| Rank | Ticker | Volume Ratio |
|---|---|---|
| 1 | PR | 3.56 |
| 2 | FERG | 2.51 |
| 3 | CHWY | 2.14 |
| 4 | CNM | 1.78 |
| 5 | HDB | 1.62 |
| 6 | RBRK | 1.45 |
| 7 | LMND 🚀 | 1.38 |
| 8 | AFRM | 1.36 |
| 9 | AMZU | 1.32 |
| 10 | DJT 🚀 | 1.24 |
| 11 | MGM | 1.22 |
| 12 | AMDL 🚀 | 1.17 |
| 13 | STM | 1.09 |
| 14 | AI 🚀 | 1.07 |
| 15 | CNQ | 1.00 |
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.