7 Stocks Rising on Unusual Volume

WINDERMERE, Fla. (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.

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Major moves in volume can signal unusual activity, such as insider buying or selling -- or buying or selling by "superinvestors."

Unusual volume can also be a major signal that hedge funds and momentum traders are piling into a stock ahead of a catalyst. These types of traders like to get in well before a large spike, so it's always a smart move to monitor unusual volume. That said, remember to combine trend and price action with unusual volume. Put them all together to help you decipher the next big trend for any stock.

With that in mind, let's take a look at several stocks rising on unusual volume today.

SouFun ( SFUN)

This company operates as a real estate Internet portal in China. SouFun has real estate-related content, search services, marketing and listing coverage of over 300 cities across the People's Republic of China. This stock is trading up 2.3% at $24.38 in recent trading.

Today's Volume: 238,000

Average Volume: 259,879

Volume % Change: 103%

From a technical perspective, SFUN is bouncing higher here right above some near-term support at $23.01 with decent volume. This stock has been uptrending strongly for the last five months, with shares moving higher from a low of $10.77 to its recent high of $25.61. During that move, shares of SFUN have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed SFUN within range of triggering a near-term breakout trade. That trade will hit once SFUN takes out some near-term overhead resistance at $25.61 with high volume.

Traders should now look for long-biased trades in SFUN as long as it's trending above $23.01, and then once it sustains a move or close above $25.61 with volume that hits near or above 259,879 shares. If that breakout triggers soon, then SFUN will set up to enter all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $28 to $30.

Innospec ( IOSP)

This company develops, manufactures, blends and markets fuel additives, personal care and fragrance products and other specialty chemicals. This stock is trading up 2.7% at $34.14 in recent trading.

Today's Volume: 104,000

Average Volume: 124,459

Volume % Change: 66%

From a technical perspective, IOSP is bouncing higher here right off some near-term support at $33 with decent volume. This move is quickly pushing IOSP within range of triggering a near-term breakout trade. That trade will hit if IOSP manages to clear its 52-week high of $34.87 with high volume.

Traders should now look for long-biased trades in IOSP as long as it's trending above its 50-day at $32.08, and then once it sustains a move or close above $34.87 with volume that hits near or above 124,459 shares. If that breakout triggers soon, then IOSP will set up to re-test or possibly take out its next major overhead resistance levels at $36.18 to $38.24.

China Lodging Group ( HTHT)

This company operates hotel chain in China with leased-and-operated and franchised-and-managed models. This stock is trading up 2.8% at $16.66 in recent trading.

Today's Volume: 63,000

Average Volume: 64,151

Volume % Change: 65%

From a technical perspective, HTHT is trending higher here and moving back above its 50-day moving average of $16.42 with decent volume. This move is quickly pushing the stock within range of triggering a major breakout trade. That trade will hit if HTHT manages to clear some near-term overhead resistance levels at $16.69 to $17.09 and then once it takes out more overhead resistance levels at $17.47 to $17.55 with high volume. At last check, shares of HTHT have hit an intraday high of $16.75 and volume is above to surpass its three-month average action of 64.151 shares.

Traders should now look for long-biased trades in HTHT as long as it's trending above $15, and then once it sustains a move or close above those breakout levels with volume that hits near or above 64,151 shares. If that breakout triggers soon, then HTHT will set up to re-test or possibly take out its next major overhead resistance levels at $18.33 to $18.95. Any high-volume move above those levels will then put $22.50 into focus for shares of HTHT.

ChipMOS Technologies ( IMOS)

This company provides semiconductor testing and assembly services for LCD and other flat-panel display driver semiconductors, and memory and logic/mixed-signal products. This stock is trading up 4.8% at $11.48 in recent trading.

Today's Volume: 195,000

Average Volume: 233,964

Volume % Change: 50%

From a technical perspective, IMOS is bouncing higher here right off its 50-day moving average of $10.84 with decent volume. This move is quickly pushing shares of IMOS within range of triggering a near-term breakout trade. That trade will if IMOS manages to clear some near-term overhead resistance levels at $12 to its 200-day at $12.56 with high volume.

Traders should now look for long-biased trades in IMOS as long as it's trending above some key near-term support at $10.30, and then once it sustains a move or close above those breakout levels with volume that hits near or above 233,964 shares. If that breakout triggers soon, then IMOS will set up to re-test or possibly take out its next major overhead resistance levels at $14 to $15.

Hain Celestial Group ( HAIN)

This company manufactures, markets, distributes and sells natural and organic products under brand names, which are sold as better-for-you products. This stock is trading up 1.6% at $53.55 in recent trading.

Today's Volume: 473,000

Average Volume: 683,441

Volume % Change: 50%

From a technical perspective, HAIN is bouncing higher here right above some previous support at $51.38 with decent volume. That previous support dates back to August. This stock has been downtrending badly for the last four months, with shares dropping from a high of $73.72 to its recent low of $51.51. During that move, shares of HAIN have been mostly making lower highs and lower lows, which is bearish technical price action. That said, shares of HAIN have started to bounce here off oversold levels since its current relative strength index (RSI) reading is 32.20. Oversold can always get more oversold, but it's also an area where stocks can see big bounces from.

Traders should now look for long-biased trades in HAIN as long as it's trending above today's low of $51.51 with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 683,441 shares as bullish. If HAIN can maintain that trend, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at its 200-day of $56.02 or its 50-day of $58.48.

Uni-Pixel ( UNXL)

This is a production-stage company delivering its Performance Engineered Film (PEF) to the display, touch screen and flexible electronics markets. This stock is trading up 23.1% at $13.34 in recent trading.

Today's Volume: 446,000

Average Volume: 228,713

Volume % Change: 162%

From a technical perspective, UNXL is exploding higher here right above some near-term support at $10.25 with monster upside volume. This move is quickly pushing shares of UNXL within range of triggering a major breakout trade. That trade will if UNXL manages to clear some near-term overhead resistance levels at $15 to $16.33 with high volume.

Traders should now look for long-biased trades in UNXL as long as it's trending above $12.50, and then once it sustains a move or close above those breakout levels with volume that hits near or above 228,713 shares. If UNXL can trigger that breakout soon, then this stock will set up to enter new 52-week high territory, which is bullish technical price action. Some possible upside targets off that breakout are $18 to $20.

WABCO ( WBC)

This company is a provider of electronic, mechanical and mechatronic products for the commercial truck, trailer, bus and passenger car manufacturers. This stock is trading up 2.9% at $64.10 in recent trading.

Today's Volume: 1.12 million

Average Volume: 571,731

Volume % Change: 225%

From a technical perspective, WBC is bouncing higher here right off some near-term support at $62 with above-average volume. This stock has been uptrending strongly for the last three months, with shares moving higher from a low of $55.30 to its intraday high of $64.16. During that move, shares of WBC have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now started to push shares of WBC into breakout territory, since the stock has taken out some near-term overhead resistance at $63.57.

Traders should now look for long-biased trades in WBC as long as it's trending above $62 with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 571,731 shares. If WBC can maintain that trend, and especially keep its trend above $63.57, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $67.50 to $70 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.

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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including
CNBC.com and Forbes.com . You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.

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