DAC NEWS why is Danaos Corporation price falling or rising

DAC NEWS reasons for why stock price of Danaos Corporation is falling or rising

DAC Danaos Corporation is falling or rising technical reasons

Technical analysis forecast for Danaos Corporation Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Danaos Corporation DAC at this time. Stock is falling and might fall more.

It appears as if Danaos Corporation DAC gave a large move recently.

Stock of Danaos Corporation (DAC) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

Although my analysis for Danaos Corporation is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 78.6, for a target of 81.3 or 83.54

DAC Danaos Corporation is falling or rising NEWS fundamental reasons

More announcements and NEWS

DAC Danaos Corporation current price & indicator signals

Moving Averages for Danaos Corporation

  • 5Day Average: 83.19
  • 12Day Average: 84.18
  • 20Day Average: 83.28
  • 50Day Average: 83.97
  • 100Day Average: 83.19
  • 150Day Average: 85.11
  • 200Day Average: 81.94

DAC Indicators & signals

Indicator MACD (12,26,9)

83.43, 83.53, 0.28
Indicator MACD is in negative zone

Indicator ADX (14)

5.26, 26.58, 29.54
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 51
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of DAC Danaos Corporation are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Tue Nov 2024 79.22 78.77 to 81.77 -2.03% 1.23 times
25 Mon Nov 2024 80.86 80.83 to 85.18 -5.88% 1.58 times
22 Fri Nov 2024 85.91 84.00 to 86.19 1.54% 0.51 times
21 Thu Nov 2024 84.61 83.02 to 84.89 -0.89% 0.64 times
20 Wed Nov 2024 85.37 84.66 to 87.47 -1.11% 0.74 times
19 Tue Nov 2024 86.33 85.50 to 86.46 -0.07% 0.53 times
18 Mon Nov 2024 86.39 86.00 to 87.38 0.73% 0.97 times
15 Fri Nov 2024 85.76 84.64 to 86.50 -0.17% 0.65 times
14 Thu Nov 2024 85.91 85.01 to 89.40 -0.14% 1.62 times
13 Wed Nov 2024 86.03 82.64 to 86.17 4.04% 1.51 times
12 Tue Nov 2024 82.69 80.25 to 83.73 1.95% 1.24 times
11 Mon Nov 2024 81.11 80.80 to 82.21 -1.04% 0.87 times

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DAC NEWS why is Danaos Corporation price falling or rising

 

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