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Stock Trend Analysis Report

Prepared for you on Tuesday, November 30, 2021.

Danaos Corporation (NYSE:DAC)

Sidelines Mode (+55) - DAC is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
72.8100 73.1900 69.7000 71.5251 -0.2649
Entry Signal

MarketClub’s Trade Triangles for DAC

long term up The long-term trend has been UP since Aug 4th, 2020 at 4.8000

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 80.2100

short term up The short-term trend has been UP since Nov 29th, 2021 at 72.8999

Smart Scan Analysis for DAC

Based on our trend formula, DAC is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for DAC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
72.8100 73.1900 69.7000 71.5251 -0.2649
Prev. Close Volume Bid Ask Time
71.4400 281026 2021-11-29 15:59:58
Year High2.5Year High Date2018-07-09
Year Low1.01Year Low Date2018-10-30
52wk High89.413552wk High Date2021-09-02
52wk Low12.1352wk Low Date2020-12-02
Year End Close2.75Average Volume317,910
Shares Outstanding20,449Short Interest34,266
% Institutional5.4Market Cap112M
Assets357,860,500MLiabilities165,590,500M
P/E Ratio1.5833Beta1.51
Volatility69.06
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