Safe Bulkers, Inc (NYSE:SB) Dropped -4.1% – Here’s Why

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For its latest trading sesion, Safe Bulkers, Inc (NYSE:SB) dropped by -4.1% – here is what that looked like (as of 2020-01-06):

What is the cause of all this?? To have a greater insight of what is happening, it is helpful to analyze some technical indicators. As we see it, you should pay the most attention to the following:

A Money Flow Index (MFI) of 51.745, a Relative Strength Index (RSI) of 50.0, a True Strength Index (TSI) of -100.0, a Moving Average Convergence Divergence (MACD) of 0.002, an Average Directional Movement Index (ADX) of unknown, an Average True Range (ATR) of 0.056, an Accumulation/Distribution Index (ADI) of 0.056, an On-Balance Volume (OBV) of 20.72, and a Chaiikin Money Flow (CMF) of 1.7. 10.0

Now let’s plug these indicators in. Consulting Trading View, this is what it all means:

So there you have it – our analysis of Safe Bulkers, Inc (NYSE:SB). That’s what we have now, but please BE EDUCATED! Do your own research, and absolutely do not rely solely on the above – investigate things for yourself.