5 Stocks Spiking on Big Volume

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.

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 recently.

Qunar Cayman Islands

Qunar Cayman Islands (QUNR) operates online travel commerce platform for travel service providers and display advertisers in the People's Republic of China. This stock closed up 5.7% at $30.72 in Friday's trading session.

Friday's Volume: 4.10 million
Three-Month Average Volume: 680,462
Volume % Change: 515%

From a technical perspective, QUNR gapped sharply higher here and broke out above some near-term overhead resistance at $29.91 with monster upside volume flows. This strong spike to the upside on Friday is now starting to push shares of QUNR within range of triggering another big breakout trade. That trade will hit if QUNR manages to take out Friday's intraday high of $31.85 to some past overhead resistance levels at $33.72 to $33.70 with high volume.

Traders should now look for long-biased trades in QUNR as long as it's trending above Friday's intraday low of $29.90 or above more near-term support at $29 and then once it sustains a move or close above those breakout levels with volume that hits near or above 680,462 shares. If that breakout hits soon, then QUNR will set up to re-test or possibly take out its all-time high at $36.73.

Repros Therapeutics

Repros Therapeutics (RPRX) a development stage biopharmaceutical company, focuses on the development of new drugs to treat hormonal and reproductive system disorders in the U.S. This stock closed up 11.7% at $17.01 in Friday's trading session.

Friday's Volume: 1.01 million
Three-Month Average Volume: 213,939
Volume % Change: 385%

From a technical perspective, RPRX exploded higher here back above its 50-day moving average of $15.48 with monster upside volume flows. This sharp move to the upside on Friday also briefly pushed shares of RPRX back above its 200-day moving average of $17.05, before the stock closed just below that level at $17.01. Shares of RPRX are now quickly moving within range of triggering a major breakout trade. That trade will hit if RPRX manages to take out some key overhead resistance levels at $17.50 to $17.78 and then once it clears some past resistance at $18.14 to $18.40 with high volume.

Traders should now look for long-biased trades in RPRX as long as it's trending above $16 or above its 50-day at $15.48 and then once it sustains a move or close above those breakout levels with volume that's near or above 213,939 shares. If that breakout triggers soon, then RPRX will set up to re-test or possibly take out its next major overhead resistance levels at $20.77 to $21.72, or $22.57.

Voxeljet AG

Voxeljet AG (VJET) provides three-dimensional printers and on-demand parts services to industrial and commercial customers. This stock closed up 6.6% at $16.87 in Friday's trading session.

Friday's Volume: 1.29 million
Three-Month Average Volume: 684,419
Volume % Change: 90%

From a technical perspective, VJET ripped sharply higher here right off some near-term support at $16 with above-average volume. This sharp spike to the upside on Friday also briefly pushed shares of VJET into breakout territory, since the stock flirted with some near-term overhead resistance at $17.60. Shares of VJET tagged an intraday high of $17.75, before the stock pulled back and closed below that level $16.87. This move has now started to push shares of VJET within range of triggering another big breakout trade. That trade will hit if VJET manages to take out Friday's intraday high of $17.75 to its 50-day moving average of $17.94 with high volume.

Traders should now look for long-biased trades in VJET as long as it's trending above Friday's intraday low of $15.88 and then once it sustains a move or close above those breakout levels with volume that's near or above 684,419 shares. If that breakout kicks off soon, then VJET will set up to re-test or possibly take out its next major overhead resistance levels at $19.95 to $21.64.

Salesforce.com

Salesforce.com (CRM) provides enterprise cloud computing solutions to various businesses and industries worldwide. This stock closed up 7.3% at $59.80 in Friday's trading session.

Friday's Volume: 25.34 million
Three-Month Average Volume: 5.06 million
Volume % Change: 363%

From a technical perspective, CRM gapped sharply higher here and broke out above some near-term overhead resistance levels at $56.49 to $59.48 with high volume. Market players should now look for a continuation move to the upside in the short-term if CRM manages to take out Friday's intraday high of $61.01 with high volume.

Traders should now look for long-biased trades in CRM as long as it's trending above Friday's intraday low of $57.77 and then once it sustains a move or close above $61.01 with volume that's near or above 5.06 million shares. If that move gets underway soon, then CRM will set up to re-test or possibly take out its next major overhead resistance levels at $64 to its 52-week high at $67.

SeaWorld Entertainment

SeaWorld Entertainment (SEAS) operates as a theme park and entertainment company in the U.S. This stock closed up 6.6% at $20.27 in Friday's trading session.

Friday's Volume: 9.64 million
Three-Month Average Volume: 2.42 million
Volume % Change: 409%

From a technical perspective, SEAS trended sharply higher here right above some near-term support at $19 with heavy upside volume flows. This stock recently gapped down sharply from $28.44 to $17.83 with monster downside volume. Shares of SEAS are now starting to rebound sharply higher off that $17.83 low and it's quickly moving within range of triggering a major breakout trade. That trade will hit if SEAS manages to take out Friday's intraday high of $20.85 to its gap-down-day high of $21.35 with high volume.

Traders should now look for long-biased trades in SEAS as long as it's trending above some near-term support at $19 and then once it sustains a move or close above those breakout levels with volume that's near or above 2.42 million shares. If that breakout kicks off soon, then SEAS will set up to re-fill some of its previous gap-down-day zone that started at $28.44.

-- Written by Roberto Pedone in Delafield, Wis.

RELATED LINKS:

 

 

 

Follow Stockpickr on Twitter and become a fan on Facebook.

At the time of publication, author had no positions in stocks mentioned. Roberto Pedone, based out of Delafield, Wis., 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.

More from Investing

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Trump's 'Space Force' Could Launch a $1 Trillion Industry, Morgan Stanley Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Abiomed Stock Should Rise Some 12% From Here, Piper Jaffray Analyst Says

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: Here Is Why Carvana Isn't Worried About Amazon

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat