SAFE BULKERS INC (SB) Stock Technical Analysis
NYSE:SB - New York Stock Exchange, Inc. - MHY7388L1039 - Common Stock
Overall SB gets a technical rating of 0 out of 10. SB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, SB is a bad performer in the overall market: 87% of all stocks are doing better.
SB is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month SB has a been trading in the 3.37 - 3.74 range, which is quite wide. It is currently trading near the lows of this range.
SB is an average performer in the Marine Transportation industry, it outperforms 50% of 29 stocks in the same industry.
Although the technical rating is bad, SB does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 3.38, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.35
4.29
When analyzing the support we notice one important area.
- A support zone ranging from 3.38 to 3.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.47 to 3.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.67 from a horizontal line in the daily time frame.
- Resistance @4.25 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
CRS13.52
Mansfield-3.51
10 Day High3.6
10 Day Low3.37
20 Day High3.74
20 Day Low3.37
52 Week High6.33
52 Week Low3.37
Performance
1 Week-4.51%
2 Weeks-4.24%
1 Month-5.31%
3 Month-20.42%
6 Month-37.8%
12 Month-18.12%
2 Year3.04%
3 Year-2.87%
5 Year160.77%
10 Year-5.57%
15 Year-57.14%
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)0.01
RSI(14)36.36
LBB3.34
UBB3.66
SAFE BULKERS INC
NYSE:SB (1/22/2025, 11:37:27 AM)
3.3809
-0.01 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.27%
1 Week-4.51%
2 Weeks-4.24%
1 Month-5.31%
3 Month-20.42%
6 Month-37.8%
12 Month-18.12%
2 Year3.04%
3 Year-2.87%
5 Year160.77%
10 Year-5.57%
15 Year-57.14%
Volatility
ATR(14)0.12
ATR(20)%3.68%
ATR Inc-32.26%
Range Today0.05
ADR(20)0.12
ADR(20)%3.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.52
Mansfield-3.51
10 Day High3.6
10 Day Low3.37
20 Day High3.74
20 Day Low3.37
52 Week High6.33
52 Week Low3.37
CS1 End3.38
CR1 Start3.47
Volume & EV
DER(3)4.87%
DER(5)2.74%
Volume236.15K
Volume Incr-22.13%
Vol(5)526.48K
Vol(50)686.10K