Stock Quotes in this Article: AWI, TBI, YRCW, SODA

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 today.

YRC Worldwide

YRC Worldwide (YRCW), through its subsidiaries, provides various transportation services primarily in North America.. This stock closed up 18.3% to $10 in Monday's trading session.

Monday's Volume: 3.20 million

Three-Month Average Volume: 779,494

Volume % Change: 264%

From a technical perspective, YRCW gapped up sharply and broke out above some near-term overhead resistance at $9.88 with heavy upside volume. This move is quickly pushing shares of YRCW within range of triggering another big breakout trade. That trade will hit if YRCW manages to take out Monday's high of $10.50 to more near-term overhead resistance at $10.63 with high volume.

Traders should now look for long-biased trades in YRCW as long as it's trending above Friday's low of $9.05 and then once it sustains a move or close above those breakout levels with volume that hits near or above 779,494 shares. If that breakout hits soon, then YRCW will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $11.33 to more resistance at $12.38. Any high-volume move above those levels will then give YRCW a chance to tag $15.

SodaStream International

SodaStream International (SODA) is engaged in developing, manufacturing and marketing home beverage carbonation systems and related products. This stock closed up 4.5% to $55.76 in Monday's trading session.

Monday's Volume: 2.58 million

Three-Month Average Volume: 821,331

Volume % Change: 204%

From a technical perspective, SODA ripped sharply higher here right above some previous support at $51.70 with strong upside volume. This move is quickly pushing shares of SODA within range of triggering a major breakout trade. That trade will hit if SODA manages to take out Monday's high of $57.16, and then once it clears some more near-term overhead resistance levels at $58.50 to its 200-day moving average of $59.60 with high volume.

Traders should now look for long-biased trades in SODA as long as it's trending above $54 or $53 and then once it sustains a move or close above those breakout levels with volume that hits near or above 821,331 shares. If that breakout hits soon, then SODA will set up to re-test or possibly take out its next major overhead resistance levels at $64 to $66.80.

Trueblue

Trueblue (TBI) is a provider of temporary blue-collar staffing. It provides a wide range of specialized blue-collar staffing services. This stock closed up 2.3% to $24.44 in Monday's trading session.

Monday's Volume: 639,000

Three-Month Average Volume: 191,750

Volume % Change: 203%

From a technical perspective, TBI spiked modestly higher here right above some near-term support at $23.82 with above-average volume. This stock has found buying interest over the last three months each time it's pulled back below $23. Shares of TBI are now starting to trend within range of triggering a near-term breakout trade. That trade will hit if TBI manages to take out its 50-day moving average of $24.96 and then once it clears more near-term overhead resistance at $25.74 with high volume.

Traders should now look for long-biased trades in TBI as long as it's trending above its 200-day at $23.38 and then once it sustains a move or close above those breakout levels with volume that hits near or above 191,750 shares. If that breakout hits soon, then TBI will set up to re-test or possibly take out its next major overhead resistance levels at $27.43 to its 52-week high at $27.76. Any high-volume move above those levels will then give TBI a chance to tag $30.

Armstrong World Industries

Armstrong World Industries (AWI) is a producer of flooring products and ceiling systems for use mainly in the construction and renovation of residential, commercial and institutional buildings. This stock closed up 3.9% at $54.20 in Monday's trading session.

Monday's Volume: 1.29 million

Three-Month Average Volume: 742,078

Volume % Change: 117%

From a technical perspective, AWI spiked higher here back above its 50-day moving average of $53.09 with above-average volume. This stock has been uptrending strong for the last month, with shares moving higher from its low of $49.54 to its intraday high of $54.70. During that uptrend, shares of AWI have been consistently making higher lows and higher highs, which is bullish technical price action.

Traders should now look for long-biased trades in AWI as long as it's trending above Monday's low of $52.70 or above its 200-day at $51.77 and then once it sustains a move or close above Monday's high of $54.70 with volume that this near or above 742,078 shares. If we get that move soon, then AWI will set up to re-test or possibly take out its next major overhead resistance levels at $57.42 to its 52-week high at $58.48. Any high-volume move above those levels will then give AWI a chance to trend north of $60.

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.