Trend Table for SB - Safe Bulkers, Inc

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 22	B	Weak or Absent	Up	Flat	Up	20.65%
May 19	D	Weak or Absent	Up	Down	Down	23.01%
May 18	D	Weak or Absent	Up	Down	Flat	21.99%
May 17	B	Weak or Absent	Up	Up	Up	20.32%
May 16	C	Weak or Absent	Up	Down	Flat	23.01%
May 15	D	Weak or Absent	Up	Down	Down	25.11%
May 12	C	Weak or Absent	Up	Down	Down	24.41%
May 11	C	Weak or Absent	Up	Down	Down	23.01%
May 10	C	Weak or Absent	Up	Flat	Up	20.32%
May 9	B	Weak or Absent	Up	Up	Up	19.34%