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Oct 22, 2018
Shipping Stocks Feels Tailwinds of Trade War

Shipping Stocks Feels Tailwinds of Trade War

The latest move in the ongoing trade war between U.S. and China saw the Trump administration announce that the U.S. would be withdrawing from the Universal Postal Union, a 144-year-old-treaty among 192 nations that helps set international postage rates.

The trading community considered this move as a bullish decision for international shipping rates. The result? Shipping stocks soared high on Monday and also helped garner a heavy dose of investor’s interest in overseas shipping stocks.

Top Ships Inc. (TOPS, $1.97) was the most notable runner amongst all the shipping stocks, as it recorded a +56% gain. Diana Containerships Inc (DCIX, $1.57), Sino-Global Shipping America, Ltd. (SINO, $1.26) and Globus Maritime Ltd (GLBS, $6.05) were some of the other top gainers, rising by +23.9%, +17.6% and +13.5%, respectively.

With a remarkable run at the onset of the week, traders are waiting to see if the surge in shipping stocks has the legs to carry forward or if the buying binge is just temporary. It's worth keeping an eye on. 

Related Ticker: TOPS

TOPS's RSI Indicator climbs out of oversold territory

The RSI Oscillator for TOPS moved out of oversold territory on August 03, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 43 similar instances when the indicator left oversold territory. In of the 43 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on August 11, 2026. You may want to consider a long position or call options on TOPS as a result. In of 86 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

TOPS moved above its 50-day moving average on August 21, 2026 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for TOPS crossed bullishly above the 50-day moving average on August 19, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 9 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where TOPS advanced for three days, in of 208 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 30 cases where TOPS's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where TOPS declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

TOPS broke above its upper Bollinger Band on August 13, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for TOPS entered a downward trend on July 31, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.050) is normal, around the industry mean (185.919). P/E Ratio (1.207) is within average values for comparable stocks, (25.784). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.991). TOPS has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.048). P/S Ratio (0.047) is also within normal values, averaging (4.753).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. TOPS’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. TOPS’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 41, placing this stock worse than average.

Notable companies

The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Kinder Morgan (NYSE:KMI), Targa Resources Corp (NYSE:TRGP), Cheniere Energy (NYSE:LNG), Plains All American Pipeline LP (NASDAQ:PAA), Antero Midstream Corp (NYSE:AM), CMB.TECH NV (NYSE:CMBT), Plains GP Holdings LP (NASDAQ:PAGP), Scorpio Tankers (NYSE:STNG).

Industry description

Oil & Gas Pipelines industry includes companies that transport natural gas and crude oil through pipelines. These companies also collect and market the fuels. The pipeline segment could be considered as a midstream operation – functioning as a link between the upstream and downstream operations in the oil and gas industry. Some of the largest U.S. pipeline players include Enterprise Products Partners L.P, TC Energy Corporation and Energy Transfer, L.P.

Market Cap

The average market capitalization across the Oil & Gas Pipelines Industry is 17.06B. The market cap for tickers in the group ranges from 7.66K to 110.2B. ENB holds the highest valuation in this group at 110.2B. The lowest valued company is AVACF at 7.66K.

High and low price notable news

The average weekly price growth across all stocks in the Oil & Gas Pipelines Industry was 2%. For the same Industry, the average monthly price growth was 6%, and the average quarterly price growth was 17%. BANL experienced the highest price growth at 16%, while NFE experienced the biggest fall at -15%.

Volume

The average weekly volume growth across all stocks in the Oil & Gas Pipelines Industry was 7%. For the same stocks of the Industry, the average monthly volume growth was 6% and the average quarterly volume growth was -21%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 25
P/E Growth Rating: 49
Price Growth Rating: 48
SMR Rating: 60
Profit Risk Rating: 41
Seasonality Score: -12 (-100 ... +100)
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Shipping Stocks Feels Tailwinds of Trade War