Safe Bulkers Technical Analysis (NYSE:SB)
Technical analysis is the study of stock price and volume data through technical charts. This analysis does not take into account the intrinsic value of a stock. The Safe Bulkers stock price data and volume are plotted in SB stock charts and these trading charts form the basis of technical analysis.
See Safe Bulkers bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of Safe Bulkers stock analysis.
Safe Bulkers Moving Average
Moving averages help predict the price direction of SB stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. The longer the duration of the moving average, the higher the lag. For example, 200 day moving averages for Safe Bulkers are mostly signals of long term trends and will help long term traders.
Safe Bulkers Bollinger Bands
Bollinger bands consist of two price bands above and below a center line for any company stock like Safe Bulkers. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Safe Bulkers bollinger bands show that the stock price is $3.8, upper band is 4.19, lower band is 2.83, and the average is 3.51.
Safe Bulkers Moving Average Convergence Divergence or MACD
The moving average convergence divergence or MACD is a technical indicator which helps assess the stock price trend. Traders usually wait for a confirmed crossover signal before entering into a trading position. Divergence implies that the current stock price trend could come to an end, when the stock price diverges from MACD. The Safe Bulkers MACD indicator is above 0 indicating a bullish trend.
Safe Bulkers Relative Strength Index
The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of SB stock is 83.33.