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. Must Read: Warren Buffett's Top 10 Dividend Stocks FireEye FireEye provides products and services for detecting, preventing and resolving advanced cybersecurity threats. This stock is trading up 5.1% to $41.25 in Friday's trading session. Friday's Volume: 10.50 million Three-Month Average Volume: 5.77 million Volume % Change: 365% From a technical perspective, FEYE is ripping sharply higher here with monster upside volume flows. This stock has been uptrending over the last two months, with shares moving higher from its low of $27.50 to its intraday high of $41.99. During that uptrend, shares of FEYE have been making mostly higher lows and higher highs, which is bullish technical price action. This spike higher on Friday is now quickly pushing shares of FEYE within range of triggering a big breakout trade. That trade will trigger if FEYE manages to clear some past overhead resistance at $41.82 with high volume. Traders should now look for long-biased trades in FEYE as long as it's trending above Friday's intraday low of $40.40 or above more near-term support around $38 and then once it sustains a move or close above $41.82 with volume that registers near or above 5.77 million shares. If that breakout develops soon, then FEYE will set up to re-test or possibly take out its next major overhead resistance levels at $52 to around $55. SkyWest SkyWest , through its subsidiaries, operates a regional airline in the U.S. This stock is trading up 16.3% to $13.91 in Friday's trading session. Friday's Volume: 657,000 Three-Month Average Volume: 504,940 Volume % Change: 182% From a technical perspective, SKYW is exploding sharply higher here right off its 50-day moving average of $12.46 and into new 52-week-high territory with above-average volume. This monster spike to the upside on Friday has pushed shares of SKYW into breakout territory, since this stock has taken out or flirted with some key near-term overhead resistance levels at $13.38 to $13.86. Traders should now look for a continuation move to the upside in the short-term if SKYW manages to clear Friday's intraday high of $13.96 with high volume. Traders should now look for long-biased trades in SKYW as long as it's trending above its 50-day moving average of $12.46 or above more near-term support at $11.59 and then once it sustains a move or close above Friday's intraday high of $13.96 with volume that registers near or above 504,940 shares. If that move gets underway soon, then SKYW will set up to re-test or possibly take out its next major overhead resistance levels at $15 to $16, or even $17 to $18. Williams Partners Williams Partners , an energy infrastructure company, focuses on connecting North Americas hydrocarbon resource plays to growing markets for natural gas and natural gas liquids. This stock is trading up 3.1% to $47.90 in Friday's trading session. Friday's Volume: 909,000 Three-Month Average Volume: 911,906 Volume % Change: 120% From a technical perspective, WPZ is gapping up notably higher here right above some near-term support at $45.69 with above-average volume. This spike to the upside on Friday is now quickly pushing shares of WPZ within range of triggering a major breakout trade above a key downtrend line. That trade will hit if WPZ manages to clear some key near-term overhead resistance levels at $48.95 to its 50-day moving average of $49.27 and then above more resistance at $50.43 with high volume. Traders should now look for long-biased trades in WPZ as long as it's trending above Friday's intraday low of $46.90 or above more key near-term support at $45.69 and then once it sustains a move or close above those breakout levels with volume that hits near or above 911,906 shares. If that breakout triggers soon, then WPZ will set up to re-test or possibly take out its next major overhead resistance levels at $53 to $53.50, or even its 200-day moving average of $54.89. Cognex Cognex provides machine vision products that capture and analyze visual information in order to automate tasks primarily in manufacturing processes. This stock is trading up 2.5% to $41.92 in Friday's trading session. Friday's Volume: 1.15 million Three-Month Average Volume: 438,766 Volume % Change: 483% From a technical perspective, CGNX is spiking notably higher here with strong upside volume flows. This stock recently formed a double bottom chart pattern at $36.12 to $36.26. Following that bottom, shares of CGNX have spiked sharply to the upside and back above both its 50-day and 200-day moving averages. This move is now quickly pushing shares of CGNX within range of triggering a major breakout trade above some key overhead resistance levels. That trade will trigger if CGNX manages to take out some key overhead resistance levels at $42.90 to $44 and then above $44.25 to its 52-week high of $45.80 with high volume. Traders should now look for long-biased trades in CGNX as long as it's trending above Friday's intraday low of $39.02 or above its 200-day moving average of $39.26 and then once it sustains a move or close above those breakout levels with volume that hits near or above 438,766 shares. If that breakout begins soon, then CGNX will set up to enter new 52-week-high territory above $45.80, which is bullish technical price action. Some possible upside targets off that move are $50 to $55. -- Written by Roberto Pedone in Delafield, Wis. 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