MADISON, 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.Major moves in volume can signal unusual activity, such as insider buying or selling -- or buying or selling by "superinvestors."
Average Volume: 317,861
Volume % Change: 191% Shares of ALDW are trending higher in front of its earnings report, which is set to be released on May 8 after the market close. >>5 Hated Stocks That Could Pop in May From a technical perspective, ALDW is spiking higher here back above its 50-day moving average at $25.43 with above-average volume. This move is quickly pushing shares of ALDW within range of triggering a near-term breakout trade. That trade will hit if ALDW manages to take out some near-term overhead resistance at $26.68 to $26.88 with high volume. At last check, ALDW his hit an intraday high of $26.85 and volume is well above its three-month average action of 317,861 shares. Traders should now look for long-biased trades in ALDW as long as it's trending above its 50-day at $25.43 or above today's low of $24.36 and then once it sustains a move or close above those breakout levels with volume that hits near or above 317,861 shares. If that breakout triggers soon, then ALDW will set up to re-test or possibly take out its next major overhead resistance levels at $27.95 to $29.