Safe Bulkers Inc

SB remains in a Stage 2 advancing regime with higher highs and rising EMAs supporting both long- and medium-term bullish bias, but the recent break below the short-term EMA band lacked clear acceptance and suggests timing is unfavorable for immediate entry. A pullback into the 9/20/50 EMA zone near the rising support region represents the appropriate execution area, with a rebound from these levels signaling renewed participation in the advance.

• ↑Q1 2026 revenue rose 42% YoY to $74.4M on higher charter rates
• ↑EPS jumped to $0.18 from $0.05, up 260% YoY
• ↓Dry bulk supply growth is expected to outpace demand, softening rates