Stock Quotes in this Article: CRUS, KORS, BSAC

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.

Cirrus Logic

Cirrus Logic (CRUS), a fabless semiconductor company, develops analog and mixed-signal integrated circuits for a range of consumer and industrial markets. This stock closed up 5.1% to $24.38 in Monday's trading session.

Monday's Volume: 2.85 million

Three-Month Average Volume: 1.57 million

Volume % Change: 75%

From a technical perspective, CRUS ripped sharply higher here right above its 50-day moving average of $22.73 with strong upside volume flows. This move pushed shares of CRUS into breakout territory, since the stock took out some near-term overhead resistance at $24.06. Shares of CRUS are now starting to trend within range of triggering another big breakout trade. That trade will hit if CRUS manages to take out Monday's intraday high of $24.46 to some past overhead resistance at $25.91 with high volume.

Traders should now look for long-biased trades in CRUS as long as it's trending above Monday's intraday low of $23.22 or above its 50-day at $22.73 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.57 million shares. If that breakout materializes soon, then CRUS will set up to re-test or possibly take out its next major overhead resistance levels at $30 to $32.

Banco Santander-Chile

Banco Santander-Chile (BSAC) provides commercial and retail banking services in Chile. This stock closed up 2.2% at $26.87 in Monday's trading session.

Monday's Volume: 790,000

Three-Month Average Volume: 350,487

Volume % Change: 118%

From a technical perspective, BSAC jumped higher here right above some near-term support at $25.89 and right above its 50-day moving average of $25.47 with above-average volume. This stock has been uptrending strong for the last six months, with shares moving higher from its low of $18.62 to its recent high of $27.09. During that uptrend, shares of BSAC have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of BSAC within range of triggering a near-term breakout trade. That trade will hit if BSAC manages to take out its 52-week high at $27.09 with high volume.

Traders should now look for long-biased trades in BSAC as long as it's trending above support at $25.89 or above its 50-day at $25.47 and then once it sustains a move or close above $27.09 with volume that this near or above 350,487 shares. If that breakout kicks off soon, then BSAC will set up to re-test or possibly take out its next major overhead resistance levels at $29 to $30, or even $31 to $32.

Michael Kors

Michael Kors (KORS) is engaged in the design, marketing, distribution and retailing of branded women's apparel and accessories and men's apparel. This stock closed up 1% to $91.16 in Monday's trading session.

Monday's Volume: 3.69 million

Three-Month Average Volume: 2.79 million

Volume % Change: 50%

From a technical perspective, KORS jumped modestly higher here right above some near-term support at $88 with above-average volume. This stock has been basing and moving sideways for the last few weeks, with shares moving between $87.70 on the downside and around $92 on the upside. This spike higher on Monday is starting to push shares of KORS within range of triggering a near-term breakout trade above the upper-end of its recent range. That trade will hit if KORS manages to take out Monday's intraday high of $91.79 to its 50-day moving average of $92.21 with high volume.

Traders should now look for long-biased trades in KORS as long as it's trending above Monday's intraday low of $89.50 or above more key support at $87.70 and then once it sustains a move or close above those breakout levels with volume that hits near or above 2.79 million shares. If that breakout gets set off soon, then KORS will set up to re-test or possibly take out its next major overhead resistance levels at $94 to $96, or at $99 to $100.

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.