Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Danaos Corporation (NYSE:DAC)

Strong Uptrend (+100) - DAC is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DAC continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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
86.00 86.46 85.50 86.29 -0.10
Entry Signal

MarketClub’s Trade Triangles for DAC

long term up The long-term trend has been UP since Nov 14th, 2024 at 88.4618

intermediate term up The intermediate-term trend has been UP since Nov 13th, 2024 at 85.7900

short term up The short-term trend has been UP since Nov 13th, 2024 at 83.7280

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
86.00 86.46 85.50 86.29 -0.10
Prev. Close Volume Bid Ask Time
86.33 76450 2024-11-19 15:59:32
Year High2.5Year High Date2018-07-09
Year Low1.01Year Low Date2018-10-30
52wk High98.2552wk High Date2024-06-03
52wk Low66.446352wk Low Date2023-12-13
Year End Close2.75Average Volume113,710
Shares Outstanding20,449Short Interest34,266
% Institutional5.4Market Cap112M
Assets425,381,800MLiabilities867,378,000M
P/E Ratio2.9913Beta1.51
Volatility69.06
Get a free daily analysis and signals for Danaos Corporation (DAC) - Request Your Free Report.