DANAOS CORP (DAC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DAC - MHY1968P1218 - Common Stock
Taking everything into account, DAC scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, DAC is showing a nice and steady performance.
Although DAC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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4 important support areas can be observed.
- A support zone ranging from 91.36 to 95.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @85.70 from a horizontal line in the daily time frame.
- A support zone ranging from 84.05 to 84.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @70.13 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 98.84 to 98.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for DAC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for DAC is up. |
| ChartMill Relative Strength | 81.36 | POSITIVE | DAC has a high relative strength, it outperformed 81.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of DAC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of DAC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of DAC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.39 | NEUTRAL | The RSI value for DAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.38 | POSITIVE | The MACD value suggests DAC has a positive trend. |
| Stochastics (14,3) | 89.12 | OVERBOUGHT | The high Stochastics value suggests DAC may be overbought. |
| Average True Range in percent/ATR (20) | 1.79 | LOW VOLATILITY | The low ATR as a percentage value for DAC suggests low volalility. |
| Average Directional Index/ADX (14) | 17.42 | NEGATIVE | The low ADX value for DAC suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 98.85 | 93.33 | 5.52 (5.58%) | 17.91% |
| An entry @98.85. This is a Buy Stop order right above the resistance zone. | An exit @93.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.52 points, which is 5.58%. | For a 1.00% total portfolio risk, you can invest 17.91% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:DAC (1/9/2026, 11:12:33 AM)
98
-0.83 (-0.84%)
DANAOS CORP / DAC FAQ
What is the technical rating for DAC stock?
ChartMill assigns a technical rating of 10 / 10 to DAC.
What is the trend direction for DAC stock?
The current trend direction for DANAOS CORP (DAC) is Bullish.
Can you provide the RSI signal for DANAOS CORP?
DANAOS CORP (DAC) has an RSI value of 65.3903. This indicates that the stock is currently neutral.
What is the short term momentum for DAC stock?
The short term momentum for DANAOS CORP (DAC) is positive.
What is the buy/sell signal for DANAOS CORP (DAC) stock?
The buy/sell signal for DANAOS CORP (DAC) is buy as both the short term and long term trends are positive.