Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
In the most recent trading session, Danaos (DAC) closed at $71.96, indicating a -0.15% shift from the previous trading day.
Danaos, Costamare and Seanergy Maritime have been highlighted in this Industry Outlook article.
The increased demand for goods and services bodes well for the Transportation-Shipping industry. Stocks like Danaos (DAC), Costamare (CMRE) and Seanergy Maritime (SHIP) are likely to gain from this promising scenario.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
In the closing of the recent trading day, Danaos (DAC) stood at $72.26, denoting a -1.82% change from the preceding trading day.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
This shipping stock has bottomed out as earnings have turned to the upside.
While Danaos Corporation ( NYSE:DAC ) might not have the largest market cap around , it received a lot of attention...
SLG, DAC and CPG made it to the Zacks Rank #1 (Strong Buy) income stocks list on April 2, 2023.
DAC, CPG and MPC made it to the Zacks Rank #1 (Strong Buy) value stocks list on April 2, 2023.