Rank | Ticker | Volume Ratio |
---|---|---|
1 | AI 🚀 | 3.23 |
2 | OWL | 2.50 |
3 | FERG | 1.83 |
4 | MRVL 🚀 | 1.38 |
5 | ADBE | 1.36 |
6 | ABNB | 1.33 |
7 | EQNR | 1.33 |
8 | HON | 1.32 |
9 | DELL | 1.30 |
10 | STM | 1.26 |
11 | MCHP | 1.23 |
12 | EH | 1.21 |
13 | COO | 1.18 |
14 | NTR | 1.16 |
15 | MUFG | 1.16 |
16 | CF | 1.16 |
17 | NXPI | 1.11 |
18 | TLT | 1.10 |
19 | DRN | 1.10 |
20 | ZTO | 1.09 |
21 | YUMC | 1.09 |
When a stock closes above its opening price and does so on significantly higher‑than‑average volume, it’s seen as a bullish confirmation that the upward move had real participation. Closing higher than open means buyers dominated trading throughout the day. But the signal gains real credibility - and strength - when volume spikes above its usual range (often 25‑50 % beyond recent days’ average). That's because heavy volume reflects conviction and money entering the stock, not just short‑term speculators or algorithmic noise. In technical analysis terms, this pattern - an up‑day on elevated volume - suggests institutional interest or widespread enthusiasm. Indicators like On‑Balance Volume (OBV) and the Accumulation/Distribution line specifically quantify this by tracking volume flow on up‑days versus down‑days to confirm trend strength. That said, context is crucial. A spike in volume may sometimes signal a buying climax - such as short covering or window dressing - where most potential buyers have already acted, making a reversal more likely.