Stock Quotes in this Article: ANN, INGN, MOBL, FNHC


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.

Read More: 5 Breakout Stocks Under $10 Set to Soar

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.

Read More: Warren Buffett's Top 10 Dividend Stocks

MobileIron

MobileIron (MOBL) develops and provides an information technology platform for enterprises to secure and manage mobile applications, content and devices. This stock closed up 12.9% to $10.58 in Monday's trading session.

Monday's Volume: 1.49 million

Three-Month Average Volume: 636,573

Volume % Change: 274%

From a technical perspective, MOBL exploded higher here and broke out above some near-term overhead resistance at $9.60 with heavy upside volume flows. This strong push to the upside on Monday is now quickly pushing shares of MOBL within range of triggering an even bigger breakout trade. That trade will hit if MOBL manages to take out Monday's intraday high of $10.79 to some more key overhead resistance levels at $11.11 to its all-time high of $11.74 with high volume.

Traders should now look for long-biased trades in MOBL as long as it's trending above $10 or above $9.60 and then once it sustains a move or close above those breakout levels with volume that hits near or above 636,573 shares. If that breakout kicks off soon, then MOBL will set up to enter new all-time-high territory above $11.74, which is bullish technical price action. Some possible upside targets off that breakout are $13 to $15.

Read More: 10 Stocks Carl Icahn Loves in 2014

Federated National

Federated National (FNHC), through its subsidiaries, is engaged in the insurance underwriting, distribution and claims processing in the U.S. This stock closed up 2.5% at $24.56 in Monday's trading session.

Monday's Volume: 314,609

Three-Month Average Volume: 241,692

Volume % Change: 50%

From a technical perspective, FNHC trended notably higher here right above its 50-day moving average of $23.40 with above-average volume. This spike to the upside on Monday is starting to push shares of FNHC within range of triggering a major breakout trade. That trade will hit if FNHC manages to take out Monday's intraday high of $25.15 and then once it clears more resistance at $26.26 to its 52-week high at $26.60 with high volume.

Traders should now look for long-biased trades in FNHC as long as it's trending above its 50-day at $23.40 or above more near-term support at $22.46 and then once it sustains a move or close above those breakout levels with volume that's near or above 241,692 shares. If that breakout materializes soon, then FNHC will set up to enter new 52-week-high territory above $26.60, which is bullish technical price action. Some possible upside targets off that breakout are $30 to $35.

Read More: 7 Stocks Warren Buffett Is Selling in 2014

Ann

Ann (ANN), through its subsidiaries, engages in the retailing of women's apparel, shoes and accessories under the Ann Taylor and LOFT brands. This stock closed up 6.4% at $39.94 in Monday's trading session.

Monday's Volume: 2.12 million

Three-Month Average Volume: 667,511

Volume % Change: 209%

From a technical perspective, ANN ripped higher here back above its 50-day moving average of $38.81 and into breakout territory above some near-term overhead resistance at $38.88 with strong upside volume flows. Market players should now look for a continuation move to the upside in the short-term if ANN manages to clear Monday's intraday high of $40.13 with strong volume.

Traders should now look for long-biased trades in ANN as long as it's trending above Monday's intraday low of $38.52 and then once it sustains a move or close above $40.13 with volume that's near or above 667,511 shares. If that move kicks off soon, then ANN will set up to re-test or possibly take out its next major overhead resistance levels at $41 to $42. Any high-volume move above those levels will then give ANN a chance to make a run at its 52-week high of $43.61.

Read More: 10 Stocks George Soros Is Buying

Inogen

Inogen (INGN), a medical technology company, develops, manufactures and markets portable oxygen concentrators. This stock closed up 2.7% at $19.62 in Monday's trading session.

Monday's Volume: 134,000

Three-Month Average Volume: 68,489

Volume % Change: 125%

From a technical perspective, INGN jumped higher here right off some near-term support at $19 with above-average volume. This move to the upside on Monday briefly pushed shares of INGN back above its 50-day moving average of $19.71. Shares of INGN tagged an intraday high of $19.90, before it closed just below that level at $19.62. Share of INGN are now quickly moving within range of triggering a near-term breakout trade. That trade will hit if INGN manages to take out some near-term overhead resistance at $20 to just above $20 with high volume.

Traders should now look for long-biased trades in INGN as long as it's trending above some near-term support at $19 or above $18.50 and then once it sustains a move or close above those breakout levels with volume that's near or above 68,489 shares. If that breakout gets set off soon, then INGN will set up to re-test or possibly take out its next major overhead resistance levels at $21.50 to $22.37. Any high-volume move above those levels will then give INGN a chance to tag its 52-week high at $24.37.

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.