| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | EOG | 38 | EOG Resources, Inc. |
| 2 | VLO | 34 | Valero Energy Corporation |
| 3 | GUSH | 33 | Direxion Daily S&P Oil & Gas Ex |
| 4 | XOM | 33 | Exxon Mobil Corporation |
| 5 | BIDU | 27 | Baidu, Inc. |
| 6 | DECK 🚀 | 24 | Deckers Outdoor Corporation |
| 7 | CCJ | 23 | Cameco Corporation |
| 8 | JPM | 23 | JP Morgan Chase & Co. |
| 9 | RIVN 🚀 | 23 | Rivian Automotive, Inc. |
| 10 | FTI 🚀 | 21 | TechnipFMC plc |
| 11 | HAL | 21 | Halliburton Company |
| 12 | SW | 21 | Smurfit WestRock plc |
| 13 | CRM | 20 | Salesforce, Inc. |
| 14 | DOCU | 18 | DocuSign, Inc. |
| 15 | DT | 16 | Dynatrace, Inc. |
| 16 | WPM | 13 | Wheaton Precious Metals Corp |
| 17 | BABA | 12 | Alibaba Group Holding Limited |
| 18 | CRWD | 12 | CrowdStrike Holdings, Inc. |
| 19 | AU | 11 | AngloGold Ashanti PLC |
| 20 | NDAQ | 10 | Nasdaq, Inc. |
| 21 | ANET | 8 | Arista Networks, Inc. |
| 22 | CELH | 5 | Celsius Holdings, Inc. |
| 23 | ET | 5 | Energy Transfer LP |
| 24 | SEDG 🚀 📈 | 5 | SolarEdge Technologies, Inc. |
| 25 | SOUN 🚀 📈 | 5 | SoundHound AI, Inc. |
| 26 | TECK | 5 | Teck Resources Ltd |
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.