TOP Ships, Inc.

Stage 4 · Declining · week 42

As of Oct 22, 2026, TOP Ships is in Stage 4, the downtrend phase, now in week 42 (since Dec 24, 2025). It closed at $0.34, 94.5% below its 52-week high and below its 200-day average, which is falling.

Top Ships Inc. owns and operates tanker vessels in Greece and internationally. More about the company

$0.34

-12.82% today

$2.6M · Micro cap

Market Neutral — Building

Pro read

Pro

Our read

Declining, below its long-term trend

Setup score

—

Momentum

Steady

Edge

—

Is TOPS early, or has it already run? Pro answers that for every US stock we cover, after every close.

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S3 19w

S4 47w

S4 43w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S4 1w → S1 7w → S4 8w → S1 1w → S2 11w → S3 19w → S4 47w → S1 10w → S4 11w → S1 7w → S4 43w current

Total tracked: 166 weeks across 11 stage runs.

TOPS among Oil & Gas Midstream53rd of 56 by relative strength

All 56 →

Stocks in Oil & Gas Midstream ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	INSWInternational Seaways, Inc.	Stage 2 · wk 65	98	+6.3%
2	TENTsakos Energy Navigation Ltd	Stage 2 · wk 9	97	+9.9%
3	FROFrontline Plc	Stage 2 · wk 38	97	+7.7%
4	NATNordic American Tankers Limited	Stage 2 · wk 16	97	−1.0%
5	NGLNGL ENERGY PARTNERS LP	Stage 3 · wk 2	97	−2.8%
6	PXSPyxis Tankers Inc.	Stage 2 · wk 11	97	+8.8%
7	DHTDHT Holdings, Inc.	Stage 2 · wk 17	96	+13.3%
8	BWLPBW LPG Limited	Stage 2 · wk 40	96	+1.8%
…53	TOPSTOP Ships, Inc.	Stage 4 · wk 42	5	−52.1%

vs 52W High

-94.5%

$0.34 lo$6.16 hi

94.5% below 52W high, deep Stage 4 damage

In Stage 4, distance from the 52-week high reflects an ongoing decline, not a discount.

Stage Maturity

Week 42

1w13w26w

Week 42, extended decline

How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure. No length of decline marks a bottom on its own.

vs 200 DMA

-84.0%

200 DMA: $2.13 · sloping down

In Stage 4, the stock is below its 200-day average, the hallmark of a downtrend. Stage analysis waits for that to reverse before buying.

Rel Volume

0.13x

vs 50-day avg

High volume on down days in Stage 4 confirms institutional selling. Low-volume bounces are typical. They lack real buyers and are easy to mistake for reversals.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-52.1%

-56.4%

-87.5%

YTD

-92.8%

-94.2%

Scan Membership

Breakout Watch

Latest: 2023-12-13

4 appearances in last 60 days. First seen: 2018-11-23.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S4

Wk 42 · Vol 0.13x

2026-10-21S4

Wk 42 · Vol 0.15x

2026-10-20S4

Wk 42 · Vol 0.04x

2026-10-19S4

Wk 41 · Vol 0.06x

2026-10-16S4

Wk 41 · Vol 0.07x

2026-10-15S4

Wk 41 · Vol 0.08x

2026-10-14S4

Wk 41 · Vol 0.06x

2026-10-13S4

Wk 41 · Vol 0.09x

2026-10-12S4

Wk 40 · Vol 0.08x

2026-10-09S4

Wk 40 · Vol 0.08x

2026-10-08S4

Wk 40 · Vol 0.13x

2026-10-07S4

Wk 40 · Vol 3.83x

Moving averages & range

50 DMA

$0.66

200 DMA

$2.13

52W High

$6.16

52W Low

$0.34

5D Low

$0.34

Resistance levels (recent highs)

20d High

$0.68

60d High

$0.88

120d High

$2.21

250d High

$6.16

Next resistance

+100.0%

to 20d High

Earnings Growth (YoY)

-62.9%

Revenue -41.9%

ROE

+1.8%

Profit margin +3.2%

Dividend Yield

0.00%

P/B 0.0

TOP Ships: quick answers

What stage is TOP Ships in?

As of Oct 22, 2026, TOP Ships (TOPS) is in Stage 4, the downtrend phase. It entered Stage 4 on Dec 24, 2025 and is in week 42. What the four stages mean

Is TOP Ships in an uptrend?

No. TOP Ships is in a Stage 4 downtrend. It trades 84.0% below its 200-day average, which is falling.

How far is TOP Ships from its 52-week high?

TOP Ships closed at $0.34 on Oct 22, 2026, 94.5% below its 52-week high of $6.16. Its 52-week low is $0.34.

How has TOP Ships performed over the past year?

As of Oct 22, 2026, TOP Ships is down 94.2% over the past year and down 92.8% so far in 2026.

Which sector and industry is TOP Ships in?

TOP Ships is in the Oil & Gas Midstream industry, part of the Energy sector.

About this companyEnergy· Oil & Gas Midstream

Top Ships Inc. owns and operates tanker vessels in Greece and internationally. The company transports crude oil, petroleum products, and bulk liquid chemicals. As of December 31, 2025, it had a fleet with a total capacity of 857,000 deadweight tonnes (dwt) consisting of one 50,000 dwt product/chemical tanker, one 157,000 dwt Suezmax tankers, two 300,000 dwt very large crude carriers, and two 50,000 dwt product tankers. The company was formerly known as Top Tankers Inc. and changed its name to Top Ships Inc. in December 2007. Top Ships Inc. was incorporated in 2000 and is based in Athens, Greece.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.