Rank | Ticker | Relative Volume |
---|---|---|
1 | TECK | 2.26 |
2 | AEO | 1.85 |
3 | SMCI 🚀 | 1.72 |
4 | VRT | 1.60 |
5 | WBD 🚀 | 1.56 |
6 | NDAQ | 1.45 |
7 | AMD | 1.39 |
8 | M | 1.29 |
9 | ROKU | 1.27 |
10 | SWK | 1.26 |
11 | QCOM | 1.24 |
12 | DOW | 1.23 |
13 | CX | 1.20 |
14 | CLS 🚀 | 1.18 |
15 | AAL | 1.18 |
16 | DLTR | 1.14 |
17 | HPE | 1.14 |
18 | NKE 🚀 | 1.14 |
19 | NXPI | 1.10 |
20 | SPOT | 1.10 |
21 | ON | 1.06 |
22 | TMO | 1.06 |
23 | RCL | 1.05 |
24 | MMM | 1.03 |
25 | TSLA | 1.01 |
This specific stock market characteristic is a powerful signal for traders because it combines two key elements of technical analysis: volume and price action. "Relative Volume" (RVOL) is the current trading volume compared to its average volume over a set period. A high RVOL indicates that there is an unusually high level of trading interest in the stock, often sparked by a significant catalyst such as an earnings surprise, a news announcement, or a major industry event. When this high volume is paired with the stock closing above its opening price, it provides strong confirmation of bullish sentiment. A positive close suggests that buyers were in control throughout the day, successfully pushing the price higher. The increased relative volume indicates that this buying pressure is not just a fluke but is backed by a large number of market participants, including institutional investors and active traders. This combination of factors suggests that a new, strong trend may be forming. Traders often interpret this as a potential breakout signal, as the significant buying interest and momentum could lead to continued price appreciation in the coming days. It helps to validate the price move and reduces the likelihood of it being a false signal or a "head fake."