Danaos (DAC, $79.51) Moving Average Convergence Divergence (MACD) Histogram turned negative on February 27, 2025

#MarineShipping, #TechnicalAnalysis, #MACD, #Bearish, #Stocks, #SmallCap
DAC - Danaos Corp
MACD signal
Bearish Trend
73%
Odds of DOWN Trend
Price: $79.51
Daily change: -$2.25 (-2.75%)
Daily volume: 126.4K
Capitalization: $1.5B
Industry: Marine Shipping

This is a Bearish indicator signaling DAC's price could decline from here. Traders may explore shorting the stock or put options. A.I. dvisor identified 48 similar cases where DAC's MACD histogram became negative, and 35 of them led to successful outcomes. Odds of Success: 73%.