Rank | Ticker | Volume Ratio |
---|---|---|
1 | QBTS 🚀 | 3.82 |
2 | SHOP 🚀 | 2.91 |
3 | ENPH | 2.07 |
4 | RGTI 🚀 | 1.62 |
5 | CONL 🚀 | 1.59 |
6 | COIN | 1.47 |
7 | OXY | 1.46 |
8 | APA | 1.28 |
9 | AMC 🚀 | 1.27 |
10 | CLSK | 1.21 |
11 | SERV 🚀 | 1.18 |
12 | AA | 1.18 |
13 | PBR | 1.16 |
14 | ET | 1.15 |
15 | SOUN 🚀 | 1.14 |
16 | UAA | 1.12 |
17 | MARA 🚀 | 1.12 |
18 | QS 🚀 | 1.05 |
19 | DVN | 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.