These 7 Stocks Are Spiking on Big Volume

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."

Stocks with unusual volume are something that I tweet about on a daily basis. These are also the exact type of stocks that I love to trade and alert to my subscribers in real-time.

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.


Walt Disney

  • Wednesday's Volume: 27.16 million
  • Three-Month Average Volume: 7.58 million
  • Volume % Change: 264%

Walt Disney  (DIS) , together with its subsidiaries, operates as an entertainment company worldwide. This stock closed up 1.2% to $97.86 in Wednesday's trading session.

From a technical perspective, Walt Disney spiked modestly higher on Wednesday back above both its 20-day moving average of $97.18 a share and its 50-day moving average of $97.46 a share with monster upside volume flows. This high-volume bump to the upside is now quickly pushing shares of Walt Disney within range of triggering a near-term breakout trade above some key overhead resistance levels. That trade will trigger if this stock manages to clear Wednesday's intraday high of $99.27 a share and then once it clears more key resistance levels at $100.80 to its 200-day moving average of $100.94 a share with high volume.

Traders should now look for long-biased trades in Walt Disney as long as it's trending above Wednesday's intraday low of $95.85 a share or above more near-term support at $94.56 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 7.58 million shares. If that breakout hits soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $104 to $106 a share.

Altisource Portfolio Solutions

  • Wednesday's Volume: 1.91 million
  • Three-Month Average Volume: 490,519
  • Volume % Change: 278%

Altisource Portfolio Solutions  (ASPS)  operates as a marketplace and transaction solutions provider for the real estate, mortgage and consumer debt industries in the U.S. This stock closed up 12.8% to $29.29 in Wednesday's trading session.

From a technical perspective, Altisource Portfolio Solutions gapped-up sharply higher on Wednesday back above both its 50-day moving average of $26.63 a share and its 200-day moving average of $27.06 a share with strong upside volume flows. This high-volume explosion to the upside is now quickly pushing shares of Altisource Portfolio Solutions within range of triggering a near-term breakout trade above some key overhead resistance levels. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $30 to $31.40 a share with high volume.

Traders should now look for long-biased trades in Altisource Portfolio Solutions as long as it's trending above Wednesday's intraday low of $27.59 a share or above its 50-day moving average of $26.63 a share and then once it sustains a move or close above those breakout levels with volume that hits near or above 490,519 shares. If that breakout develops soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $32.55 to its 52-week high of $37 a share.

ChipMOS Technologies

  • Wednesday's Volume: 331,000
  • Three-Month Average Volume: 89,303
  • Volume % Change: 286%

ChipMOS Technologies  (IMOS)  provides semiconductor testing and assembly services in Taiwan, Singapore, the U.S., Japan, South Korea, Hong Kong and other countries. This stock closed up 3.5% to $18.19 in Wednesday's trading session.

From a technical perspective, ChipMOS Technologies jumped sharply higher on Wednesday right off its 20-day moving average of $17.40 a share and back above both its 50-day moving average of $17.85 a share and its 200-day moving average of $17.91 a share with strong upside volume flows. Market players should now look for a continuation move to the upside in the short-term if this stock manages to clear Wednesday's intraday high of $18.25 a share to some more near-term overhead resistance around $18.50 a share with high volume.

Traders should now look for long-biased trades in ChipMOS Technologies as long as it's trending above its 20-day moving average of $17.40 a share and then once it sustains a move or close above $18.25 to $18.50 a share with volume that hits near or above 89,303 shares. If that move gets underway soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $19.37 to its 52-week high of $20.78, or even $23 a share.

Lockheed Martin

  • Wednesday's Volume: 9.56 million
  • Three-Month Average Volume: 2.21 million
  • Volume % Change: 406%

Lockheed Martin  (LMT) , a security and aerospace company, engages in the research, design, development, manufacture, integration and sustainment of technology systems, products and services worldwide. This stock closed up 0.25% to $261.30 in Wednesday's trading session.

