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5 Stocks Rising on Unusual Volume

Xcel Energy

Xcel Energy ( XEL) is engaged in the generation, purchase, transmission, distribution and sale of electricity and in the purchase, transportation, distribution and sale of natural gas. This stock closed up 3.1% at $27.94 in Wednesday's trading session.

Wednesday's Volume: 9.37 million
Three-Month Average Volume: 3.45 million
Volume % Change: 305%

>>5 Hated Earnings Stocks You Should Love

From a technical perspective, XEL bounced notably higher here right above some previous support at $26.86 with monster upside volume. This move pushed shares of XEL into breakout territory, since the stock took out some near-term overhead resistance levels at $27.87 to $27.81. Shares of XEL are now trending within range of triggering another big breakout trade. That trade will hit if XEL manages to take out both its 200-day moving average at $28.15 and its 50-day moving average of $28.46 with high volume.

Traders should now look for long-biased trades in XEL as long as it's trending above some key near-term support at $26.86 and then once it sustains a move or close above those breakout levels with volume that's near or above 3.45 million shares. If that breakout hits soon, then XEL will set up to re-test or possibly take out its next major overhead resistance levels at $29.75 to $30.

AngloGold Ashanti

AngloGold Ashanti ( AU), a gold exploration, mining and marketing company, holds a portfolio of operations and projects on four continents. This stock closed up 8.9% at $14.30 in Wednesday's trading session.

Wednesday's Volume: 10.26 million
Three-Month Average Volume: 4.11 million
Volume % Change: 325%

>>5 Stocks Under $10 in Breakout Territory

From a technical perspective, AU exploded higher here back above its 50-day moving average of $13.41 with monster upside volume. This stock recently formed a double bottom chart pattern at $12.69 to $12.50. Following that bottom, shares of AU have started to rebound sharply higher and move within range of triggering a big breakout trade. That trade will hit if AU manages to take out some near-term overhead resistance levels at $14.95 to $15.23 with high volume.

Traders should now look for long-biased trades in AU as long as it's trending above its 50-day at $13.41 or above more support at $12.50 and then once it sustains a move or close above those breakout levels with volume that's near or above 4.11 million shares. If that breakout hits soon, then AU will set up to re-test or possibly take out its next major overhead resistance levels at $17 to $18, or even $19.

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SYM TRADE IT LAST %CHG
AMCX $79.82 0.00%
AGI $6.96 0.00%
AU $11.49 0.00%
SHEN $33.87 0.00%
XEL $33.65 0.00%

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