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Safe Bulkers, Inc. | SB

Daily Technical Analysis of Safe Bulkers, Inc.

Safe Bulkers is down a bit on the day, funds flowing out kept the price down -2.42% since yesterday.

Currently SB isn't at a clear support/resistance line that seems tradable. Safe Bulkers hasn't shown a lot of strength recently, shareholders don't seem that energized about the asset's future prospects. SB might find some support at the 3.14 level, buyers might push the price back up from here. But it's not very clear what will happen.


Last analyzed on 2024-11-13

Analyst Ratings for Safe Bulkers By Price Target And Rating

The analysts are pretty neutral on Safe Bulkers right now, so not much useful information here. The current Analysts Sentiment Score is 5.01. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. Jefferies Financial Group upgraded from Hold to Buy on 2024-02-27 and also increased their price target by 50% to $6.00.

Company Ratings Score ?
Composite analyst sentiment score
Positive Ratings Negative Ratings Boost Price Target Lower Price Target
SB5.015.0105.010

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-09-11)
Company YOY Growth Score (typical -20 to +20) Revision Directions (-6 to +6)
SB0.000.00

Short interest for Safe Bulkers

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company Short Score (typical 1-15) ?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
Short Interest Days to Cover Rate of Change Shares Short
SB3.59%3.14.5-10.231930000

Social Sentiment for Safe Bulkers

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker Social Sentiment(1-10)
SB

Companies with the highest correlation to Safe Bulkers

Company Score 1 Day% 5 Day 1 Month 3 Month 6 Month 1 Year RSI 3mo S-momo ? 6mo S-momo 1yr S-momo Resistance ? Support Demark Sell ? Demark Buy Short Interest Score
GNK | GENCO SHIPPING & TRADING 1.35-3.03-5.894.79-5.03-24.8313.0681-4.98-15.26-13.98-1119.60-1791.8010004.68512
SBLK | Star Bulk Carriers Corp.1.24-2.03-8.40-3.95-12.87-31.14-5.3267-27.74-20.40-15.36-16333.90-9057.03002.9861
DSX | Diana Shipping, Inc.1.17-3.49-4.37-7.74-14.17-33.52-23.6940-76.64-57.69-46.15-52374.39316.61002.05828
NMM | Navios Maritime Partners 1.16-2.98-1.96-11.13-1.334.91120.59159.1744.4455.17-4562.38-33583.55001.83247
GOGL | Golden Ocean Group Limite0.97-5.87-7.592.63-9.91-23.2126.3978-6.32-7.73-5.84-4816.47-21590.85005.15281
CMRE | Costamare Inc.0.93-3.12-2.782.420.07-7.1748.36533.623.2515.46-971.24-15993.61003.0812
GSL | Global Ship Lease, Inc.0.76-2.21-3.53-4.66-8.59-20.3428.4642-5.12-4.35-2.29-5280.60304.00003.77774

Top 3 correlating companies

See full charts for all peers

Sentiment Score

How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.

Earnings Estimates
Analyst Rating
Price Targets
Short Interest
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Calculated Sentiment Sum

Score Sum
(1-45)

/

Average
(1-5)

+

Pattern Rank
(1-5)

=

Total Score
(1-10)

Research

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SA Earngings
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