.207 times |
| 31 Wed Jul 2024 | 86.49 | 93.87 | 93.87 | 82.40 | 0.88 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 |
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 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 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 83.62 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 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 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 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 83.62 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.