Stock Quotes in this Article: GLNG, WSBC, WTFC

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.

>>5 Stocks to Sell Before It's Too Late

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.

>>5 Hated Stocks You Should Love

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

Wintrust Financial

Wintrust Financial (WTFC), through its subsidiaries, provides banking and other financial products and services to customers in the Chicago metropolitan area and in southeastern Wisconsin. This stock closed up 1.2% at $46.28 in Friday's trading session.

Friday's Volume: 1.12 million

Three-Month Average Volume: 385,428

Volume % Change: 268%

From a technical perspective, WTFC spiked modestly higher here right above its 50-day moving average of $45.21 with above-average volume. This move is starting to push shares of WTFC within range of triggering a major breakout trade. That trade will hit if WTFC manages to take out Friday's high of $46.77 and then once it clears its 52-week high at $48.06 with high volume.

Traders should now look for long-biased trades in WTFC as long as it's trending above its 50-day at $45.21 or above more support at $44 and then once it sustains a move or close above those breakout levels with volume that's near or above 385,428 shares. If that breakout hits soon, then WTFC will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $55 to $60.

WesBanco

WesBanco (WSBC), operates as a holding company for WesBanco Bank, which provides retail banking, corporate banking, personal and corporate trust services, and mortgage banking and insurance services. This stock closed up 3.6% at $29.81 in Friday's trading session.

Friday's Volume: 311,000

Three-Month Average Volume: 73,731

Volume % Change: 370%

From a technical perspective, WSBC spiked notably higher here right above its 200-day moving average of $28.71 and back above its 50-day moving average of $29.61 with strong upside volume. This move is quickly pushing shares of WSBC within range of triggering a near-term breakout trade. That trade will hit if WSBC manages to take out Friday's high of $30.20 to some more key overhead resistance levels at $30.78 to $31 with high volume.

Traders should now look for long-biased trades in WSBC as long as it's trending above its 200-day at $28.71 and then once it sustains a move or close above those breakout levels with volume that's near or above 73,731 shares. If that breakout gets underway soon, then WSBC will set up to re-test or possibly take out its next major overhead resistance level at its 52-week high of $32.58.

Golar LNG

Golar LNG (GLNG), a midstream liquefied natural gas company, engages in the transportation, regasification and liquefaction, and trading of LNG. This stock closed up 8.4% at $36.60 in Friday's trading session.

Friday's Volume: 3.01 million

Three-Month Average Volume: 831,318

Volume % Change: 283%

From a technical perspective, GLNG soared sharply higher here back above both its 50-day moving average of $35.26 and its 200-day moving average of $35.37 with strong upside volume. This stock recently formed a major bottoming chart pattern, after shares of GLNG found buying interest over the last three months each time it pulled back near $33.50 to $33 a share. Following that bottom, shares of GLNG have started to spike sharply higher and move within range of triggering a major breakout trade. That trade will hit if GLNG manages to take out some key overhead resistance levels at $38 to $39.86 and then once it clears its 52-week high at $40.37 with high volume.

Traders should now look for long-biased trades in GLNG as long as it's trending above its 50-day moving average at $35.26 or above $35 and then once it sustains a move or close above those breakout levels with volume that's near or above 831,318 shares. If that breakout triggers soon, then GLNG will set up to enter new 52-week-high territory, which is bullish technical price action. Some possible upside targets off that breakout are $45 to $50.

To see more stocks rising on unusual volume, check out the Stocks Rising on Unusual Volume portfolio on Stockpickr.

-- Written by Roberto Pedone in Delafield, Wis.


RELATED LINKS:







Follow Stockpickr on Twitter and become a fan on Facebook.

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

Roberto Pedone, based out of Delafield, Wis., is an independent trader who focuses on technical analysis for small- and large-cap stocks, options, futures, commodities and currencies. Roberto studied international business at the Milwaukee School of Engineering, and he spent a year overseas studying business in Lubeck, Germany. His work has appeared on financial outlets including

CNBC.com and Forbes.com. You can follow Pedone on Twitter at www.twitter.com/zerosum24 or @zerosum24.