| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | JHX 🚀 | 38 | James Hardie Industries plc. |
| 2 | CELH 🚀 | 29 | Celsius Holdings, Inc. |
| 3 | NOK 🚀 | 26 | Nokia Corporation Sponsored |
| 4 | YUMC | 18 | Yum China Holdings, Inc. |
| 5 | IFF | 13 | International Flavors & Fragran |
| 6 | XPEV 🚀 📈 | 13 | XPeng Inc. |
| 7 | BHP | 10 | BHP Group Limited |
| 8 | IP | 10 | International Paper Company |
| 9 | APH | 9 | Amphenol Corporation |
| 10 | LI | 9 | Li Auto Inc. |
| 11 | TQQQ | 9 | ProShares UltraPro QQQ |
| 12 | ASX | 8 | ASE Technology Holding Co., Ltd |
| 13 | NIO 🚀 📈 | 8 | NIO Inc. |
| 14 | CPNG 🚀 | 7 | Coupang, Inc. |
| 15 | CRH | 7 | CRH PLC |
| 16 | SO | 6 | Southern Company (The) |
| 17 | SPOT | 6 | Spotify Technology S.A. |
| 18 | STM | 6 | STMicroelectronics N.V. |
| 19 | BCE | 5 | BCE, Inc. |
| 20 | KR | 5 | Kroger Company (The) |
| 21 | SGI | 5 | Somnigroup International Inc. |
| 22 | TGT | 5 | Target Corporation |
In stock trading, a "consolidation" period is a phase where a stock's price trades within a narrow range, often with decreasing volume. This represents a period of market indecision, where buyers and sellers are in a relative balance. The "good" thing about a stock breaking higher out of this consolidation is that it can signal the start of a new, powerful uptrend. A breakout to the upside suggests that buyers have finally overwhelmed sellers, and the accumulated energy from the consolidation period is being released in a bullish direction. This is often accompanied by a significant increase in trading volume, which confirms the conviction of the move. The longer and tighter the consolidation, the more significant the potential breakout. For traders, a breakout from consolidation can provide a low-risk, high-reward entry point. The resistance level that defined the top of the consolidation range now becomes a new support level. This provides a clear area for traders to place a stop-loss order, helping to manage risk. The potential for a strong, sustained move higher makes this a favorite strategy for identifying new momentum plays.