Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for DAC
The long-term trend has been DOWN since Nov 22nd, 2019 at 6.6500
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 5.5101
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).
| 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 High | 2.5 | Year High Date | 2018-07-09 |
| Year Low | 1.01 | Year Low Date | 2018-10-30 |
| 52wk High | 14.14 | 52wk High Date | 2019-04-09 |
| 52wk Low | 2.5 | 52wk Low Date | 2020-03-20 |
| Year End Close | 2.75 | Average Volume | 127,952 |
| Shares Outstanding | 15,237 | Short Interest | 34,266 |
| % Institutional | 5.4 | Market Cap | 112M |
| Assets | 268,301,900M | Liabilities | 180,132,900M |
| Beta | 1.51 | Volatility | 69.06 |