Stock Quotes in this Article: SWFT, MRIN, CSTM, CMGE

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 Ready to Explode Higher

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 Hedge Funds Love

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

Marin Software

Marin Software (MRIN) operates a cloud-based digital advertising management platform. This stock closed up 14.1% to $11.25 in Wednesday's trading session.

Wednesday's Volume: 1.23 million

Three-Month Average Volume: 167,810

Volume % Change: 693%

From a technical perspective, MRIN skyrocketed higher here right above its 50-day moving average of $9.91 and above some near-term overhead resistance levels at $10.44 to $11.13 with heavy upside volume. This move also briefly pushed shares of MRIN back above its 200-day moving average of $11.33, before the stock closed just below that level at $11.25. Market players should now look for a continuation move higher in the short-term if MRIN manages to take out Wednesday's high of $11.49 with strong volume.

Traders should now look for long-biased trades in MRIN as long as it's trending above $10.40 or above Wednesday's low of $10.13 and then once it sustains a move or close above $11.49 with volume that hits near or above 167,810 shares. If we get that move soon, then MRIN will set up to re-test or possibly take out its next major overhead resistance levels $12.84 to $13.50.

Constellium

Constellium (CSTM) engages in the design, manufacture, and sale of specialty rolled and extruded aluminum products. This stock closed up 3.5% at $26.14 in Wednesday's trading session.

Wednesday's Volume: 1.99 million

Three-Month Average Volume: 587,402

Volume % Change: 342%

From a technical perspective, CSTM jumped higher here right above some near-term support at $25 to $24.30 with strong upside volume. This stock has been uptrending strong over the last three months and change, with shares moving higher from its low of $16.60 to its recent high of $26.79. During that uptrend, shares of CSTM have been consistently making higher lows and higher highs, which is bullish technical price action. That move has now pushed shares of CSTM within range of triggering a near-term breakout trade. That trade will hit if CSTM manages to take out Wednesday's high of $26.23 to its all-time high at $26.79 with high volume.

Traders should now look for long-biased trades in CSTM as long as it's trending above near-term support at $24.30 or above its 50-day at $23.37 and then once it sustains a move or close above those breakout levels with volume that this near or above 587,402 shares. If that breakout hits soon, then CSTM will set up to enter new all-time-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $35 to $37.

Swift Transportation

Swift Transportation (SWFT) operates as a multi-faceted transportation services company and truckload carrier in North America. This stock closed up 3.2% at $23.41 in Wednesday's trading session.

Wednesday's Volume: 5.21 million

Three-Month Average Volume: 1.88 million

Volume % Change: 148%

From a technical perspective, SWFT ripped higher here right off its 50-day moving average of $21.85 with heavy upside volume. This move is quickly pushing shares of SWFT within range of triggering a big breakout trade. That trade will hit if SWFT manages to take out Wednesday's high of $23.48 to its 52-week high at $23.74 with high volume.

Traders should now look for long-biased trades in SWFT as long as it's trending above its 50-day at $21.85 or above $21.50 and then once it sustains a move or close above those breakout levels with volume that hits near or above 1.88 million shares. If that breakout hits soon, then SWFT will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $30 to $33.

China Mobile Games and Entertainment Group

China Mobile Games and Entertainment (CMGE), through its subsidiaries, engages in the development, operation, and sale of feature phone and smartphone games primarily in the People's Republic of China. This stock closed up 19.2% at $39.33 in Wednesday's trading session.

Wednesday's Volume: 814,000

Three-Month Average Volume: 150,416

Volume % Change: 450%

From a technical perspective, CMGE exploded higher here right above some near-term support at $31.37 with monster upside volume. This move pushed shares of CMGE into breakout and new all-time-high territory, since the stock cleared some near-term overhead resistance at $36.49. Market players should now look for a continuation move higher in the short-term if CMGE manages to take out Wednesday's high of $40.31 with high volume.

Traders should now look for long-biased trades in CMGE as long as it's trending above $36 or $35 and then once it sustains a move or close above $40.31 with volume that's near or above 150,416 shares. If we get that move soon, then CMGE will set up to enter new all-time-high territory, which is bullish technical price action. Some possible upside targets off that move are $45 to $50.

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.