Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes fromFinra
Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The heavy selling pressure might have exhausted for Safe Bulkers (SB) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Safe Bulkers (SB) delivered earnings and revenue surprises of 2.56% and 6.10%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
MONACO, Nov. 03, 2021 (GLOBE NEWSWIRE) -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today its unaudited financial results for the three and nine months periods ended September 30, 2021. Financial highlights In million U.S. Dollars except per share dataQ3 2021Q2 2021Q1 2021Q4 2020Q3 2020Nine Months 2021Nine Months 2020Net Revenues92.5 81.6 62.5 52.2 51.9 236.6 145.9 Net income/(loss)55.4 32.4 21.3 7.6 3.3 109.1 (2
Shares of dry bulk shippers Star Bulk Carriers (NASDAQ: SBLK) and Safe Bulkers (NYSE: SB) tumbled more than 10% in early trading on Tuesday. Since peaking above 5,600 in early October, the value of the Baltic Dry Index (which tracks shipping rates for vessels carrying cargo such as iron ore, coal, and grain) has tumbled nearly 25% in less than a month, including today's 2.6% loss.