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Stock Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

Danaos Corp (NYSE:DAC)

Strong Downtrend (-100) - DAC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid DAC?

MarketClub looks at technical strength and momentum to determine if the timing is right for DAC.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NYSE_DAC
Open High Low DAC Price Change
3.510 3.700 3.450 3.475 +0.195
Entry Signal

MarketClub’s Trade Triangles for DAC

long term down The long-term trend has been DOWN since Nov 22nd, 2019 at 6.6500

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2020 at 5.5101

short term down The short-term trend has been DOWN since Apr 1st, 2020 at 3.7600

Smart Scan Analysis for DAC

Based on our trend formula, DAC is rated as a -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
3.510 3.700 3.450 3.475 +0.195
Prev. Close Volume Bid Ask Time
4.080 126232 2020-04-06 15:59:28
Year High2.5Year High Date2018-07-09
Year Low1.01Year Low Date2018-10-30
52wk High14.1452wk High Date2019-04-09
52wk Low2.552wk Low Date2020-03-20
Year End Close2.75Average Volume127,952
Shares Outstanding15,237Short Interest34,266
% Institutional5.4Market Cap112M
Assets268,301,900MLiabilities180,132,900M
Beta1.51Volatility69.06
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