(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 2024-08-28 View latest technical analysis
10 day averaged volume of Danaos Corporation is 104741
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 81.99 | 82.35 | 82.35 | 81.20 | 0.677 times |
| 27 Tue Aug 2024 | 82.80 | 82.31 | 83.21 | 81.77 | 0.683 times |
| 26 Mon Aug 2024 | 82.58 | 82.96 | 83.75 | 82.55 | 0.653 times |
| 23 Fri Aug 2024 | 82.51 | 81.86 | 82.80 | 81.21 | 0.725 times |
| 22 Thu Aug 2024 | 81.63 | 82.13 | 82.35 | 81.58 | 1.245 times |
| 21 Wed Aug 2024 | 82.36 | 83.51 | 83.77 | 82.08 | 0.77 times |
| 20 Tue Aug 2024 | 83.11 | 83.25 | 84.18 | 82.51 | 1.458 times |
| 19 Mon Aug 2024 | 84.23 | 82.73 | 85.83 | 82.73 | 1.48 times |
| 16 Fri Aug 2024 | 82.58 | 82.05 | 82.74 | 81.60 | 0.969 times |
| 15 Thu Aug 2024 | 82.01 | 82.76 | 82.98 | 81.67 | 0.956 times |
My analysis of stock is bearish for shortterm, and stock might move down till 81.2 or till 80. Use a stoploss of 82.12 and if the stock hits stoploss, then it can shoot up till 83.06
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 71.32 |
| Downside Target | 75.90 |
| Downside Target | 80.51 |
| Upside Target | 83.75 |
| Upside Target | 85.83 |
| Upside Target | 86.27 |
| Upside Target | 86.53 |
| Upside Target | 89.08 |
| 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 | 80.88 |
| Downside Intraday Target | 79.76 |
| Upside Intraday Target | 83.43 |
| Upside Intraday Target | 84.86 |
| Upside Intraday Target | 82.31 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Wed Aug 2024 | 81.99 | 82.96 | 83.75 | 81.20 | 0.354 times |
| 23 Fri Aug 2024 | 82.51 | 82.73 | 85.83 | 81.21 | 1.174 times |
| 16 Fri Aug 2024 | 82.58 | 80.83 | 83.02 | 80.51 | 0.796 times |
| 09 Fri Aug 2024 | 80.51 | 79.52 | 83.06 | 77.56 | 1.468 times |
| 02 Fri Aug 2024 | 82.13 | 84.48 | 86.53 | 80.84 | 1.17 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 |
| 28 Wed Aug 2024 | 81.99 | 85.87 | 86.27 | 77.56 | 1.07 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer 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.
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 BUY signal for Danaos Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 82.69 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer 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.
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 BUY signal for Danaos Corporation in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 82.69 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.