DELAFIELD, Wis. ( 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.>>5 Hated Earnings Stocks You Should Love
Three-Month Average Volume: 88,663
Volume % Change: 501% From a technical perspective, ROG ripped sharply higher here right off its 50-day moving average of $58.36 with strong upside volume. This move pushed shares of ROG into breakout territory, since it took out its former 52-week high at $60.97. Market players can now look for a continuation move out of ROG, since the stock is trading in new 52-week high territory. Traders should now look for long-biased trades in ROG as long as it's trending above $60 or its 50-day at $58.36 and then once it sustains a move or close above Wednesday's high of $61.50 with volume that hits near or above 88,663 shares. If we get that move soon, then ROG will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $65 to $67. Acadia Healthcare Acadia Healthcare ( ACHC) develops and operates a network of behavioral health facilities. It provides premier psychiatric and chemical dependency services to its patients. This stock closed up 8.4% at $42.67 in Wednesday's trading session.