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Is DAC likely to continue higher? New Uptrend shows up after climbing 0.75%

Danaos Corporation (DAC) — Nightly Technical Analysis · Aug 20, 2026, 20:05 ET
DAC posted a 0.75% gain on Thursday, August 20th, accompanied by 0.9× normal trading volume. Multiple bullish signals emerged — New 52 Week High, New Uptrend, Upper Bollinger Band Walk & New 52 Week Closing High — suggesting potential strength ahead. Key support levels exist at 147.32, 145.93 & 144.69, with resistance at 149.95, 151.19 & 152.58. Technical indicators like Slow Stochastic reveal overbought momentum right now.

Current SwingTradeBot Technical Rating of DAC: A

Today’s move could mean more—check all the signals for DAC on SwingTradeBot.

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Danaos Corporation (DAC)