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TOP SHIPS INC (TOPS) Stock Technical Analysis

USA - NYSEARCA:TOPS - MHY8897Y2307 - Common Stock

6.02 USD
+0.03 (+0.5%)
Last: 10/27/2025, 8:04:01 PM
Technical Rating and Analysis

5

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.

85% of all other stocks performed better in the past year than TOPS.
TOPS is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 72% of 209 stocks in the same industry do better.
TOPS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: TOPS has an average volume of 7756 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month TOPS has a been trading in the 5.49 - 6.17 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
TOP SHIPS INC / TOPS Weekly stock chart
TOP SHIPS INC / TOPS Daily stock chart
Setup Rating and Analysis

8

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.
Support and Resistance Analysis

5.20

8.11

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.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for TOPS is neutral.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for TOPS is up.
ChartMill Relative Strength15.47NEGATIVETOPS has a low relative strength, it was outperformed by 84.53% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of TOPS is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of TOPS is above the rising SMA(50).
Simple Moving Average/SMA (200)DOWNMIXEDThe current price of TOPS is above a declining SMA(200).
Relative Strength Index/RSI (14)56.73NEUTRALThe RSI value for TOPS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests TOPS has a positive trend, although the MACD value is declining.
Stochastics (14,3)77.75NEUTRALThe Stochastics value for TOPS is a neutral value.
Average True Range in percent/ATR (20)4.75MEDIUM VOLATILITYThe ATR as a percentage value for TOPS suggests some volalility.
Average Directional Index/ADX (14)17.47NEGATIVEThe low ADX value for TOPS suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)
TOP SHIPS INC / TOPS Daily stock chart

TOP SHIPS INC

NYSEARCA:TOPS (10/27/2025, 8:04:01 PM)

6.02

+0.03 (+0.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg0.5%
1 Week2.73%
2 Weeks2.91%
1 Month5.8%
3 Month2.38%
6 Month5.41%
12 Month-24.36%
2 Year-5.94%
3 Year-89.3%
5 Year-97.54%
10 Year-100%
15 Year-100%
Volatility
ATR(14)0.27
ATR(20)%4.75%
ATR Inc-42.59%
Range Today0.25
ADR(20)0.27
ADR(20)%4.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.47
3 months CRS38.39
6 months CRS41.52
Mansfield-1.47
10 Day High6.17
10 Day Low5.62
20 Day High6.17
20 Day Low5.49
52 Week High11.47
52 Week Low5
CS1 End5.99
CR1 Start6.12
Volume & EV
DER(3)-7.64%
DER(5)-3.86%
Volume14.50K
Volume Incr28.96%
Vol(5)10.82K
Vol(50)7.76K

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.