Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-17 View latest technical analysis

10 day averaged volume of Danaos Corporation is 125300

Date	Daily Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	83.12	83.31	83.38	82.46	0.437 times
16 Wed Oct 2024	83.58	83.02	83.90	82.46	1.004 times
15 Tue Oct 2024	82.47	84.80	84.80	82.40	1.44 times
14 Mon Oct 2024	85.24	86.59	86.59	85.02	0.622 times
11 Fri Oct 2024	86.96	87.28	87.62	86.60	0.576 times
10 Thu Oct 2024	87.06	85.87	88.06	85.68	0.824 times
09 Wed Oct 2024	85.55	85.68	86.60	85.00	2.543 times
08 Tue Oct 2024	85.93	86.91	87.53	85.85	0.836 times
07 Mon Oct 2024	86.91	86.73	88.38	86.39	0.528 times
04 Fri Oct 2024	86.61	86.99	87.39	86.00	0.975 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 83.4, but if it comes above 83.4, then a intra day buy could be more profitable.
If you take a sell trade below 83.4, then use 83.4 as stoploss and 81.1 as target. However if you take a buy trade in stock , then use 83.4 as stoploss and 85.32 as target.

Share price targets for Danaos Corporation (DAC)

Target Type	Value
Downside Target	74.77
Downside Target	77.56
Downside Target	81.05
Upside Target	85.00
Upside Target	87.11
Upside Target	87.22
Upside Target	88.38
Upside Target	88.46
Upside Target	89.08
Upside Target	93.87
Upside Target	98.25

Intraday share price targets for Danaos Corporation (DAC)

Target Type	Value
Downside Intraday Target	81.48
Downside Intraday Target	79.85
Upside Intraday Target	85.67
Upside Intraday Target	88.23
Upside Intraday Target	84.04

Weekly technical analysis of Danaos Corporation (DAC)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Thu Oct 2024	83.12	86.59	86.59	82.40	0.66 times
11 Fri Oct 2024	86.96	86.73	88.38	85.00	1.466 times
04 Fri Oct 2024	86.61	86.20	88.46	85.59	0.697 times
27 Fri Sep 2024	85.98	81.16	87.11	81.05	1.343 times
20 Fri Sep 2024	80.74	78.81	82.00	78.80	1.204 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
17 Thu Oct 2024	83.12	86.37	88.46	82.40	0.679 times
30 Mon Sep 2024	86.74	81.71	87.22	74.77	0.928 times
30 Fri Aug 2024	82.04	85.87	86.27	77.56	1.145 times
31 Wed Jul 2024	86.49	93.87	93.87	82.40	0.88 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 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 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 green color and prices are in or below the green 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 85.19 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 positive

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