3 stocks endured heavy volumes amid market jump today

Terminix Global Holdings, Inc., Enel Américas S.A., Umpqua Holdings Corporation and others reached higher-than-usual trading volumes.

Here's an update with information from the last trading session: Markets closed higher today; Nasdaq ended the session at 12,976 after a 2.19% gain. S&P 500 gained 1.3% and closed at 4,205.45.

Why Trading Volume Matters

Trading volume is simply the total number of shares traded including both buy and sell orders. If a stock has appreciated on high volume, it is more likely to be a sustained move compared to an appreciation with low volume. Typically, high volume trading sessions are considered significant occurrences and closely watched by traders.

Price action was mostly bullish today with some stocks recording abnormally high trading volumes. Here's a recap:

Terminix | 482% above rolling average

Trading volume was 25.88 million shares today — beating the daily average by a mammoth 482%.

The residential and commercial pest control provider has fallen back around 16.64% over the past 9 months, from a notable high of $45.66. Pointing downwards for around 7 months. Having fallen $2.92 in 19 days,

Enel Americas | 3,026% above rolling average

During today's session, Enel Americas toiled and struggled for upward momentum before closing at $4.81. By the close, the the electric power distribution company suffered a 24 cents or 4.75% loss.

Today's trading volume was 32.43 million shares (surpassing the daily average by 3,026%).

Umpqua Bank | 1,000% above rolling average

Trading volume was 24.81 million shares today — beating the daily average by a mammoth 1,000%.

Having set a significant high of $20.93 6 months ago, the local business bank is trading 15.62% lower. Trending downwards for around 3 months. Umpqua Bank is on a 16 day downtrend

— Average trading volume refers to a 21-day rolling average.