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." >>5 Stocks With Big Insider Buying 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. >>5 Hated Earnings Stocks Poised to Pop Michael Kors Michael Kors ( KORS) designs, markets and distributes women's apparel and accessories and men's apparel. It operates in three business segments namely retail, wholesale and licensing. This stock is trading up 2.4% at $57.68 in recent trading. Today's Volume: 4.55 million Average Volume: 5.48 million Volume % Change: 64% Shares of KORS are trending up today after Citigroup recommended using the recent pullback in the stock as a buying opportunity. The firm keeps its buy rating and $75 a share price target on the stock. From a technical perspective, KORS is bouncing higher here right off its 50-day moving average of $56.82 with decent upside volume. This bounce is coming after shares of KORS recently dropped sharply from its 52-week high of $65.10 to its low of $54.58. Shares of KORS have started to rebound off that $54.58 low and it's now quickly moving within range of triggering a near-term breakout trade. That trade will hit if KORS manages to take out some near-term overhead resistance at $59 with high volume. Traders should now look for long-biased trades in KORS as long as it's trending above its 50-day at $56.82, and then once it sustains a move or close above $59 with volume that hits near or above 5.48 million shares. If that breakout triggers soon, then KORS will set up to re-test or possibly take out its next major overhead resistance level at $61.33. Any high-volume move above $61.33 could then put $64 to $65.10 into range for shares of KORS.