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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.

Genesee & Wyoming

  • Monday's Volume: 614,000
  • Three-Month Average Volume: 751,863
  • Volume % Change: 139%

Genesee & Wyoming (GWR) - Get Genesee & Wyoming, Inc. Class A Report owns and operates short line and regional freight railroads, and provides railcar switching and other rail-related services. This stock is trading up 6.6% to $65.44 in Monday's trading session.

From a technical perspective, Genesee & Wyoming is ripping sharply higher here back above its 20-day moving average of $63.21 with strong upside volume flows. This big spike to the upside on Monday is starting to push shares of Genesee & Wyoming within range of triggering a near-term breakout trade above some key overhead resistance levels. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $67 to its 50-day moving average of $67.41 with high volume.

Traders should now look for long-biased trades in Genesee & Wyoming as long as it's trending above its 20-day moving average of $63.21 or above Monday's intraday low of $61.70 and then once it sustains a move or close above those breakout levels with volume that hits near or above 751,863 shares. If that breakout hits soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $70.34 to $70.50, or even $73 to $75 a share.

MakeMyTrip

  • Monday's Volume: 624,,000
  • Three-Month Average Volume: 367,602
  • Volume % Change: 345%

MakeMyTrip (MMYT) - Get MakeMyTrip Ltd. Report , an online travel company, provides travel products and solutions in India and internationally. This stock is trading up 7.5% to $15.57 in Monday's trading session.

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From a technical perspective, MakeMyTrip is surging sharply higher here right above its 50-day moving average of $14.31 with strong upside volume flows. This spike higher on Monday has now pushed shares of MakeMyTrip into breakout territory, since the stock has cleared some near-term overhead resistance levels at $15 to $15.32. Shares of MakeMyTrip are now quickly moving within range of triggering another big breakout trade. That trade will trigger if this stock manages to take out some near-term overhead resistance at $16 a share with high volume.

Traders should now look for long-biased trades in MakeMyTrip as long as it's trending above some near-term support at $15 or above its 50-day moving average of $14.31 then once it sustains a move or close above $16 with volume that hits near or above 367,602 shares. If that breakout takes hold soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $18 to around $19 a share.

TG Therapeutics

  • Monday's Volume: 678,000
  • Three-Month Average Volume: 655,753
  • Volume % Change: 200%

TG Therapeutics (TGTX) - Get TG Therapeutics, Inc. Report , a biopharmaceutical company, focuses on the acquisition, development and commercialization of novel treatments for b-cell malignancies and autoimmune diseases. This stock is trading up 1.5% to $12.11 in Monday's trading session.

From a technical perspective, TG Therapeutics is trending modestly higher here right off its 20-day moving average of $11.64 with strong upside volume flows. This stock has been uptrending over the last few weeks, with shares moving sharply higher off its low of $9.54 to its intraday high on Monday of $12.81 a share. During that uptrend, shares of TG Therapeutics have been making mostly higher lows and higher highs, which is bullish technical price action. This move has now started to push this stock within range of triggering a near-term breakout trade. That trade will trigger if this stock manages to take out some near-term overhead resistance levels at $13 to $13.37 and then above its 50-day moving average of $13.67 a share with high volume.

Traders should now look for long-biased trades in TG Therapeutics as long as it's trending above its 20-day moving average of $11.64 and then once it sustains a move or close above those breakout levels with volume that hits near or above 655,753 shares. If that breakout develops soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at $15.06 to its 200-day moving average of $15.27, or even $16 a share.

Kraton Performance Polymers

  • Monday's Volume: 283,000
  • Three-Month Average Volume: 236,012
  • Volume % Change: 187%


Kraton Performance Polymers (KRA) - Get Kraton Corporation Report produces and sells styrenic block copolymers and other engineered polymers in the Americas, Europe, the Middle East, Africa and the Asia Pacific. This stock is trading up 2.8% to $18.58 in Monday's trading session.

From a technical perspective Kraton Performance Polymers is trending higher here right above some near-term support at around $18 a share with strong upside volume flows. This stock has been uptrending over the last few weeks, with shares moving higher off its low of $16.97 to its intraday high on Monday of $18.85 a share. During this consistent high-volume uptrend, shares of Kraton Performance Polymers have been making mostly higher lows and higher highs, which is bullish technical price action. That move has now pushed this stock within range of triggering a near-term breakout trade. That trade will hit if this stock manages to take out Monday's intraday high of $18.85 to its 20-day moving average of $19.19 a share with high volume.

Traders should now look for long-biased trades in Kraton Performance Polymers as long as it's trending above some near-term support at around $18 or at $17.79 and then once it sustains a move or close above those breakout levels with volume that registers near or above 236,012 shares. If that breakout materializes soon, then this stock will set up to re-test or possibly take out its next major overhead resistance levels at its 50-day moving average of $20.36 to $20.75, or even its 200-day moving average of $21.11 to $21.42 a share.

Disclosure: This article is commentary by an independent contributor. At the time of publication, the author held no positions in the stocks mentioned.