Technical
What is Volume Surge (3×)?
A session trading at least three times its average recent volume — an attention spike where something pulled dramatically more participation than normal.
Formula
Signal fires when: Day's Volume ≥ 3 × Average Recent Volume
How to Interpret
Volume surges VALIDATE whatever price did that day: a breakout on 3× volume is credible; the same breakout on thin volume is suspect. Surges at the end of extended trends can mark climactic exhaustion instead.
Typical Ranges
Direction-neutral by itself. Scheduled events (earnings, index rebalances, expiries) produce mechanical surges with no forecasting content.
Find Stocks Using This Signal
Screen US and Indian stocks by Volume Surge in the Technical Screener.