TOP SHIPS INC (TOPS) Stock Technical Analysis
NYSEARCA:TOPS - NYSE Arca - MHY8897Y2307 - Common Stock - Currency: USD
Overall TOPS gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, TOPS is a bad performer in the overall market: 94% of all stocks are doing better.
TOPS is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry, of which 87% 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 5.76 - 6.94 range, which is quite wide. It is currently trading near the lows of this range.
Warning: TOPS has an average volume of 10956 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.
Although the technical rating is bad, TOPS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
5.69
8.21
We found 1 important support area.
- Support @5.75 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- Resistance @5.86 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 5.98 to 6.00. 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 6.10 to 6.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.29 to 6.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.13 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.13
Mansfield-4.54
10 Day High6.29
10 Day Low5.78
20 Day High6.94
20 Day Low5.76
52 Week High14.69
52 Week Low5.3
Performance
1 Week-2.88%
2 Weeks-3.05%
1 Month-11.98%
3 Month-25.77%
6 Month-35.18%
12 Month-56.19%
2 Year-36.53%
3 Year-97.51%
5 Year-99.7%
10 Year-100%
15 Year-100%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)36.66
LBB5.81
UBB6.22
NYSEARCA:TOPS (2/21/2025, 8:04:00 PM)
5.8269
-0.08 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.41%
1 Week-2.88%
2 Weeks-3.05%
1 Month-11.98%
3 Month-25.77%
6 Month-35.18%
12 Month-56.19%
2 Year-36.53%
3 Year-97.51%
5 Year-99.7%
10 Year-100%
15 Year-100%
Volatility
ATR(14)0.28
ATR(20)%5.5%
ATR Inc-22.72%
Range Today0.15
ADR(20)0.32
ADR(20)%5.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.13
Mansfield-4.54
10 Day High6.29
10 Day Low5.78
20 Day High6.94
20 Day Low5.76
52 Week High14.69
52 Week Low5.3
CS1 End5.75
CR1 Start5.86
Volume & EV
DER(3)-27.74%
DER(5)-19.42%
Volume7.40K
Volume Incr-17.38%
Vol(5)5.18K
Vol(50)10.96K