Technical Analysis for DAC - Danaos Corporation

Grade Last Price % Change Price Change
D 59.12 1.76% 1.02
DAC closed down 2.09 percent on Monday, January 30, 2023, on 58 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: Feb 6
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Up Up

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 1.76%
Overbought Stochastic Strength 1.76%
Pocket Pivot Bullish Swing Setup -0.37%
Above Upper BB Strength -0.37%
Overbought Stochastic Strength -0.37%
Upper Bollinger Band Touch Strength -0.37%
Stochastic Sell Signal Bearish 3.28%
Hammer Candlestick Bullish 3.28%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 3.28%
Outside Day Range Expansion 3.28%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible NR7 34 minutes ago
Possible Inside Day 34 minutes ago
Up 2% about 3 hours ago
60 Minute Opening Range Breakout about 4 hours ago
Up 1% about 5 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 Container Ship Seaborne Transportation Services 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 107.42
52 Week Low 51.1
Average Volume 156,554
200-Day Moving Average 65.45
50-Day Moving Average 55.07
20-Day Moving Average 55.75
10-Day Moving Average 57.34
Average True Range 1.78
RSI 58.68
ADX 15.95
+DI 25.74
-DI 17.03
Chandelier Exit (Long, 3 ATRs) 54.11
Chandelier Exit (Short, 3 ATRs) 57.32
Upper Bollinger Bands 59.45
Lower Bollinger Band 52.05
Percent B (%b) 0.82
BandWidth 13.27
MACD Line 0.98
MACD Signal Line 0.64
MACD Histogram 0.3442
Fundamentals Value
Market Cap 1.19 Billion
Num Shares 20.5 Million
EPS 6.18
Price-to-Earnings (P/E) Ratio 9.40
Price-to-Sales 0.65
Price-to-Book 0.26
PEG Ratio 0.52
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 60.27
Resistance 3 (R3) 60.48 59.97 59.91
Resistance 2 (R2) 59.97 59.41 59.86 59.79
Resistance 1 (R1) 59.03 59.07 58.77 58.82 59.67
Pivot Point 58.52 58.52 58.39 58.41 58.52
Support 1 (S1) 57.58 57.96 57.33 57.38 56.53
Support 2 (S2) 57.07 57.62 56.96 56.41
Support 3 (S3) 56.13 57.07 56.29
Support 4 (S4) 55.93