Rank | Ticker | Volume Ratio |
---|---|---|
1 | AMDL 🚀 | 1.92 |
2 | FERG | 1.53 |
3 | AMD | 1.43 |
4 | VTRS | 1.41 |
5 | NXPI | 1.35 |
6 | NAIL 🚀 | 1.33 |
7 | KHC | 1.33 |
8 | RBRK | 1.30 |
9 | SWKS | 1.26 |
10 | TER 🚀 | 1.17 |
11 | DKNG | 1.16 |
12 | NVDA | 1.12 |
13 | GILD | 1.12 |
14 | CRM | 1.09 |
15 | CHWY | 1.07 |
16 | BP | 1.06 |
17 | DG | 1.03 |
18 | CMG | 1.03 |
19 | BBWI | 1.03 |
20 | RF | 1.03 |
21 | NVDL 🚀 | 1.02 |
22 | SEDG 🚀 | 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.