Trend Table for SB - Safe Bulkers, Inc

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 13	D	Weak or Absent	Down	Up	Up	56.74%
Dec 12	F	Weak or Absent	Down	Down	Down	60.21%
Dec 9	D	Weak or Absent	Down	Flat	Down	59.03%
Dec 8	D	Weak or Absent	Down	Down	Down	60.21%
Dec 7	D	Weak or Absent	Down	Down	Down	67.00%
Dec 6	D	Weak or Absent	Down	Up	Down	55.07%
Dec 5	D	Weak or Absent	Down	Flat	Down	59.63%
Dec 2	D	Weak or Absent	Down	Flat	Down	59.03%
Dec 1	D	Weak or Absent	Down	Up	Down	57.31%
Nov 30	D	Weak or Absent	Down	Up	Down	52.34%