| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | ROST | 31 | Ross Stores, Inc. |
| 2 | CVE | 26 | Cenovus Energy Inc |
| 3 | OVV | 26 | Ovintiv Inc. (DE) |
| 4 | CELH 🚀 | 16 | Celsius Holdings, Inc. |
| 5 | MRVL 🚀 | 16 | Marvell Technology, Inc. |
| 6 | CRBG | 15 | None |
| 7 | ET | 15 | Energy Transfer LP |
| 8 | EXEL | 15 | Exelixis, Inc. |
| 9 | COP | 14 | ConocoPhillips |
| 10 | QCOM | 14 | QUALCOMM Incorporated |
| 11 | V | 14 | Visa Inc. |
| 12 | PSTG 🚀 | 13 | Pure Storage, Inc. |
| 13 | BLDR | 12 | Builders FirstSource, Inc. |
| 14 | EL | 12 | Estee Lauder Companies, Inc. (T |
| 15 | DVN 🚀 | 10 | Devon Energy Corporation |
| 16 | HAL | 10 | Halliburton Company |
| 17 | PR | 10 | Permian Resources Corporation |
| 18 | APA | 9 | APA Corporation |
| 19 | CNQ | 9 | Canadian Natural Resources Limi |
| 20 | META | 9 | Meta Platforms, Inc. |
| 21 | OXY | 9 | Occidental Petroleum Corporatio |
| 22 | SU | 9 | Suncor Energy Inc. |
| 23 | EOG | 8 | EOG Resources, Inc. |
| 24 | COHR | 7 | Coherent Corp. |
| 25 | CRDO 📈 | 7 | Credo Technology Group Holding |
| 26 | DELL | 6 | Dell Technologies Inc. |
| 27 | DOCS | 6 | Doximity, Inc. |
| 28 | ERX | 6 | Direxion Energy Bull 2X Shares |
| 29 | XOM | 6 | Exxon Mobil Corporation |
| 30 | ASML | 5 | ASML Holding N.V. - New York Re |
| 31 | GUSH | 5 | Direxion Daily S&P Oil & Gas Ex |
| 32 | NET | 5 | Cloudflare, Inc. |
| 33 | ORCL 🚀 | 5 | Oracle Corporation |
| 34 | UAL 🚀 📈 | 5 | United Airlines Holdings, Inc. |
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.