Stock Quotes in this Article: CALL, CALM, FURX, YNDX, DNKN

WINDERMERE, Fla. (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. Many times when above average volume moves into equity it precedes a large spike in volatility.

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.

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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 today.

 

 

Cal-Mine Foods

Cal-Mine Foods (CALM) is a producer and marketer of shell eggs in the U.S. This stock is trading up 2.3% at $37.34 in recent trading.

Today’s Volume: 174,000

Average Volume: 103,173

Volume % Change: 232%

Shares of CLAM are moving higher today after the company reported a higher profit because it benefited from an extra week of sales this quarter. The company posted a quarterly income of $37.3 million, or $1.56 per share, compared with $7.3 million, or 30 cents per share, a year earlier.

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From atechnical perspective, CALM is gapping up here back above both its 200-day moving average at $36.30 and its 50-day moving average at $37.02 with heavy volume. This stock has also briefly flirted with entering breakout territory, since CLAM has challenged some near-term overhead resistance at $37.61.

Traders should now look for long-biased trades in CALM as long as it’s trending above its 50-day, and above $37.61 to $38.06 with strong upside volume flows. I would consider any upside volume day that registers near or above 103,173 shares as bullish. If we get that action, then CALM could spike towards $39 to $41 in the near future.

Yandex

Yandex (YNDX) is an Internet company in Russia. This stock is trading up 1.6% at $20.55 in recent trading.

Today’s Volume: 1.65 million

Average Volume: 1.5 million

Volume % Change: 131%

Shares of YNDX are trending higher today in front of the company’s earnings report which is scheduled for Tuesday before the market open.

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From a technical perspective, YNDX has started to flirt with a near-term breakout trade here, since the stock has challenged some near-term overhead resistance at $20.48 with heavy volume.

Traders should now wait until after YNDX reports earnings, and then look for long-biased trades if the stock is trending above its 200-day moving average of $21.77 with strong upside volume flows. I would consider any upside volume day that registers near or above 1.5 million shares as bullish. If we see that action after earnings, then look for YNDX to trade up toward $24 to $25.

Dunkin Brands Group

Dunkin Brands Group (DNKN) is a franchisor of restaurants serving coffee and baked goods, as well as ice cream within the quick service restaurant segment of the restaurant industry. This stock is trading up 1.9% at $30.71 in recent trading.

Today’s Volume: 1.5 million

Average Volume: 1.4 million

Volume % Change: 89%

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From a technical perspective, DNKN is bouncing here right around its 200-day moving average of $29.61 with above average volume. This move is also coming off of oversold territory, since DNKN has a current RSI reading of 35.

Traders should continue to look for long-biased trades in DNKN as long as it’s trending above its 200-day at $29.51 and above some more near-term support at $29.29 with strong upside volume flows. I would consider any upside volume day that registers near or above 1,373,170 shares as bullish. If we continue to see that action, then DNKN could rebound higher toward $32 to its 50-day moving average of $33.49 in the near future.

Furiex Pharmaceuticals

Furiex Pharmaceuticals (FURX) is a drug development collaboration company. Furiex’s product pipeline includes two marketed products and three programs in development, including late-stage compounds, in multiple therapeutic areas. This stock is trading up 2.9% at $20.39 in recent trading.

Today’s Volume: 149,000

Average Volume: 85,138

Volume % Change: 84%

Shares of FURX are ripping higher today ahead of the company’s earnings report, which is set for Thursday after the market close.

From a technical perspective, FURX has started to move back above its 50-day moving average of $19.83 here with above average volume.

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Traders should continue to look for long-biased trades in FURX ahead of its earnings report as long as it’s trading above $19.83 with strong volume. I would consider any upside volume day that registers near or above 85,138 shares as bullish. After earnings, I would look for long-biased trades in FURX if it can manage to trigger a major breakout trade.

That trade will hit once FURX takes out some near-term overheard resistance at $22.47 with high volume. Look for a sustained move or close above $22.47 or Thursday’s high (if it’s greater) with volume that’s near or above 85,138 shares. If we get that action, then look for FURX to hit $25 or higher post-earnings.

Saia

Saia (SAIA) is an asset-based trucking company that provides regional and interregional less-than-truckload services and selected longer haul LTL, along with limited truckload service solutions to a base of customers and industries across the U.S. This stock is trading up 1.9% at $22.95 in recent trading.

Today’s Volume: 150,000

Average Volume: 155,652

Volume % Change: 85%

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From a technical perspective, SAIA is trending to the upside here with decent volume. This move has started to push SAIA into breakout territory, since the stock has challenged some near-term overhead resistance at $23.17. At last check, SAIA has hit an intraday high of $23.79 and volume is closing in on its three-month average action of 155,652 shares.

Traders should now look for long-biased trades in SAIA as long as it’s trending above $22.63 to $23.17 with strong upside volume flows. I would consider any upside volume day that registers near or above 155,652 shares as bullish. If we continue to see that action, then SAID could be setting up to trend north of $25.

MagicJack VocalTec

MagicJack VocalTec (CALL) is a provider of voice-over-Internet-Protocol (VoIP), the softphone (magicJack PC) and the magicJack products. This stock is trading up 7.5% at $21.78 in recent trading.

Today’s Volume: 398,000

Average Volume: 513,457

Volume % Change: 50%

Shares of CALL are ripping higher today after the company reported a near four-fold rise in quarterly profit, helped by strong sales of its MagicJack Plus product, which allows users to directly connect to a home phone to make unlimited calls over the Internet.

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From a technical perspective, CALL is gapping up sharply here with decent volume right off some near-term support at $19.66. This move is quickly pushing CALL within range of triggering a major breakout trade. That trade will hit once CALL takes out some near-term overhead resistance levels at $22.70 to $23 with high volume.

Traders should look for long-biased trades once CALL sustains a move or close above those levels with volume that’s near or above 513,457 shares. If we get that action soon, then CALL could setup to spike back toward its April high of $26.50.

MYR Group

MYR Group (MYRG) is a specialty contractor serving the electrical infrastructure market in the U.S. This stock is trading up 3.9% at $15.55 in recent trading.

Today’s Volume: 116,000

Average Volume: 174,283

Volume % Change: 51%

From a technical perspective, MYRG is bouncing here right off some near-term support at $15 with decent volume. This move is quickly pushing MYRG within range of a near-term breakout trade. That trade will hit once MYRG takes out its 50-day moving average of $15.88 with high volume.

Traders should now look for long-biased trades once MYRG sustains a move or close above $15.88 with volume that’s near or above 174,283 shares. If that breakout triggers soon, then look for MYRG to re-test and possibly take out its 200-day moving average of $18.

To see more stocks rising on unusual volume, check out the Stocks Rising On Unusual Volume portfolio on Stockpickr.

-- Written by Roberto Pedone in Winderemere, Fla.

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At the time of publication, author had no positions in stocks mentioned.

Roberto Pedone, based out of Windermere, Fla., is an independent trader who focuses on stocks, options, futures, commodities and currencies. He is also an outside contributor to Beconequity.com and maintains the website Maddmoney.net, which he sold to Blue Wave Advisors in 2008. Roberto studied International Business at The Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany.