Danaos (DAC, $84.15) RSI Indicator left the overbought zone on February 11, 2025

#MarineShipping, #TechnicalAnalysis, #RSI, #Bearish, #Stocks, #SmallCap
DAC - Danaos Corp
RSI signal
Bearish Trend
74%
Odds of DOWN Trend
Price: $84.15
Daily change: +$3.2 (+3.95%)
Daily volume: 269K
Capitalization: $1.6B
Industry: Marine Shipping

This is a signal that DAC's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 47 similar cases where DAC's RSI Indicator left the overbought zone, and in 35 of them led to a successful outcome. Odds of Success: 74%.