4 Stocks Rising on Big Volume

Tickers in this article: AAWW ALB MNST SWM
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. Often when above-average volume moves into an 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."

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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 today.

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Schweitzer-Mauduit International (SWM) is a multinational producer of premium specialty papers and a supplier of fine papers to the tobacco industry. This stock closed up 1.3% at $37.13 on Wednesday.

Wednesday's Volume: 480,000

Average Volume: 178,694

Volume % Change: 179%

From a technical perspective, SWM bounced higher here right off some near-term support at $36 to $35.87 with above-average volume. This move is quickly pushing shares of SWM within range of triggering a near-term breakout trade. That trade will hit if SWM manages to take out its recent gap down day high of $38.24 with high volume. That gap down occurred a few trading sessions ago when shares of SWM plunged from over $40 to $35.87 with heavy downside volume.

Traders should now look for long-biased trades in SWM as long as it's trending above Wednesday's low of $36.56 or that that key near-term support at $35.87, and then once it sustains a move or close above $38.24 with volume that hits near or above 178,694 shares. If that breakout triggers soon, then SWM will set up to re-fill some of its previous gap down zone that started above $40. Some possible upside targets if SWM gets into that gap are its 50-day at $39.40 or even above $40. Albemarle

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Albemarle (ALB) is a developer, manufacturer and marketer of engineered specialty chemicals. This stock closed up 5.5% at $66.15 on Wednesday.

Wednesday's Volume: 1.80 million

Average Volume: 658,103

Volume % Change: 136%

From a technical perspective, ALB gapped up sharply here right above its 50-day moving average of $62.25 with monster upside volume. That gap up occurred after shares of ALB had been trading inside of a consolidation pattern for the last month at around $61 to $63. This move is now quickly pushing shares of ALB within range of triggering a major breakout trade. That trade will hit if ALB manages to take out some near-term overhead resistance at $67.75 and then once it clears its 52-week high of $68.26 with high volume.