Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Danaos Corp (NYSE:DAC)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NYSE_DAC
Open High Low DAC Price Change
0.8799 0.9200 0.8600 0.8750 +0.0250
Entry Signal

MarketClub’s Trade Triangles for DAC

long term down The long term trend has been DOWN since Oct 2nd, 2018 at 1.20

intermediate term down The intermediate term trend has been DOWN since Oct 29th, 2018 at 1.05

short term down The short term trend has been DOWN since Nov 30th, 2018 at 1.05

Smart Scan Analysis for DAC

Based on a pre-defined weighted trend formula for chart analysis, DAC scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for DAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.8799 0.9200 0.8600 0.8750 +0.0250
Prev. Close Volume Bid Ask Time
1.1 37615 2018-12-12 15:51:08
Year High2.5Year High Date2018-07-09
Year Low1.01Year Low Date2018-10-30
52wk High2.552wk High Date2018-07-09
52wk Low1.0152wk Low Date2018-10-30
Year End Close2.75Average Volume50,727
Shares Outstanding109,604Short Interest34,266
% Institutional5.4Assets93.3M
Liabilities231.7MBeta1.51
Volatility69.06
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