Trend Table for SB - Safe Bulkers, Inc

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	C	Weak or Absent	Up	Up	Down	12.85%
Dec 8	C	Weak or Absent	Up	Up	Down	14.69%
Dec 7	C	Weak or Absent	Up	Up	Down	15.32%
Dec 6	C	Weak or Absent	Up	Up	Down	13.46%
Dec 5	B	Strong	Up	Up	Up	11.66%
Dec 4	B	Strong	Up	Up	Up	8.22%
Nov 30	A	Weak or Absent	Up	Up	Up	8.78%
Nov 29	A	Weak or Absent	Up	Up	Up	13.46%
Nov 28	B	Weak or Absent	Up	Up	Up	17.57%
Nov 27	A	Weak or Absent	Up	Up	Up	13.77%