Trend Table for SB - Safe Bulkers, Inc

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 25	B	Weak or Absent	Up	Up	Up	4.07%
Jan 24	B	Weak or Absent	Up	Up	Up	2.82%
Jan 23	B	Weak or Absent	Up	Up	Up	6.13%
Jan 22	B	Weak or Absent	Up	Up	Up	7.18%
Jan 19	B	Weak or Absent	Up	Up	Up	6.92%
Jan 18	B	Weak or Absent	Up	Up	Up	5.86%
Jan 17	A	Weak or Absent	Up	Up	Up	6.92%
Jan 16	C	Weak or Absent	Up	Up	Down	9.92%
Jan 12	C	Weak or Absent	Up	Up	Down	11.06%
Jan 11	C	Weak or Absent	Up	Up	Down	11.06%