DANAOS CORP (DAC) Stock Technical Analysis
NYSE:DAC - New York Stock Exchange, Inc. - MHY1968P1218 - Common Stock - Currency: USD
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.
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.
More info and screens
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.
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 | 71.11 | POSITIVE | DAC has a high relative strength, it outperformed 71.11% 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) | 68.92 | NEUTRAL | The RSI value for DAC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.35 | POSITIVE | The MACD value suggests DAC has a positive trend. |
| Stochastics (14,3) | 97.74 | OVERBOUGHT | The high Stochastics value suggests DAC may be overbought. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for DAC suggests low volalility. |
| Average Directional Index/ADX (14) | 23 | NEUTRAL | The ADX value for DAC suggests a possible start of a new trend. |
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)
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