Stock Quotes in this Article: ENT, JOSB, SWIR

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.

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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.

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

Global Eagle Entertainment

Global Eagle Entertainment (ENT) provides in-flight video content, e-commerce and information services for airlines worldwide. This stock closed up 7.6% at $15.35 in Monday's trading session.

Monday's Volume: 1.94 million

Three-Month Average Volume: 498,490

Volume % Change: 240%

From a technical perspective, ENT ripped sharply higher here right above some near-term support at $14.23 with strong upside volume. This move pushed shares of ENT into breakout territory, since the stock took out some near-term overhead resistance at $15.14. Shares of ENT are now quickly moving within range of triggering another big breakout trade. That trade will hit if ENT manages to take out Monday's high of $15.65 to its all-time-high at $16.30 with high volume.

Traders should now look for long-biased trades in ENT as long as it's trending above some near-term support levels at $14.23 or above $14.06 and then once it sustains a move or close above those breakout levels with volume that's near or above 498,490 shares. If that breakout hits soon, then ENT will set up to enter new all-time-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $20 to $23.

Jos. A Bank Clothiers

Jos. A Bank Clothiers (JOSB) is a designer, manufacturer, retailer and direct marketer (through stores, catalog call center and Internet) of men's tailored and casual clothing and accessories and is a retailer of tuxedo rental products. This stock closed up 4.5% at $56.87 in Monday's trading session.

Monday's Volume: 1.92 million

Three-Month Average Volume: 787,894

Volume % Change: 179%

From a technical perspective, JOSB gapped up sharply higher here right above some near-term support at $53.92 with above-average volume. This move is quickly pushing shares of JOSB within range of triggering a big breakout trade. That trade will hit if JOSB manages to take out Monday's high of $57.38 to its 52-week high of $57.61 with high volume.

Traders should now look for long-biased trades in JOSB as long as it's trending above Monday's low of $55.97 or above more support at $53.92 and then once it sustains a move or close above those breakout levels with volume that's near or above 787,894 shares. If that breakout hits soon, then JOSB will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $65 to $67.

Sierra Wireless

Sierra Wireless (SWIR)
This company provides wireless solutions for the machine-to-machine and mobile computing markets. This stock closed up 3.1% at $25.72 in Monday's trading session.

Monday's Volume: 1.66 million

Three-Month Average Volume: 667,481

Volume % Change: 157%

From a technical perspective, SWIR spiked notably higher here with above-average volume. This stock has been uptrending strong for the last three months, with shares soaring higher from its low near $12 to its recent high of $26.65. During that uptrend, shares of SWIR have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of SWIR within range of triggering a near-term breakout trade. That trade will hit if SWIR manages to take out Monday's high of $26.22 to its 52-week-high at $26.65 with high volume.

Traders should now look for long-biased trades in SWIR as long as it's trending above Monday's low of $25.11 or above more near-term support at $23 and then once it sustains a move or close above $26.22 to $26.65 with volume that hits near or above 667,481 shares. If that breakout hits soon, then SWIR will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $33 to $35.

To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr.

-- Written by Roberto Pedone in Delafield, Wis.


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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.