SAFE BULKERS INC (SB) Technical Analysis
NYSE:SB • MHY7388L1039
Current stock price
6.27 USD
+0.22 (+3.64%)
At close:
6.27 USD
0 (0%)
After Hours:
SB Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to SB. Both in the recent history as in the last year, SB has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, SB did better than 92% of all other stocks. We also observe that the gains produced by SB over the past year are nicely spread over this period.
- SB is part of the Marine Transportation industry. There are 35 other stocks in this industry. SB outperforms 85% of them.
- SB is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so SB is performing more or less in line with the market.
- In the last month SB has a been trading in the 5.85 - 6.67 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
SB Weekly and Daily overview Charts
SB Setup Rating and Analysis
SB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
SB Support and Resistance Analysis
4.90
6.33
4 important support areas can be observed.
- A support zone ranging from 6.08 to 6.12. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.80 to 5.93. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.45 from a trend line in the daily time frame.
- Support @4.95 from a trend line in the weekly time frame.
SB Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for SB is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SB is neutral. |
| ChartMill Relative Strength | 92.22 | POSITIVE | SB has a high relative strength, it outperformed 92.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of SB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of SB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.02 | NEUTRAL | The RSI value for SB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.94 | NEUTRAL | The Stochastics value for SB is a neutral value. |
| Average True Range in percent/ATR (20) | 3.78 | MEDIUM VOLATILITY | The ATR as a percentage value for SB suggests some volalility. |
| Average Directional Index/ADX (14) | 16.98 | NEGATIVE | The low ADX value for SB suggests a weak or negative trend. |
SB Chart- and CandleStick Pattern Analysis
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)
SB Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 6.39 | 6.07 | 0.31 (4.93%) | 20.27% |
| An entry @6.38. This is a Buy Stop order right above the 10 day high. | An exit @6.07. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 4.93%. | When investing 20.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of SB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
SB Technicals: Chart, Performance Metrics, Trend & Indicators
6.27
+0.22 (+3.64%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg3.64%
1 Week3.29%
2 Weeks-1.1%
1 Month1.46%
3 Month30.08%
6 Month36.3%
12 Month66.76%
2 Year26.41%
3 Year69.92%
5 Year155.92%
10 Year683.75%
15 Year-30.79%
Volatility
ATR(14)0.24
ATR(20)%3.78%
ATR Inc41.28%
Range Today0.31
ADR(20)0.22
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.22
3 months CRS94.58
6 months CRS93.29
Mansfield3.46
10 Day High6.38
10 Day Low5.85
20 Day High6.68
20 Day Low5.85
52 Week High6.68
52 Week Low3.02
CS1 End6.12
CR1 StartN/A
Volume & EV
DER(3)-1.97%
DER(5)-2.63%
Volume535.50K
Volume Incr-21.67%
Vol(5)691.10K
Vol(50)748.48K
SAFE BULKERS INC / SB TA FAQ
What is the technical rating for SB stock?
ChartMill assigns a technical rating of 10 / 10 to SB.
What is the current trend direction of SAFE BULKERS INC (SB) stock?
The current trend direction for SAFE BULKERS INC (SB) is Bullish.
What is the RSI signal for SAFE BULKERS INC (SB) stock?
SAFE BULKERS INC (SB) has an RSI value of 55.0186. This indicates that the stock is currently neutral.
What is the support and resistance level for SB stock?
SAFE BULKERS INC (SB) has a support level at 6.12. Check the full technical report for our detailed analysis of SB support and resistance levels.