DANAOS CORP (DAC)

MHY1968P1218 - Common Stock

78.54  +1.99 (+2.6%)

After market: 78.54 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, DAC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, DAC has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that DAC is one of the better performing stocks in the market, outperforming 84% of all stocks. We also observe that the gains produced by DAC over the past year are nicely spread over this period.
DAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so DAC is leading the market.
In the last month DAC has a been trading in the 71.32 - 78.80 range, which is quite wide. It is currently trading near the high of this range.
DAC is an average performer in the Marine Transportation industry, it outperforms 42% of 29 stocks in the same industry.
Weekly and Daily overview Charts
DAC Weekly chart
DAC Daily chart
Setup Rating and Analysis

0

Although DAC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

68.01

80.16

When analyzing the support we notice one important area.

  • A support zone ranging from 68.70 to 74.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 79.37 to 79.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.23
Mansfield0.25
10 Day High78.8
10 Day Low72.72
20 Day High78.8
20 Day Low71.32
52 Week High80.39
52 Week Low55.71
Performance
1 Week4.43%
2 Weeks7.65%
1 Month6.28%
3 Month5.71%
6 Month18.12%
12 Month38.98%
2 Year-3.32%
3 Year23.24%
5 Year548.56%
10 Year-5.71%
15 Year36.17%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.45
RSI(14)73.95
LBB70.72
UBB78.67
DAC Daily chart

DANAOS CORP

NYSE:DAC (5/3/2024, 7:04:00 PM)

After market: 78.54 0 (0%)

78.54

+1.99 (+2.6%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg2.6%
1 Week4.43%
2 Weeks7.65%
1 Month6.28%
3 Month5.71%
6 Month18.12%
12 Month38.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.33
ATR(20)%1.67%
ATR Inc
Range Today1.43
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High78.8
10 Day Low72.72
20 Day High78.8
20 Day Low71.32
52 Week High80.39
52 Week Low55.71
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume124.10K
Volume Incr5.1%
Vol(5)87.14K
Vol(50)86.64K