TOP SHIPS INC (TOPS) Stock Technical Analysis
USA - NYSEARCA:TOPS - MHY8897Y2307 - Common Stock
5.31 USD
-0.15 (-2.72%)
We assign a technical rating of 0 out of 10 to TOPS. TOPS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, TOPS is a bad performer in the overall market: 91% of all stocks are doing better.
TOPS is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 81% are performing better than TOPS.
TOPS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month TOPS has a been trading in the 5.31 - 5.99 range, which is quite wide. It is currently trading near the lows of this range.
Warning: TOPS has an average volume of 12378 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
TOPS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 5.30, a Stop Loss order could be placed below this zone.
More info and screens
5.20
8.60
When analyzing the support we notice one important area.
- A support zone ranging from 5.25 to 5.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 5.44 to 5.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.63 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.74 to 5.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.00 from a horizontal line in the daily time frame.
- Resistance @8.22 from a trend line in the weekly time frame.
- Resistance @8.51 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for TOPS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for TOPS is neutral. |
| ChartMill Relative Strength | 9.47 | NEGATIVE | TOPS has a low relative strength, it was outperformed by 90.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TOPS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of TOPS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of TOPS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.29 | NEUTRAL | The RSI value for TOPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests TOPS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 17.39 | OVERSOLD | The low Stochastics value suggests TOPS may be oversold. |
| Average True Range in percent/ATR (20) | 4.32 | MEDIUM VOLATILITY | The ATR as a percentage value for TOPS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.53 | NEGATIVE | The low ADX value for TOPS suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NYSEARCA:TOPS (9/15/2025, 8:04:01 PM)
5.31
-0.15 (-2.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.72%
1 Week-4.24%
2 Weeks-5.35%
1 Month-9.39%
3 Month-3.63%
6 Month-13.38%
12 Month-39.69%
2 Year-25.63%
3 Year-85.44%
5 Year-97.95%
10 Year-100%
15 Year-100%
Volatility
ATR(14)0.2
ATR(20)%4.32%
ATR Inc22.63%
Range Today0.38
ADR(20)0.23
ADR(20)%4.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.47
Mansfield-2.72
10 Day High5.7
10 Day Low5.31
20 Day High5.99
20 Day Low5.31
52 Week High11.47
52 Week Low5
CS1 End5.3
CR1 Start5.44
Volume & EV
DER(3)-12.81%
DER(5)-4.16%
Volume11.00K
Volume Incr2.99%
Vol(5)8.26K
Vol(50)12.38K