Trend Table for SB - Safe Bulkers, Inc

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 14	D	Weak or Absent	Down	Down	Up	33.49%
Sep 13	D	Weak or Absent	Down	Down	Down	37.43%
Sep 12	D	Weak or Absent	Down	Down	Down	40.18%
Sep 11	D	Weak or Absent	Down	Down	Down	39.25%
Sep 8	D	Weak or Absent	Down	Down	Down	36.53%
Sep 7	D	Weak or Absent	Down	Down	Down	39.72%
Sep 6	D	Weak or Absent	Down	Down	Down	36.09%
Sep 5	D	Weak or Absent	Down	Down	Down	34.34%
Sep 1	D	Weak or Absent	Flat	Down	Up	30.98%
Aug 31	D	Weak or Absent	Flat	Flat	Up	30.57%