SAFE BULKERS INC (SB) Stock Technical Analysis
NYSE:SB - New York Stock Exchange, Inc. - MHY7388L1039 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to SB. In the past year, SB was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
81% of all other stocks performed better in the past year than SB.
SB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month SB has a been trading in the 3.32 - 3.93 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
SB is part of the Marine Transportation industry. There are 29 other stocks in this industry, SB did better than 67% of them.
SB has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.34
4.07
2 important support areas can be observed.
- A support zone ranging from 3.58 to 3.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.37 to 3.40. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.82 from a horizontal line in the daily time frame.
- Resistance @4.03 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.32
Mansfield-2.66
10 Day High3.93
10 Day Low3.54
20 Day High3.93
20 Day Low3.32
52 Week High6.33
52 Week Low3.31
Performance
1 Week3.32%
2 Weeks3.32%
1 Month9.38%
3 Month-10.55%
6 Month-24.95%
12 Month-17.66%
2 Year-0.53%
3 Year-10.77%
5 Year182.58%
10 Year-1.58%
15 Year-53.32%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)56.9
LBB3.49
UBB3.8
3.73
-0.08 (-2.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-2.1%
1 Week3.32%
2 Weeks3.32%
1 Month9.38%
3 Month-10.55%
6 Month-24.95%
12 Month-17.66%
2 Year-0.53%
3 Year-10.77%
5 Year182.58%
10 Year-1.58%
15 Year-53.32%
Volatility
ATR(14)0.13
ATR(20)%3.46%
ATR Inc53.01%
Range Today0.2
ADR(20)0.12
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.32
Mansfield-2.66
10 Day High3.93
10 Day Low3.54
20 Day High3.93
20 Day Low3.32
52 Week High6.33
52 Week Low3.31
CS1 End3.72
CR1 Start3.82
Volume & EV
DER(3)7.89%
DER(5)4.24%
Volume800.20K
Volume Incr-0.48%
Vol(5)677.66K
Vol(50)673.57K