Rank | Ticker | Volume Ratio |
---|---|---|
1 | T | 2.35 |
2 | RIG | 1.87 |
3 | SE 🚀 | 1.86 |
4 | AU | 1.85 |
5 | LYG | 1.84 |
6 | JNUG 🚀 📈 | 1.82 |
7 | ERX | 1.79 |
8 | OMC | 1.79 |
9 | MOS | 1.78 |
10 | GUSH | 1.74 |
11 | PM | 1.73 |
12 | GFI | 1.65 |
13 | EC | 1.42 |
14 | PBR | 1.41 |
15 | DKNG | 1.40 |
16 | AGNC | 1.36 |
17 | BKR | 1.32 |
18 | WPM | 1.31 |
19 | B | 1.28 |
20 | VZ | 1.28 |
21 | PBR-A | 1.24 |
22 | EXEL | 1.15 |
23 | EQNR | 1.08 |
24 | PAAS | 1.07 |
25 | MSFU | 1.06 |
26 | AEM | 1.05 |
27 | FTI 🚀 | 1.04 |
28 | BP | 1.03 |
29 | AGI | 1.03 |
30 | CCJ | 1.02 |
31 | HMY | 1.01 |
32 | MUFG | 1.01 |
33 | CX | 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.