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(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 96420

Date Daily Closing Price Open High Low Volume
18 Mon Mar 2024 70.15 70.08 70.53 69.46 0.849 times
15 Fri Mar 2024 70.13 70.04 70.80 69.68 1.005 times
14 Thu Mar 2024 70.04 70.35 70.74 69.80 0.804 times
13 Wed Mar 2024 70.81 71.57 71.68 70.70 0.767 times
12 Tue Mar 2024 71.74 70.72 71.77 70.54 0.866 times
11 Mon Mar 2024 70.42 70.57 70.64 70.03 0.798 times
08 Fri Mar 2024 70.60 71.16 71.93 70.40 1.233 times
07 Thu Mar 2024 71.45 71.15 71.98 71.09 0.833 times
06 Wed Mar 2024 71.43 69.60 71.75 69.60 1.062 times
05 Tue Mar 2024 69.62 69.74 71.18 69.53 1.012 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 70.2, but if it comes above 70.2, then a intra day buy could be more profitable.
If you take a sell trade below 70.2, then use 70.2 as stoploss and 68.9 as target. However if you take a buy trade in stock , then use 70.2 as stoploss and 71.36 as target.

Share price targets for Danaos Corporation (DAC)

Target Type Value
Downside Target 62.37
Downside Target 66.45
Downside Target 69.46
Upside Target 72.46
Upside Target 72.80
Upside Target 73.53
Upside Target 73.57
Upside Target 74.00
Upside Target 74.78
Upside Target 77.44
Upside Target 80.39

Intraday share price targets for Danaos Corporation (DAC)

Target Type Value
Downside Intraday Target 69.56
Downside Intraday Target 68.98
Upside Intraday Target 70.63
Upside Intraday Target 71.12
Downside Intraday Target 70.05

Weekly technical analysis of Danaos Corporation (DAC)

Date Weekly Closing Price Open High Low Volume
18 Mon Mar 2024 70.15 70.08 70.53 69.46 0.2 times
15 Fri Mar 2024 70.13 70.57 71.77 69.68 0.736 times
08 Fri Mar 2024 70.60 72.46 72.46 69.53 1.274 times
01 Fri Mar 2024 72.46 73.46 73.57 71.65 1.086 times
23 Fri Feb 2024 73.40 71.64 73.53 70.10 0.633 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
18 Mon Mar 2024 70.15 72.17 72.80 69.46 0.553 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
29 Fri Dec 2023 74.06 70.40 74.78 66.45 0.985 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 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 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 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 moving up

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 and selling is picking up 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 70.63 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 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 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 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 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 moving up

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 and selling is picking up 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 70.63 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.

Daily charts

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Daily chart
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