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Danaos Corporation

DAC Technical Analysis Summary (NYSE)

Analyze DAC on the NYSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

DAC●NYSE
IndustrialsMarine Shipping
$155.09
$2.02(1.32%)
U.S. Market is Open · 12:01

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 (NYSE)

Danaos Corporation (NYSE: DAC) stock currently shows a bullish trend on the NYSE, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 65.56)
Trend Strength:Strong (ADX: 32.99)
Volatility:Medium (ATR: 3.37)
Support/Resistance:$140.35 – $158.19 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 65.56

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 84.24

Bearish
Overbought levels may trigger pullback.

Williams %R: -15.07

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.71

Bullish
Steady upward momentum.

Takeaway:Danaos Corporation shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 4.13

Bullish
Bullish, trend momentum is strengthening.

ADX: 32.99

Strong
Strong trend, momentum well established.

ATR (14): 3.37

Medium
Medium volatility, healthy price movement.

CCI (14): 96.25

Bullish
Bullish, momentum building upward.

Takeaway:Danaos Corporation shows strong upward trend with solid momentum and healthy volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$158.19
Middle Band (SMA 20)
$149.27
Lower Band
$140.35
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$156.12
Middle Line (EMA 20)
$149.37
Lower Channel
$142.62
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume1.23M
Money Flow Index70.68Bullish, inflows support continued momentum.
Relative Vigor Index70.75Bullish, price momentum strongly favors buyers.

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 (NYSE: DAC), 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

MACD below signal line → short-term caution on momentum.

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

(NYSE: DAC) Technical Analysis FAQ