(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.
10 day averaged volume of Danaos Corporation is 78560
| Date | Daily Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 73.98 | 73.58 | 74.40 | 73.06 | 0.499 times |
| 24 Wed Apr 2024 | 73.91 | 74.60 | 74.86 | 73.63 | 1.043 times |
| 23 Tue Apr 2024 | 74.33 | 73.90 | 74.91 | 73.89 | 1.146 times |
| 22 Mon Apr 2024 | 73.89 | 72.95 | 74.00 | 72.72 | 1.037 times |
| 19 Fri Apr 2024 | 72.96 | 71.96 | 72.97 | 71.85 | 1.1 times |
| 18 Thu Apr 2024 | 71.96 | 72.54 | 72.92 | 71.79 | 0.994 times |
| 17 Wed Apr 2024 | 72.07 | 72.47 | 72.80 | 71.92 | 0.945 times |
| 16 Tue Apr 2024 | 72.32 | 72.38 | 72.65 | 71.32 | 1.082 times |
| 15 Mon Apr 2024 | 72.38 | 72.58 | 73.29 | 72.15 | 0.998 times |
| 12 Fri Apr 2024 | 72.26 | 73.64 | 73.64 | 72.15 | 0.838 times |
My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 74 as stoploss in an intra day sell trade for a target of 73.15. However, stock will show a bullish move above 74.
Share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Target | 66.45 |
| Downside Target | 69.33 |
| Downside Target | 73.29 |
| Upside Target | 74.00 |
| Upside Target | 74.78 |
| Upside Target | 74.91 |
| Upside Target | 74.93 |
| Upside Target | 75.42 |
| Upside Target | 77.44 |
| Upside Target | 80.39 |
Intraday share price targets for Danaos Corporation (DAC)
| Target Type | Value |
| Downside Intraday Target | 72.83 |
| Downside Intraday Target | 71.68 |
| Upside Intraday Target | 75.02 |
| Upside Intraday Target | 76.06 |
| Downside Intraday Target | 73.87 |
Weekly technical analysis of Danaos Corporation (DAC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 25 Thu Apr 2024 | 73.98 | 72.95 | 74.91 | 72.72 | 0.728 times |
| 19 Fri Apr 2024 | 72.96 | 72.58 | 73.29 | 71.32 | 0.951 times |
| 12 Fri Apr 2024 | 72.26 | 73.67 | 74.93 | 72.15 | 0.897 times |
| 05 Fri Apr 2024 | 73.90 | 72.20 | 75.42 | 71.92 | 1.596 times |
| 28 Thu Mar 2024 | 72.20 | 71.55 | 73.10 | 71.55 | 0.639 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 |
| 25 Thu Apr 2024 | 73.98 | 72.20 | 75.42 | 71.32 | 0.857 times |
| 28 Thu Mar 2024 | 72.20 | 72.17 | 73.10 | 69.33 | 0.87 times |
| 29 Thu Feb 2024 | 71.95 | 76.77 | 77.44 | 70.10 | 0.788 times |
| 31 Wed Jan 2024 | 76.28 | 74.13 | 80.39 | 74.00 | 1.098 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 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer 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
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 and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Danaos Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 73 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 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 is giving positive 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.
Price action analysis of Danaos Corporation ( (DAC) ) based on a short 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 short 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 short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Danaos Corporation ( (DAC) ) based on a mid to longer 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
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 and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Danaos Corporation in short term but SELL signal is weak.
RSI is generating a BUY signal in short term but buying 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 73 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 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 is giving positive 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.