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 6 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 part of the Marine Transportation industry. There are 32 other stocks in this industry. DAC outperforms 100% of them.
In the last month DAC has a been trading in the 65.40 - 83.02 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, DAC outperforms 63% of them, which is more or less in line with the market.
DAC is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
DAC has an average technical rating and also the quality of the setup is only medium 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
68.99
87.35
2 important support areas can be observed.
- A support zone ranging from 78.40 to 80.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 69.69 to 70.13. 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 84.72 to 86.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.51
Mansfield-0.04
10 Day High83.02
10 Day Low75.55
20 Day High83.02
20 Day Low65.4
52 Week High98.25
52 Week Low65.4
Performance
1 Week2.58%
2 Weeks7.88%
1 Month18.37%
3 Month2.49%
6 Month0.07%
12 Month-0.97%
2 Year40.61%
3 Year0.96%
5 Year1935.24%
10 Year-10.14%
15 Year45.01%
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)0.77
RSI(14)59.9
LBB74.36
UBB83.82
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 |
|---|---|---|---|
| 83.03 | 78.39 | 4.64 (5.58%) | 17.91% |
| An entry @83.03. This is a Buy Stop order right above the 10 day high. | An exit @78.39. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.64 points, which is 5.58%. | When investing 17.91% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
82.02
-0.45 (-0.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.55%
1 Week2.58%
2 Weeks7.88%
1 Month18.37%
3 Month2.49%
6 Month0.07%
12 Month-0.97%
2 Year40.61%
3 Year0.96%
5 Year1935.24%
10 Year-10.14%
15 Year45.01%
Volatility
ATR(14)1.93
ATR(20)%3.67%
ATR Inc-8.27%
Range Today1.87
ADR(20)2.77
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.51
Mansfield-0.04
10 Day High83.02
10 Day Low75.55
20 Day High83.02
20 Day Low65.4
52 Week High98.25
52 Week Low65.4
CS1 End80.36
CR1 Start84.72
Volume & EV
DER(3)-3.18%
DER(5)-2.47%
Volume45.90K
Volume Incr-53.8%
Vol(5)53.02K
Vol(50)94.21K