DANAOS CORP (DAC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:DAC - MHY1968P1218 - Common Stock
Overall DAC gets a technical rating of 10 out of 10. 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, it does not present a decent entry opportunity 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.
More info and screens
69.43
We found 4 important support areas.
- A support zone ranging from 91.36 to 95.92. 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 98.74 to 98.83. 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 | 80.81 | POSITIVE | DAC has a high relative strength, it outperformed 80.81% 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) | 64.84 | NEUTRAL | The RSI value for DAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests DAC has a positive trend. |
| Stochastics (14,3) | 93.62 | OVERBOUGHT | The high Stochastics value suggests DAC may be overbought. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for DAC suggests low volalility. |
| Average Directional Index/ADX (14) | 18.45 | NEGATIVE | The low ADX value for DAC suggests a weak or negative trend. |
NYSE:DAC (1/9/2026, 8:04:00 PM)
98.73
-0.1 (-0.1%)
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 64.8415. 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.