From a technical perspective, Lockheed Martin spiked modestly higher on Wednesday right above its 20-day moving average of $256.85 a share with monster upside volume flows. This stock has been uptrending strong over the last six months, with shares ripping higher off its low of $200.74 a share to its recent high of $263.37 a share. During that uptrend, shares of Lockheed Martin have been consistently making higher lows and higher highs, which is bullish technical price action. This high-volume bump to the upside on Wednesday is now quickly pushing this stock within range of triggering a near-term breakout trade. That trade will trigger if this stock manages to take out Wednesday's intraday high of $262.10 a share and then once it clears its 52-week high of $263.37 a share with high volume.

Traders should now look for long-biased trades in Lockheed Martin as long as it's trending above its 20-day moving average of $256.85 a share or above more near-term support at $252.05 a share and then once it sustains a move or close above those breakout levels with volume that registers near or above 2.21 million shares. If that breakout fires off 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 move are $270 to $275, or even $280 to $285 a share.

Ralph Lauren

  • Wednesday's Volume: 3.77 million
  • Three-Month Average Volume: 1.47 million
  • Volume % Change: 179%

Ralph Lauren  (RL)  designs, markets and distributes lifestyle products worldwide. This stock closed up 8.4% to $103.14 in Wednesday's trading session.

From a technical perspective, Ralph Lauren gapped-up sharply higher on Wednesday back above both its 20-day moving average of $97.86 a share and its 200-day moving average of $100.14 a share with strong upside volume flows. This high-volume rip to the upside also pushed shares of Ralph Lauren into breakout territory, after the stock closed above some near-term overhead resistance at $101.71 a share. Market players should now look for a continuation move to the upside in the short-term if this stock manages to take out Wednesday's intraday high of $105.69 a share with high volume.

Traders should now look for long-biased trades in Ralph Lauren as long as it's trending above its previous breakout level at $101.17 a share or above its 200-day moving average of $100.14 a share and then once it sustains a move or close above Wednesday's intraday high of $105.69 a share with volume that hits near or above 1.47 million shares. If that move gets underway soon, then this stock will set up to re-fill some more of its previous gap-down-day zone from February that started near $114.50 a share.

ExOne

  • Wednesday's Volume: 867,000
  • Three-Month Average Volume: 169,686
  • Volume % Change: 683%

ExOne  (XONE)  develops, manufactures and markets 3D printing machines, 3D printed and other products, materials and services primarily in North America, Europe, and Asia. This stock closed up 9.7% to $12.70 in Wednesday's trading session.

From a technical perspective, ExOne spiked sharply higher on Wednesday and broke out above some near-term overhead resistance levels at $11.70 to $11.85 a share with strong upside volume flows. This breakout took shares of ExOne above its recent trading range, which saw the stock move between $10 a share on the downside and $11.85 a share on the upside. Market players should now look for a continuation move to the upside in the short-term if this stock manages to clear Wednesday's intraday high of $13.43 a share with strong upside volume flows.

Traders should now look for long-biased trades in ExOne as long as it's trending above Wednesday's intraday low of $11.89 a share or above $11.50 a share and then once it sustains a move or close above Wednesday's intraday high of $13.43 a share with volume that hits near or above 169,686 shares. If that move gets underway soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $14.42 to its 52-week high of $14.75, or even $16 to $17 a share.

SAExploration

SAExploration  (SAEX) , an oilfield services company, provides seismic data acquisition and logistical support services to the oil and gas industry in North and South America and Southeast Asia. This stock closed up 3.3% to $17.31 in Wednesday's trading session.

  • Wednesday's Volume: 2.06 million
  • Three-Month Average Volume: 148,095
  • Volume % Change: 1138%

From a technical perspective, SAExploration spiked notably higher on Wednesday right above Tuesday's intraday low of $16.21 a share with monster upside volume flows. This stock recently collapsed lower over the last few trading sessions off its high of $75 a share to that $16.21 low with heavy downside volume flows. That being said, shares of SAExploration have now started to stabilize a bit and bounce higher off that $16.21 low with strong volume. Market players should now look for a continuation move to the upside in the short-term if this stock manages to take out Wednesday's intraday high of $19.11 a share with high volume.

Traders should now look for long-biased trades in SAExploration as long as it's trending above Tuesday's intraday low at $16.21 a share or above the $16 a share area and then once it sustains a move or close above Wednesday's intraday high of $19.11 a share with volume that hits near or above 148,095 shares. If that move gets started soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at its 20-day moving average of $21.41 to around $23, or even $24 to $27 a share.

Disclosure: This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.

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