Danaos Stock Technical Analysis

Danaos Analyst Consensus

Overlap Analysis View

Forecast Models View

Price Shifting View

Volatility Indicators View

Value Movement View

A focus of Danaos technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Danaos trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Danaos Technical Analysis

Danaos Trend Analysis

Use this graph to draw trend lines for Danaos. You can use it to identify possible trend reversals for Danaos as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Danaos price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Danaos Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Danaos applied against its price change over selected period. The best fit line has a slop of   0.03  , which may imply that the returns on investment in Danaos will continue to fail. It has 122 observation points and a regression sum of squares at 24.29, which is the sum of squared deviations for the predicted Danaos price change compared to its average price change.

Most technical analysis of Danaos help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Danaos from various momentum indicators to cycle indicators. When you analyze Danaos charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

When running Danaos' price analysis, check to measure Danaos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaos is operating at the current time. Most of Danaos' value examination focuses on studying past and present price action to predict the probability of Danaos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaos' price. Additionally, you may evaluate how the addition of Danaos to your portfolios can decrease your overall portfolio volatility.