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 4 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.
79% 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. The S&P500 Index however is trading in the upper part of its 52 week range, so SB is lagging the market.
The long term trend is still neutral, 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 32 other stocks in this industry. SB outperforms 70% of them.
In the last month SB has a been trading in the 3.32 - 4.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SB has an average technical rating and it also does not offer a high quality setup 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
3.15
4.00
We found 2 important support areas.
- A support zone ranging from 3.53 to 3.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.18 to 3.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.81 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 3.91 to 3.96. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for SB is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for SB is up. |
| ChartMill Relative Strength | 21.59 | NEGATIVE | SB has a low relative strength, it was outperformed by 78.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SB is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.24 | NEUTRAL | The RSI value for SB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.62 | NEUTRAL | The Stochastics value for SB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for SB suggests some volalility. |
| Average Directional Index/ADX (14) | 23.2 | NEUTRAL | The ADX value for SB suggests a possible start of a new trend. |
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)
NYSE:SB (5/23/2025, 11:46:02 AM)
3.615
-0.01 (-0.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.41%
1 Week-2.16%
2 Weeks6.14%
1 Month8.04%
3 Month-2.68%
6 Month-12.95%
12 Month-32.78%
2 Year14.51%
3 Year-23.74%
5 Year255.88%
10 Year9.01%
15 Year-51.28%
Volatility
ATR(14)0.12
ATR(20)%3.02%
ATR Inc10.7%
Range Today0.1
ADR(20)0.1
ADR(20)%2.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.59
Mansfield-1.82
10 Day High4.03
10 Day Low3.37
20 Day High4.03
20 Day Low3.32
52 Week High6.33
52 Week Low3.02
CS1 End3.57
CR1 Start3.81
Volume & EV
DER(3)-3.62%
DER(5)-2.27%
Volume185.19K
Volume Incr43.41%
Vol(5)509.90K
Vol(50)515.60K