Trend Table for SB - Safe Bulkers, Inc

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	C	Weak or Absent	Up	Up	Down	14.92%
Dec 8	C	Weak or Absent	Up	Up	Down	16.79%
Dec 7	C	Weak or Absent	Up	Up	Down	17.43%
Dec 6	C	Weak or Absent	Up	Up	Down	15.54%
Dec 5	B	Strong	Up	Up	Up	13.70%
Dec 4	B	Strong	Up	Up	Up	10.21%
Nov 30	A	Weak or Absent	Up	Up	Up	10.77%
Nov 29	A	Weak or Absent	Up	Up	Up	15.54%
Nov 28	B	Weak or Absent	Up	Up	Up	19.72%
Nov 27	A	Weak or Absent	Up	Up	Up	15.85%