TOP SHIPS INC (TOPS) Stock Technical Analysis
USA - NYSEARCA:TOPS - MHY8897Y2307 - Common Stock
We assign a technical rating of 5 out of 10 to TOPS. In the past year, TOPS was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is only medium, TOPS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.99, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.20
2 important support areas can be observed.
- A support zone ranging from 5.80 to 5.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 4 important resistance areas.
- A resistance zone ranging from 6.12 to 6.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.30 from a horizontal line in the daily time frame.
- Resistance @7.62 from a trend line in the weekly time frame.
- Resistance @8.03 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 | NEUTRAL | NEUTRAL | The long term trend for TOPS is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for TOPS is up. |
| ChartMill Relative Strength | 15.47 | NEGATIVE | TOPS has a low relative strength, it was outperformed by 84.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of TOPS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of TOPS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of TOPS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56.73 | NEUTRAL | The RSI value for TOPS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests TOPS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.75 | NEUTRAL | The Stochastics value for TOPS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for TOPS suggests some volalility. |
| Average Directional Index/ADX (14) | 17.47 | NEGATIVE | The low ADX value for TOPS suggests a weak or negative trend. |
NYSEARCA:TOPS (10/27/2025, 8:04:01 PM)
6.02
+0.03 (+0.5%)
TOP SHIPS INC / TOPS FAQ
What is the ChartMill technical rating of TOP SHIPS INC (TOPS) stock?
ChartMill assigns a technical rating of 5 / 10 to TOPS.
What is the trend direction for TOPS stock?
The current trend direction for TOP SHIPS INC (TOPS) is Bearish.
Can you provide the RSI signal for TOP SHIPS INC?
TOP SHIPS INC (TOPS) has an RSI value of 56.7262. This indicates that the stock is currently neutral.
Can you provide the MACD signal for TOP SHIPS INC?
The MACD indicator for TOP SHIPS INC (TOPS) has a value of 0.0117474, indicating a bearish trend.
What is the support and resistance level for TOPS stock?
TOP SHIPS INC (TOPS) has a support level at 5.99 and a resistance level at 6.12. Check the full technical report for our detailed analysis of TOPS support and resistance levels.