Rank | Ticker | Volume Ratio |
---|---|---|
1 | PCG | 2.49 |
2 | CVE | 2.08 |
3 | YPF | 1.91 |
4 | OWL | 1.76 |
5 | VST | 1.68 |
6 | VRT | 1.57 |
7 | UTSL | 1.56 |
8 | APLD 🚀 | 1.55 |
9 | DELL | 1.53 |
10 | GUSH | 1.48 |
11 | DLTR | 1.45 |
12 | D | 1.38 |
13 | NVDA | 1.32 |
14 | HDB | 1.31 |
15 | CLSK | 1.30 |
16 | NVDL 🚀 | 1.26 |
17 | AAL | 1.26 |
18 | RF | 1.25 |
19 | APA | 1.23 |
20 | GEV | 1.18 |
21 | FCX | 1.09 |
22 | TER 🚀 | 1.08 |
23 | EQNR | 1.08 |
24 | ERX | 1.08 |
25 | QCOM | 1.05 |
26 | DG | 1.04 |
27 | FANG | 1.02 |
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.