The Lab
June 4, 2026

Stock Volume Tool

Volume Spikes: Start of a Move or Exhaustion?

This tool helps traders put current volume spikes into perspective by showing how price has historically responded to similar levels of elevated volume in that stock, offering context on whether heavy volume has typically marked the start of a move or exhaustion.

The Stock Volume tool reads today's volume multiplier, and fires when it detects higher than usual volume activity.

Volume often reflects the conviction behind a price move. A stock that rises 2% on light volume tells a very different story than one that rises 2% on significantly higher-than-average turnover. Large institutional activity tends to leave visible traces in volume well before those moves become obvious in price action or headlines.

However, a single day of elevated volume can be difficult to interpret on its own. Heavy volume can signal the beginning of a new trend, or it can reflect exhaustion as the final buyers or sellers step in. Understanding what usually happens next requires context from how price has historically responded to similar volume spikes in that stock.

What the Tool Shows You

Projection

45-Day Projected Price Cone

Projects a potential price range over the next 45 days by applying historical forward returns from past similar setups.

Probability

Probability Graph

Shows how often prices rose or fell after similar setups in the past.

Scan

Auto-Detection

The tool automatically scans the market and highlights stocks with the strongest setups for the day ahead.

Log

Past Similar Setups

A full log of every past day when conditions were similar.

How Traders are using the Volume Detection Tool

1

Morning Scan

Start the day by checking whether the tool is highlighting any unusual activity in your favorite stocks. This helps you quickly identify which names may be setting up for a potential move.

2

Review the Price Cone

See how price has historically behaved after similar setups. This gives you a realistic view of what typically happens next instead of relying on guesswork.

3

Size the move with the bar graph

Switch to Bar Graph view and set your target price level. The bars show how often similar setups reached that distance by upcoming expirations. Toggle between "By Touch" and "By Close" depending on your strategy.

4

Review the chart and table log for context

Review the historical matches before taking a position. Pay attention to how many comparable setups exist and whether they occurred during similar market conditions. This helps you determine how much weight to give the current signal.

Check if your favorite stock had unusual volume today

Open Stock Volume Tool

Get in Touch

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interested in learning more about our tools.