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Danaos Corporation

DAC•NYSE
Industrials
Marine Shipping
$107.69
$0.00(0.00%)
U.S. Market is Open • 15:50

Danaos Corporation (DAC) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Danaos Corporation (NYSE:DAC).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

DAC Technical Analysis Summary

Danaos Corporation stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 71.58)
Trend Strength:Strong (ADX: 37.40)
Volatility:Medium (ATR: 2.34)
Support/Resistance:$98.83 – $109.76 (Bollinger Bands)

Technical conditions suggest Danaos Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 71.58

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 92.30

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 6.31

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 2.44

Bullish
Bullish, trend momentum is strengthening.

ADX: 37.40

Strong
Strong trend, momentum well established.

ATR (14): 2.34

Medium
Medium volatility, healthy price movement.

CCI (14): 121.70

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Danaos Corporation shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$109.76
Middle Band (SMA 20)
$104.29
Lower Band
$98.83
Current Position
Within Bands

Takeaway:Danaos Corporation trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$109.31
Middle Line (EMA 20)
$104.64
Lower Channel
$99.97
Squeeze Status
No Squeeze

Takeaway:Danaos Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume668.87K
Money Flow Index65.66Bullish, inflows support continued momentum.
Relative Vigor Index58.65Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DAC shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Danaos Corporation, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Danaos Corporation stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