What is a volume signal?
A volume signal is a scored event that flags an unusual change in trading volume for an asset — a spike above its normal range, or an unusual dry-up — relative to that asset’s own recent history.
Volume itself is directionless — it measures attention, not direction. QuantConomy pairs a volume spike with the accompanying price move to lean bullish or bearish, and treats a volume dry-up as fading interest. Read volume as confirmation for other signals rather than a standalone call.
Relative, not absolute
A volume signal is measured against the asset’s own baseline, not a market-wide number. A microcap trading ten times its usual volume is a signal; a mega-cap trading at its normal billions is not. The comparison is always to that asset’s recent history.
Confirmation, not prediction
Volume tells you the market is paying attention; it does not tell you which way. Its best use is confirming another signal — a breakout on heavy volume is more convincing than the same move on thin volume.
Recent examples
Live volume signals from the platform, newest first. Each links to the company.
| Asset | Direction | Strength | What happened | When |
|---|---|---|---|---|
| GRT | neutral | 59 | GRT/TRY major volume spike: 685% of expected volume for Friday 23:00 UTC, price flat 0.12% (strength 59) | 2026-07-10 |
| NEXO | neutral | 66 | NEXO/USDT sustained volume dry-up: 8% of expected volume for Friday 23:00 UTC, price flat 0.00% (strength 66) | 2026-07-10 |
| PENGU | neutral | 57 | PENGU/USDT volume dry-up: 5% of expected volume for Friday 23:00 UTC, price flat 0.05% (strength 57) | 2026-07-10 |
| VELODROME | neutral | 75 | VELODROME/USDT sustained volume dry-up: 4% of expected volume for Friday 23:00 UTC, price flat 0.05% (strength 75) | 2026-07-10 |
| BNSOL | neutral | 31 | BNSOL/USDT sustained volume dry-up: 22% of expected volume for Friday 23:00 UTC, price flat 0.00% (strength 31) | 2026-07-10 |
| APT | neutral | 32 | APT/USDT sustained volume dry-up: 22% of expected volume for Friday 23:00 UTC, price flat 0.16% (strength 32) | 2026-07-10 |
See these in context in the daily market digest . Market context, not advice.
Frequently asked
- Is high volume bullish or bearish?
- Neither on its own. Volume measures participation. Its direction comes from the price action it accompanies, which is why volume signals are best read alongside price and technical signals.
- What is a volume dry-up?
- A drop in trading activity well below the asset’s normal range — often a sign that interest is fading, which can precede a period of low volatility or a trend losing steam.
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