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Top Ships Inc.

TOPS Technical Analysis Summary (AMEX)

Analyze TOPS on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TOPS●AMEX
IndustrialsMarine Shipping
$0.58
$0.04(7.09%)
U.S. Market opens in NaNh NaNm

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

TOPS Technical Analysis Summary (AMEX)

Top Ships Inc. (AMEX: TOPS) stock currently shows a bearish trend on the AMEX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.06)
Trend Strength:Moderate (ADX: 22.19)
Volatility:High (ATR: 0.09)
Support/Resistance:$0.60 – $0.84 (Bollinger Bands)

Technical conditions suggest Top Ships Inc. on the AMEX is awaiting a decisive move. This mix signals that Top Ships Inc. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 35.06

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 2.13

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.95

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -19.76

Strongly Bearish
Sharp downside momentum.

Takeaway:Top Ships Inc. shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.19

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): -165.85

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Top Ships Inc. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.84
Middle Band (SMA 20)
$0.72
Lower Band
$0.60
Current Position
Below Lower Band

Takeaway:Top Ships Inc. trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.89
Middle Line (EMA 20)
$0.71
Lower Channel
$0.52
Squeeze Status
Squeeze On

Takeaway:Top Ships Inc. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume159.52M
Money Flow Index95.26Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index23.10Bearish, price momentum favors sellers.

Overall Takeaway:TOPS shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Top Ships Inc. (AMEX: TOPS), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

Bearish Signals

MACD below signal line → short-term caution on momentum.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Top Ships Inc. shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(AMEX: TOPS) Technical Analysis FAQ