Rank | Ticker | Volume Ratio |
---|---|---|
1 | HPE | 2.90 |
2 | HAL | 2.87 |
3 | PTEN | 2.37 |
4 | MMM | 2.27 |
5 | RF | 2.15 |
6 | EXEL | 2.14 |
7 | GPC | 2.12 |
8 | AMC 🚀 📈 | 2.10 |
9 | PHM | 1.89 |
10 | BKR | 1.75 |
11 | BITX 📈 | 1.70 |
12 | AMZU | 1.60 |
13 | RIG | 1.52 |
14 | STLA | 1.31 |
15 | WBD | 1.22 |
16 | AMZN | 1.15 |
17 | CVNA 📈 | 1.06 |
18 | CSGP | 1.03 |
19 | U 🚀 | 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.