SAFE BULKERS INC (SB) Stock Technical Analysis
NYSE:SB - New York Stock Exchange, Inc. - MHY7388L1039 - Common Stock - Currency: USD
Overall SB gets a technical rating of 7 out of 10. Although SB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
When comparing the yearly performance of all stocks, SB is a bad performer in the overall market: 69% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month SB has a been trading in the 3.56 - 4.18 range, which is quite wide. It is currently trading near the high of this range.
SB is part of the Marine Transportation industry. There are 36 other stocks in this industry, SB did better than 62% of them.
SB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SB is lagging the market.
SB has an excellent technical rating, but the quality of the setup is only medium 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
4.18
4 important support areas can be observed.
- A support zone ranging from 3.74 to 3.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.60 to 3.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.26 from a trend line in the weekly time frame.
- Support @3.18 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.13 to 4.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for SB is up. |
| ChartMill Relative Strength | 31.36 | NEUTRAL | SB is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of SB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.04 | 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) | 89.67 | OVERBOUGHT | The high Stochastics value suggests SB may be overbought. |
| Average True Range in percent/ATR (20) | 2.62 | MEDIUM VOLATILITY | The ATR as a percentage value for SB suggests some volalility. |
| Average Directional Index/ADX (14) | 24.8 | 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 (7/21/2025, 3:59:00 PM)
4.065
-0.05 (-1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-1.33%
1 Week0.24%
2 Weeks8.99%
1 Month7.29%
3 Month24.85%
6 Month20.47%
12 Month-24.68%
2 Year23.72%
3 Year6.74%
5 Year209.77%
10 Year19.77%
15 Year-47.45%
Volatility
ATR(14)0.12
ATR(20)%2.62%
ATR Inc24.34%
Range Today0.08
ADR(20)0.1
ADR(20)%2.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.36
Mansfield-0.58
10 Day High4.18
10 Day Low3.73
20 Day High4.18
20 Day Low3.56
52 Week High5.75
52 Week Low3.02
CS1 End3.84
CR1 Start4.13
Volume & EV
DER(3)0.12%
DER(5)-4.7%
Volume313.17K
Volume Incr6.1%
Vol(5)424.12K
Vol(50)401.92K