TOP SHIPS INC (TOPS) Stock Technical Analysis
NYSEARCA:TOPS • MHY8897Y2307
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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, TOPS is a bad performer in the overall market: 83% of all stocks are doing better.
- TOPS is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 85% of 206 stocks in the same industry do better.
- 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 4.77 - 5.51 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: TOPS has an average volume of 12810 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
TOPS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for TOPS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
4.85
When analyzing the support we notice one important area.
- Support @4.90 from a trend line in the daily time frame.
We can see 7 important resistance areas.
- A resistance zone ranging from 4.97 to 5.06. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 5.21 to 5.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.49 from a horizontal line in the daily time frame.
- Resistance @6.00 from a trend line in the daily time frame.
- Resistance @6.12 from a horizontal line in the daily time frame.
- Resistance @6.30 from a horizontal line in the daily time frame.
- Resistance @6.85 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 | 17.03 | NEGATIVE | TOPS has a low relative strength, it was outperformed by 82.97% 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) | 44.47 | 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. |
| Stochastics (14,3) | 35.45 | NEUTRAL | The Stochastics value for TOPS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for TOPS suggests some volalility. |
| Average Directional Index/ADX (14) | 20.04 | NEUTRAL | The ADX value for TOPS suggests a possible start of a new trend. |
NYSEARCA:TOPS (2/13/2026, 8:04:00 PM)
4.94
-0.11 (-2.18%)
TOP SHIPS INC / TOPS FAQ
What is the ChartMill technical rating of TOP SHIPS INC (TOPS) stock?
ChartMill assigns a technical rating of 0 / 10 to TOPS.
Can you provide the trend direction for TOP SHIPS INC?
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 44.4748. This indicates that the stock is currently neutral.
What is the MACD signal for TOPS stock?
The MACD indicator for TOP SHIPS INC (TOPS) has a value of 0.00148786, indicating a bearish trend.
What are the support and resistance levels for TOP SHIPS INC (TOPS) stock?
TOP SHIPS INC (TOPS) has a support level at 4.9 and a resistance level at 4.97. Check the full technical report for our detailed analysis of TOPS support and resistance levels.