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 Rising on Unusual Volume

Impac Mortgage Holdings

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Impac Mortgage Holdings (IMH - Get Report) focuses on mortgage and real estate services. This stock closed up 5.9% at $10.80 on Tuesday.

Tuesday's Volume: 262,289

Average Volume: 140,057

Volume % Change: 87%

>>5 Big Trades in the Financial Sector

From a technical perspective, IMH bounced strong here right off some near-term support at $9.65 with above-average volume. This stock has been uptrending very strong for the last two months and change, with shares soaring from under $3 to its recent high of $11.94. During that uptrend, shares of IMH have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed IMH within range of triggering a major breakout trade. That trade will hit once IMH manages to take out some near-term overhead resistance at $11.94 with high volume.

Traders should now look for long-biased trades in IMH as long as it's trending above $9.65, and then once it takes out $11.94 with volume that registers near or above 136,029 shares. If that breakout triggers soon, then look for IMH to trend up towards $15 or higher in the near future.

To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.


Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to and maintains the website, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.
5 of 5

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
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
Only $49.95
14-Days Free
14-Days Free
AVG $21.02 0.00%
IMH $18.21 0.00%
MSCI $70.61 0.00%
PKG $68.00 0.00%
AAPL $117.81 0.00%


Chart of I:DJI
DOW 17,798.49 -14.90 -0.08%
S&P 500 2,090.11 +1.24 0.06%
NASDAQ 5,127.5250 +11.3820 0.22%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs