Technical Analysis for DAC - Danaos Corporation

Grade Last Price % Change Price Change
A 81.11 1.25% 1.00
DAC closed up 1.25 percent on Wednesday, May 8, 2024, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 13
*** please verify all earnings dates ***
4 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bullish Other 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%

   Recent Intraday Alerts

Alert Time
Up 1% about 19 hours ago
60 Minute Opening Range Breakout about 21 hours ago
Rose Above Previous Day's High about 22 hours ago
New 52 Week High about 22 hours ago
Fell Below Upper Bollinger Band about 22 hours ago

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Profile

Danaos Corporation engages in the ownership and operation of containerships, as well as chartering of its vessels to liner companies in Greece and internationally. The company primarily offers seaborne transportation services. As of February 22, 2013, it had a fleet of 63 containerships aggregating 360,004 twenty foot equivalent units. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1972 and is based in Piraeus, Greece.
Classification

Sector: Industrials
Industry: Shipping & Ports
Keywords: Transport Freight Transport Seaborne Transportation Seaborne Transportation Services Container Ship Piraeus

Is DAC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 81.14
52 Week Low 53.5255
Average Volume 87,351
200-Day Moving Average 69.49
50-Day Moving Average 73.15
20-Day Moving Average 75.21
10-Day Moving Average 77.44
Average True Range 1.36
RSI (14) 80.28
ADX 31.31
+DI 39.49
-DI 8.95
Chandelier Exit (Long, 3 ATRs) 77.07
Chandelier Exit (Short, 3 ATRs) 75.39
Upper Bollinger Bands 80.71
Lower Bollinger Band 69.71
Percent B (%b) 1.04
BandWidth 14.63
MACD Line 1.88
MACD Signal Line 1.24
MACD Histogram 0.6314
Fundamentals Value
Market Cap 1.58 Billion
Num Shares 19.4 Million
EPS 28.81
Price-to-Earnings (P/E) Ratio 2.82
Price-to-Sales 1.48
Price-to-Book 0.50
PEG Ratio 0.52
Dividend 3.05
Dividend Yield 3.76%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 82.88
Resistance 3 (R3) 82.69 81.92 82.59
Resistance 2 (R2) 81.92 81.47 82.01 82.49
Resistance 1 (R1) 81.51 81.19 81.72 81.70 82.39
Pivot Point 80.74 80.74 80.84 80.83 80.74
Support 1 (S1) 80.33 80.29 80.54 80.52 79.83
Support 2 (S2) 79.56 80.01 79.65 79.73
Support 3 (S3) 79.15 79.56 79.64
Support 4 (S4) 79.34