This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

4 Stocks Spiking on Big Volume

WINDERMERE, Fla. ( Stockpickr) -- Professional traders running mutual funds and hedge funds don't just look at a stock's price moves; they also track big changes in volume activity. Often when above-average volume moves into an equity, it precedes a large spike in volatility.

Major moves in volume can signal unusual activity, such as insider buying or selling -- or buying or selling by "superinvestors."

>>5 Stocks With Major Insider Buying

Unusual volume can also be a major signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst. These types of traders like to get in well before a large spike, so it's always a smart move to monitor unusual volume. That said, remember to combine trend and price action with unusual volume. Put them all together to help you decipher the next big trend for any stock.

With that in mind, let's take a look at several stocks rising on unusual volume today.

>>5 Stocks Ready to BreakOut

Elizabeth Arden

Elizabeth Arden (RDEN - Get Report) is a beauty products company with a portfolio of prestige fragrance, skin care and cosmetics brands. This stock closed up 1% at $40.89 on Wednesday.

Wednesday's Volume: 543,000

Average Volume: 280,770

Volume % Change: 72%

From a technical perspective, RDEN bounced modestly higher here and briefly moved back above its 50-day moving average of $40.98 with above-average volume. Shares of RDEN hit an intraday high of $41.88, but the stock pulled back and closed just below its 50-day. This move is quickly pushing shares of RDEN within range of triggering a major breakout trade. That trade will hit if RDEN manages to take out its 50-day at $40.98 and then once it clears more past resistance at $42 with high volume.

Traders should now look for long-biased trades in RDEN as long as it's trending above its 50-day at $40.98 or above Wednesday's low of $40.02 and then once it sustains a move or close above those breakout levels with volume that hits near or above 280,770 shares. If that breakout triggers soon, then RDEN will set up to re-fill some of its previous gap down zone from late January that started near $48. Some potential targets if RDEN gets into that gap with volume are its 200-day moving average at $43.24, or $44 to $45.
1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
AXL $15.47 -1.90%
FBR $8.80 -0.98%
HRZN $11.34 -1.80%
RDEN $10.27 -1.30%
AAPL $93.34 -1.60%


Chart of I:DJI
DOW 17,679.10 -151.66 -0.85%
S&P 500 2,055.48 -20.33 -0.98%
NASDAQ 4,749.5590 -55.7320 -1.16%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs