(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 2024-11-12 View latest technical analysis
10 day averaged volume of Danaos Corporation is 87410
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 82.69 | 80.36 | 83.73 | 80.25 | 2.278 times |
| 11 Mon Nov 2024 | 81.11 | 81.60 | 82.21 | 80.80 | 1.596 times |
| 08 Fri Nov 2024 | 81.96 | 82.77 | 82.77 | 81.54 | 1.075 times |
| 07 Thu Nov 2024 | 82.97 | 82.23 | 83.67 | 81.64 | 1.034 times |
| 06 Wed Nov 2024 | 82.10 | 82.24 | 82.24 | 80.33 | 1.145 times |
| 05 Tue Nov 2024 | 82.54 | 81.57 | 83.00 | 81.57 | 0.59 times |
| 04 Mon Nov 2024 | 81.75 | 81.95 | 82.58 | 81.34 | 0.842 times |
| 01 Fri Nov 2024 | 81.95 | 82.55 | 83.76 | 81.77 | 0.956 times |
| 31 Thu Oct 2024 | 82.01 | 80.33 | 82.14 | 80.12 | 0.866 times |
| 30 Wed Oct 2024 | 80.04 | 80.49 | 82.08 | 79.64 | 1.232 times |
Stock of Danaos Corporation (DAC) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bullish for shortterm, and stock might move up till 83.8 or till 85.4. Use a stoploss of 82.53 and if this stock hits its stoploss, then it can fall down till 81.23
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 74.77 |
| Downside Target | 77.56 |
| Downside Target | 79.64 |
| Upside Target | 83.76 |
| Upside Target | 85.79 |
| Upside Target | 86.27 |
| Upside Target | 86.59 |
| Upside Target | 87.22 |
| Upside Target | 88.46 |
| Upside Target | 93.87 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 80.72 |
| Downside Intraday Target | 78.74 |
| Upside Intraday Target | 84.2 |
| Upside Intraday Target | 85.7 |
| Downside Intraday Target | 82.22 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Tue Nov 2024 | 82.69 | 81.60 | 83.73 | 80.25 | 0.826 times |
| 08 Fri Nov 2024 | 81.96 | 81.95 | 83.67 | 80.33 | 1.011 times |
| 01 Fri Nov 2024 | 81.95 | 82.85 | 83.76 | 79.64 | 0.826 times |
| 25 Fri Oct 2024 | 82.84 | 84.15 | 85.79 | 81.26 | 0.915 times |
| 18 Fri Oct 2024 | 84.42 | 86.59 | 86.59 | 82.40 | 0.807 times |
Price has moved up 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 |
| 12 Tue Nov 2024 | 82.69 | 82.55 | 83.76 | 80.25 | 0.35 times |
| 31 Thu Oct 2024 | 82.01 | 86.37 | 88.46 | 79.64 | 1.101 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 |
Scroll below to view daily charts
Price has moved up 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Danaos Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 81.9 and Danaos Corporation (DAC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 BUY. Signal strength is Weak and stock is losing 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up
CCI has generated a buy signal for Danaos Corporation in short term and BUY signal is strong.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in negative zone. This is the SELL 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 81.9 and Danaos Corporation (DAC) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.