TOP SHIPS INC (TOPS) Stock Technical Analysis
NYSEARCA:TOPS - NYSE Arca - MHY8897Y2307 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to TOPS. TOPS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
92% of all other stocks performed better in the past year than TOPS.
TOPS is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 88% 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 5.00 - 11.47 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
The technical rating of TOPS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
5.20
9.41
We found 1 important support 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.
We can see 2 important resistance areas.
- Resistance @6.00 from a horizontal line in the daily time frame.
- Resistance @9.32 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 | DOWN | NEGATIVE | The short term trend for TOPS is down. |
| ChartMill Relative Strength | 8.22 | NEGATIVE | TOPS has a low relative strength, it was outperformed by 91.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of TOPS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TOPS is below the rising 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) | 46.15 | NEUTRAL | The RSI value for TOPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests TOPS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.82 | OVERSOLD | The low Stochastics value suggests TOPS may be oversold. |
| Average True Range in percent/ATR (20) | 20.15 | HIGH VOLATILITY | The high ATR as a percentage value for TOPS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.91 | POSITIVE | The high ADX value value for TOPS suggests a strong 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 (7/2/2025, 8:04:00 PM)
5.8
+0.46 (+8.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg8.68%
1 Week5.84%
2 Weeks-2.85%
1 Month5.84%
3 Month0.87%
6 Month-13.79%
12 Month-47.56%
2 Year-34.4%
3 Year-92.79%
5 Year-99.04%
10 Year-100%
15 Year-100%
Volatility
ATR(14)0.92
ATR(20)%20.15%
ATR Inc-58.27%
Range Today0.63
ADR(20)1.11
ADR(20)%19.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.22
Mansfield-2.63
10 Day High7.15
10 Day Low5.1
20 Day High11.47
20 Day Low5
52 Week High11.47
52 Week Low5
CS1 End5.3
CR1 Start6
Volume & EV
DER(3)3.5%
DER(5)4.57%
Volume45.60K
Volume Incr-90.76%
Vol(5)30.94K
Vol(50)140.61K