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7 Stocks Rising on Unusual Volume


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Saia (SAIA) is an asset-based trucking company that provides regional and interregional less-than-truckload services and selected longer haul LTL, along with limited truckload service solutions to a base of customers and industries across the U.S. This stock is trading up 1.9% at $22.95 in recent trading.

Today's Volume: 150,000

Average Volume: 155,652

Volume % Change: 85%

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From a technical perspective, SAIA is trending to the upside here with decent volume. This move has started to push SAIA into breakout territory, since the stock has challenged some near-term overhead resistance at $23.17. At last check, SAIA has hit an intraday high of $23.79 and volume is closing in on its three-month average action of 155,652 shares.

Traders should now look for long-biased trades in SAIA as long as it's trending above $22.63 to $23.17 with strong upside volume flows. I would consider any upside volume day that registers near or above 155,652 shares as bullish. If we continue to see that action, then SAID could be setting up to trend north of $25.
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