Average Volume: 1.08 million
Volume % Change: 62% From a technical perspective, KMP is bouncing modestly higher here right above its 200-day moving average at $83.07 with decent upside volume. This stock has been downtrending badly for the last few weeks, with shares dropping from its high of $89.89 to today's low of $83.10. During that drop, shares of KMP have been consistently making lower highs and lower lows, which is bearish technical price action. That said, shares of KMP have now found support at its 200-day, and if that level holds the stock could rebound sharply to the upside. Traders should now look for long-biased trades in KMP as long as it's trending above its 200-day at $83.07 with strong upside volume flows. I would consider any upside volume day that registers near or above its three-month average action of 1.08 million shares as bullish. If KMP can maintain that trend, then this stock could easily rebound towards $86 to its 50-day moving average at $88.07. To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr. -- Written by Roberto Pedone in Madison, Wis.
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