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.

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.

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

Twitter

Twitter (TWTR) - Get Twitter, Inc. Report operates as a global platform for public self-expression and conversation in real time. This stock is trading up 4.4% to $28.03 in Monday's trading session.

  • Monday's Volume: 14.77 million
  • Three-Month Average Volume: 22.45 million
  • Volume % Change: 50%

From a technical perspective Twitter is spiking sharply higher here and displaying relative strength versus the overall market weakness with decent upside volume flows. This gap higher on Monday has now started to push shares of Twitter back above its 20-day moving average of $27.56, and it's quickly pushing the stock within range of triggering a major breakout trade. That trade will hit if this stock manages to take out some near-term overhead resistance levels at $29.90 to $30 a share with high volume.

Traders should now look for long-biased trades in Twitter as long as it's trending above its 20-day at $27.56 or above Monday's intraday low of $27.35 and then once it sustains a move or close above those breakout levels with volume that registers near or above 22.45 million shares. If that breakout gets started soon, then this stock will set up to re-test or possibly take out its next major overhead resistancelevels at its 50-day moving average of $31.97 to over $33 a share.

World Wrestling Entertainment

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World Wrestling Entertainment (WWE) - Get World Wrestling Entertainment, Inc. Class A Report , an integrated media and entertainment company, engages in the sports entertainment business in North America, Europe, the Middle East, Africa, the Asia Pacific and Latin America. This stock is trading up 6.4% to $20.72 in Monday's trading session.

  • Monday's Volume: 509,000
  • Three-Month Average Volume: 577,600
  • Volume % Change: 77%

From a technical perspective, World Wrestling Entertainment is spiking sharply higher here right above some near-term support at $19.28 with strong upside volume flows. This strong move to the upside on Monday has shares of World Wresting Entertainment displaying relative strength versus the overall market weakness. This large spike higher on Monday is also quickly pushing this stock within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will hit if this stock manages to clear some near-term overhead resistance levels at 20.70 to its 20-day moving average of $20.93 and then above more key resistance at $21.83 with high volume.

Traders should now look for long-biased trades in World Wrestling Entertainment as long as it's trending above some key near-term support levels at $19.28 or above its 50-day moving average of $18.56 and then once it sustains a move or close above those breakout levels with volume that registers near or above 577,600 shares. If that breakout develops soon, then this stock will set up to re-test or possibly take out its next major overhead resistance level at its 52-week high of $23.63.

Fresh Market

Fresh Market (TFM) operates as a specialty grocery retailer in the U.S. This stock is trading up 2.5% to $21.22 in Monday's trading session.

  • Monday's Volume: 1.03 million
  • Three-Month Average Volume: 925,272
  • Volume % Change: 89%

From a technical perspective, Fresh Market is spiking notably higher here right above some near-term support at $20 with above-average volume. This stock recently gapped-down sharply lower from over $27 to under $20 with strong downside volume flows. Following that move, this stock has started to rebound off its recent low of $18.70 with a number of bullish upside volume days. This rip higher on Monday for shares of Fresh Market is now quickly pushing this stock within range of triggering a major breakout trade above some key near-term overhead resistance levels. That trade will trigger if this stock manages to take out its gap-down-day high of $22.80 with high volume.

Traders should now look for long-biased trades in Fresh Market as long as it's trending above some near-term support at $20 or above its recent low of $18.70 and then once it sustains a move or close above $22.80 with volume that hits near or above 925,272 shares. If that breakout triggers soon, then this stock will set up to re-fill some of its previous gap-down-day zone that started above $27 a share.

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