Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Safe Bulkers Buy Signals

|Includes:Safe Bulkers Inc. (SB)

Today I added Safe Bulkers (NYSE:SB) to the Barchart Van Meerten New High portfolio for positive momentum and Barchart technical indicators:

Barchart technical indicators:

 

  • 96% Barchart technical buy signals
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 47.80% in the last month
  • Relative Strength Index 77.83% in the last month
  • Barchart computes a technical support level at 7.14
  • Recently traded at 7.39 with a 50 day moving average of 5.54
Stocks: SB