Should You Buy Danaos Corp (DAC) Today? Analysis, Price Targets, and 2026 Outlook.
Analysis Updated At
2026/01/28
BUY for a long-term beginner investor at the current ~$103 level. The chart trend is firmly bullish (rising moving averages + strengthening MACD), options positioning is modestly bullish (put/call ratios below 1 with elevated activity), and fundamentals in 2025/Q3 show continued YoY growth in revenue, net income, and EPS. While the stock is short-term overbought and sitting near resistance into the Feb-09 earnings event, the overall setup still supports buying now rather than waiting for a “perfect” dip.
Technical Analysis
Trend: Bullish. The moving average stack is positive (SMA_5 > SMA_20 > SMA_200), indicating strong upward momentum across short-, mid-, and long-term horizons.
Momentum: MACD histogram is positive (0.261) and expanding, supporting continuation of the uptrend.
Overbought risk: RSI_6 is 80.469 (overbought), which often precedes short pullbacks or sideways consolidation.
Levels: Pivot ~101.08 is the near-term line in the sand. Price (~103) is near R1 ~103.16 (immediate resistance) with the next upside level at R2 ~104.45. Supports sit at ~98.99 (S1) and ~97.70 (S2).
Near-term pattern odds (provided): +0.6% next day, -1.16% next week, +1.71% next month — consistent with a strong trend but some near-term cooling.