Rank | Ticker | Volume Ratio |
---|---|---|
1 | NTR | 2.51 |
2 | JD | 2.32 |
3 | TECK | 1.73 |
4 | FUTU | 1.69 |
5 | HDB | 1.49 |
6 | TME | 1.44 |
7 | TGT | 1.31 |
8 | TIGR 🚀 | 1.23 |
9 | ACN | 1.18 |
10 | NAIL 🚀 | 1.09 |
11 | EOG | 1.01 |
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.