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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
$0.79
$0.02(2.83%)
U.S. Market opens in 15h 41m

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 bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.77)
Trend Strength:Moderate (ADX: 21.80)
Volatility:High (ATR: 0.06)
Support/Resistance:$0.63 – $0.90 (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): 53.77

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 58.84

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.51

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 30.29

Strongly Bullish
Strong upside momentum.

Takeaway:Top Ships Inc. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.80

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): 27.25

Bullish
Bullish, momentum building upward.

Takeaway:Top Ships Inc. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.90
Middle Band (SMA 20)
$0.77
Lower Band
$0.63
Current Position
Within Bands

Takeaway:Top Ships Inc. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.92
Middle Line (EMA 20)
$0.79
Lower Channel
$0.67
Squeeze Status
No Squeeze

Takeaway:Top Ships Inc. trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-421.99K
Money Flow Index83.61Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index65.17Bullish, price momentum strongly favors buyers.

Overall Takeaway:TOPS shows overheated money flow, with risk of pullback from overbought conditions.

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

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Top Ships Inc. currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(AMEX: TOPS) Technical Analysis FAQ