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Safe Bulkers, Inc

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Safe Bulkers, Inc. ($SB) AnalysisSector: Industrials - Marine Shipping | Country: Monaco Company Overview: Safe Bulkers, Inc. ( NYSE:SB ), a key player in the Industrials sector with a focus on Marine Shipping, operates globally, providing safe and efficient shipping solutions. As a small-cap company based in Monaco, Safe Bulkers specializes in transporting bulk cargoes, contributing to the vital maritime logistics infrastructure. Performance Metrics: NYSE:SB demonstrates compelling performance metrics within the small_cap screening, indicating potential opportunities for investors. Relative Strength: Exhibiting robust relative strength scores of 3.97 against its sector and an impressive 5.11 against the S&P500, NYSE:SB showcases resilience and outperformance against broader market benchmarks. U/D Ratios: With a U/D ratio of 1.77 (50 days) and 2.24 (15 days), NYSE:SB reveals positive market sentiment and notable upward price movements. Detected Base Depth: A substantial detected base depth of 70.67% positions NYSE:SB favorably, indicating a solid foundation for potential future growth. Price Dynamics: Despite a slight volume deviation of -2.32% below its 15-day average, recent candlestick patterns reveal a 1.33% range in the last candle body and a strong 100.0% closing range. This signifies strong bullish momentum and stability. The last closing price, at -1.04% away from base resistance, provides an attractive entry point, suggesting potential for further upward momentum. Short-term Trends: Over the last 10 days, NYSE:SB has experienced declining prices, volume, and accumulation, reflecting short-term pull back sentiments. EMA Analysis: Historical EMA patterns suggest that NYSE:SB usually encounters local tops when the price closes around 49.18% above its 50-day Exponential Moving Average (EMA). Currently, the last closing price is 9.51% away from the 50 EMA, indicating potential correction levels. Trade Idea: An entry at $3.9 aligns with pullback and accumulation signals, providing an attractive risk-reward profile. A disciplined stop loss at $3.62, based on recent lows, mitigates risk and ensures prudent risk management. The proposed trade targets an impressive 5.43 Risk-Reward (RR) ratio, with a target price of $5.44, anticipating a total profit of $217.05 or 39.47%. Conclusion: Safe Bulkers, Inc. ( NYSE:SB ) exhibits strength in the Marine Shipping sector, with robust relative strength and a detected base depth. The proposed trade idea aligns with pullback and accumulation signals, offering an attractive entry point for investors seeking exposure to potential future growth in the maritime shipping industry.
NYSE:SBLong
by HaseebKhan_90
2
Safe bunkers creating potential topSafe bunkers seems to be creating a top formation. For a potential buy at least wait for a new bullish structure on support. Reasoning: Uptrend broken (black arrow) Bearish divergence with the RSI (green arrows) In the process of creating a lower high However, we did create a W-formation after the drop, which is bullish. However, the right time to buy is on the retest of the neckline, completing the pattern. (See orange drawing). IF support is found there, expect more bullish continuation. If not we are potentially heading to the 0.5 or 0.618fib (green drawing).
NYSE:SB
by duco1
Break of 3.15Valuation Market Capitalization 325.68M Total Shares Outstanding (MRQ) 105.398M Sector: Transportation Industry: Marine Shipping Safe Bulkers, Inc. is a holding company, which engages in the ownership and operation of dry bulk vessels. The firm offers marine dry bulk transportation services, transporting bulk cargoes, particularly coal, grain, and iron ore. Its fleet include Panamax, Kamsarmax, Post-Panamax, and Capesize class vessels. The company was founded on December 11, 2007 and is headquartered in Les Acanthes, Monaco. Key levels Breaks 3.15 - 52 week high can test 3.50 level If it fails that price of 3.15 it can retrace to 2.20-2.40
NYSE:SBLong
by happytrader1543
$SB - Bullish In Trend Looking StrongSafe Bulkers, Inc. is a holding company, which engages in the ownership and operation of dry bulk vessels. It also offers marine dry bulk transportation services, transporting bulk cargoes, particularly coal, grain, and iron ore. Its fleet include Panamax, Kamsarmax, Post-Panamax, and Capesize class vessels. The company was founded on December 11, 2007 and is headquartered in Athens, Greece. SHORT INTEREST 992.82K 10/15/19 P/E Current 11.91 P/E Ratio (with extraordinary items) 14.81 P/E Ratio (without extraordinary items) 11.10 Average Recommendation: OVERWEIGHT Average Target Price: 2.33
NYSE:SBLong
by DEXWireNews