3 Stocks Rising on Unusual Volume

Susser Petroleum Partners

Susser Petroleum Partners (SUSP) is engaged primarily in a fee-based wholesale distribution of motor fuels to SHC and third parties. This stock is trading up 3.1% at $27.55 in recent trading.

Today's Volume: 362,000

Average Volume: 59,356

Volume % Change: 559%

From a technical perspective, SUSP is trending higher here back above its 50-day moving average of $27.13 with above-average volume. This move is starting to push shares of SUSP within range of triggering a near-term breakout trade. That trade will hit if SUSP manages to take out some near-term overhead resistance levels at $28 to $29.29 and then once it takes out its all-time high at $30.12 with high volume.

Traders should now look for long-biased trades in SUSP as long as it's trending above its 50-day at $27.13, and then once it sustains a move or close above those breakout levels with volume that hits near or above 59,356 shares. If that breakout hits soon, then SUSP will set up to enter new all-time high territory above $30.12, which is bullish technical price action. Some possible upside targets off that breakout are $32 to $35.

Gentherm

Gentherm (THRM) designs, develops, manufactures and markets proprietary technology electronic components and systems for sale to car and truck original equipment manufacturers. This stock is trading up 2.5% at $15.85 in recent trading.

Today's Volume: 277,000

Average Volume: 128,857

Volume % Change: 222%

From a technical perspective, THRM is moving modestly higher here above some near-term support at $15 with above-average volume. This move is quickly pushing shares of THRM within range of triggering a near-term breakout trade. That trade will hit if THRM manages to take out some key overhead resistance levels at $16.18 to $16.50 with high volume.

Traders should now look for long-biased trades in THRM as long as it's trending above $15 or $14.50, and then once it sustains a move or close above those breakout levels with volume that hits near or above 128,857 shares. If that breakout triggers soon, then THRM will set up to re-test or possibly take out its next major overhead resistance levels at $17.74 to $18.18.

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