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DANAOS CORP (DAC) Stock Technical Analysis

NYSE:DAC - New York Stock Exchange, Inc. - MHY1968P1218 - Common Stock - Currency: USD

93.69  -0.29 (-0.31%)

Technical Rating and Analysis

8

Overall DAC gets a technical rating of 8 out of 10. Although DAC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.
DAC is one of the better performing stocks in the Marine Transportation industry, it outperforms 85% of 36 stocks in the same industry.
DAC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month DAC has a been trading in the 85.37 - 93.98 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, DAC did better than 71% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
DANAOS CORP / DAC Weekly stock chart
DANAOS CORP / DAC Daily stock chart
Setup Rating and Analysis

3

Although DAC has an excellent technical rating, it does not offer a high quality setup 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.

Support and Resistance Analysis

69.43

94.93

5 important support areas can be observed.

  • A support zone ranging from 89.75 to 91.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 87.42 to 88.10. 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.
  • Support @83.63 from a horizontal line in the daily time frame.
  • A support zone ranging from 70.13 to 70.66. This zone is formed by a combination of multiple trend lines in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 93.99 to 93.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for DAC is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for DAC is up.
ChartMill Relative Strength71.11POSITIVEDAC has a high relative strength, it outperformed 71.11% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of DAC is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of DAC is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of DAC is above the rising SMA(200).
Relative Strength Index/RSI (14)68.92NEUTRALThe RSI value for DAC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.35POSITIVEThe MACD value suggests DAC has a positive trend.
Stochastics (14,3)97.74OVERBOUGHTThe high Stochastics value suggests DAC may be overbought.
Average True Range in percent/ATR (20)1.92LOW VOLATILITYThe low ATR as a percentage value for DAC suggests low volalility.
Average Directional Index/ADX (14)23NEUTRALThe ADX value for DAC suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
DANAOS CORP / DAC Daily stock chart

DANAOS CORP

NYSE:DAC (7/30/2025, 3:10:16 PM)

93.69

-0.29 (-0.31%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.31%
1 Week4.28%
2 Weeks6.25%
1 Month8.97%
3 Month13.96%
6 Month18.62%
12 Month14.43%
2 Year33.46%
3 Year28.51%
5 Year2585.14%
10 Year11.32%
15 Year61.37%
Volatility
ATR(14)1.64
ATR(20)%1.92%
ATR Inc-8.91%
Range Today0
ADR(20)1.8
ADR(20)%1.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.11
Mansfield0.45
10 Day High93.98
10 Day Low87.18
20 Day High93.98
20 Day Low85.37
52 Week High93.98
52 Week Low65.4
CS1 End91.21
CR1 Start93.99
Volume & EV
DER(3)3.77%
DER(5)3.13%
Volume125
Volume Incr-35.66%
Vol(5)52.98K
Vol(50)85.20K