Unusual volume stocks - up on high relative volume (RVol) | Canada - TSX, TSXv and CSE

This scan tracks Canadian stocks which are up today on increased volume. Increased volume flows are correlated with volatility. A heightened volume indicates something is going on today and that the stock is “in play”. A stock moving up on unusually high volume typically signifies an outsized demand to own the stock.

Relative volume is a ratio called RVol. We compare current cumulative volume to average cumulative volume for the same time of day. High relative volume is also referred to as a “volume spike”.

If RVol is 5, it means that the stock has generated 5 times its normal volume, for this time of the day.

We use the 5-day average daily volume as the measuring baseline.
 

Stock scanner animations

Entire row flash green - stock has made a new intraday high.
Green up arrow - stock has traded higher from the last update.
Red down arrow - stock has traded lower from the last update.
 

Market coverage

We track the top 1000 most actively traded stocks across TSX, TSXv and CSE. We use the 5-day average daily volume as the measuring baseline.

Our coverage includes constituents of the S&P/TSX and MSCI Canada market indexes. The majority of these stocks have high trading interest from institutions and retail, with a minimum daily average volume of at least 100,000 shares.

Industries and sectors would include:

– Banks, financial institutions, asset managers, investment advisories and stock brokers.
– Loans, credit cards, insurance and mortgage providers.
– Industrial conglomerates and large service/manufacturing companies.
– Technology, biotechnology, healthcare and pharmaceutical companies.
– Property developers, REITs, hotels and commercial space owners.
– Energy, oil & gas, petroleum, chemical and heavy industries.
– Semiconductor, hardware and electronics companies.
– Airlines, aeronautical and engineering firms.
– Telcos and media networks.

ETFs, bonds, preference shares and fixed income instruments are not included in our dataset.
 

Definitions

Time – timestamp of latest intraday high
RVol – intraday adjusted ratio of today's volume compared to the daily average of the most recent 5 days
ATH – all time high
ATL – all time low
52W – 52 week
 

Canadian stock scanner operating hours

Regular trading hours of the Toronto Stock Exchange – 9:30am to 4:00pm ET.