Stock Quotes in this Article: EHTH, QIWI, CUBI

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.

>>5 Stocks Insiders Love Right Now

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.

>>5 Stocks Set to Soar on Bullish Earnings

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

Customers Bancorp

Customers Bancorp (CUBI) provides various banking and financial products and services to small businesses, not-for-profits and consumers. This stock closed up 4.1% at $19.02 in Wednesday's trading session.

Wednesday's Volume: 1.04 million

Three-Month Average Volume: 91,155

Volume % Change: 1061%

From a technical perspective, CUBI spiked sharply higher here with monster upside volume. This stock has been uptrending strong for the last few weeks, with shares moving higher from its low of $16.50 to its recent high of $19.31. During that uptrend, shares of CUBI have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CUBI within range of triggering a big breakout trade. That trade will hit if CUBI manages to take out Wednesday's high at $19.09 to its all-time high at $19.31 with high volume.

Traders should now look for long-biased trades in CUBI as long as it's trending above Wednesday's low of $18.31 or above $17.50 and then once it sustains a move or close above those breakout levels with volume that's near or above 91,155 shares. If that breakout hits soon, then CUBI will set up to enter new all-time high territory, which is bullish technical price action. Some possible upside targets off that breakout are $23 to $25.

Qiwi

Qiwi (QIWI), together with its subsidiaries, operates electronic online payment systems primarily in the Russian Federation, Kazakhstan, Moldova, Belarus, Romania, the U.S. and the United Arab Emirates. . This stock closed up 2.9% at $47.27 in Wednesday's trading session.

Wednesday's Volume: 736,000

Three-Month Average Volume: 380,028

Volume % Change: 68%

From a technical perspective, QIWI spiked notably higher here right above some near-term support at $45 with above-average volume. This stock has been uptrending strong for the last six months, with shares soaring higher from its low of $20.55 to its recent high of $50.33. During that uptrend, shares of QIWI have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of QIWI within range of triggering a major breakout trade. That trade will hit if QIWI manages to take out Wednesday's high of $47.42 to its all-time high at $50.33 with high volume.

Traders should now look for long-biased trades in QIWI as long as it's trending above some near-term support at $45 or at $44.36 and then once it sustains a move or close above those breakout levels with volume that's near or above 380,028 shares. If that breakout hits soon, then QIWI will set up to enter new all-time-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $55 to $60.

eHealth

eHealth (EHTH) offers Internet-based health insurance agency services for individuals, families and small businesses in the U.S., as well as technology licensing and Internet advertising services. This stock closed up 4.9% at $45.03 in Wednesday's trading session.

Wednesday's Volume: 998,000

Three-Month Average Volume: 262,089

Volume % Change: 241%

From a technical perspective, EHTH spiked sharply higher here right above some near-term support at $42.11 with strong upside volume. This move briefly pushed shares of EHTH into breakout and new 52-week high territory, since this stock flirted with some near-term overhead resistance levels at $45.92 to $46.10. Shares of EHTH closed just below those breakout levels at $45.03. Market players should now look for a continuation move higher in the short-term if EHTH can manage to take out Wednesday's high of $48.34 with high volume.

Traders should now look for long-biased trades in EHTH as long as it's trending above Wednesday's low of $43.71 or above more support at $42.11 and then once it sustains a move or close above its new 52-week high at $48.34 with volume that's near or above 262,089 shares. If we get that move soon, then EHTH will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that move are $53 to $55.

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.


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.