Wednesday August 20, 2025 Stocks Breaking Out Of A Base 121 Days Ago $COST $T $CHWY $PGR $EC $ADI $ACN $LYB $AGNC $DRN $VTR $XOM $D $ORLY

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Rank Ticker Days Since Previous High Name
1 COST 35 Costco Wholesale Corporation
2 T 35 AT&T Inc.
3 CHWY 34 Chewy, Inc.
4 PGR 31 Progressive Corporation (The)
5 EC 23 Ecopetrol S.A.
6 ADI 21 Analog Devices, Inc.
7 ACN 12 Accenture plc
8 LYB ðŸš€ 12 LyondellBasell Industries NV
9 AGNC 11 AGNC Investment Corp.
10 DRN 11 Direxion Daily Real Estate Bull
11 VTR 10 Ventas, Inc.
12 XOM 10 Exxon Mobil Corporation
13 D 8 Dominion Energy, Inc.
14 ORLY 8 O'Reilly Automotive, Inc.
15 PM 7 Philip Morris International Inc
16 BTI 6 None
17 CCI 5 Crown Castle Inc.
18 DIS 5 Walt Disney Company (The)
19 KR 5 Kroger Company (The)
20 MKC 5 None
21 UTSL 5 Direxion Daily Utilities Bull 3
22 WELL 5 Welltower Inc.
23 WY 5 None
Stocks Breaking Out Of A Base

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.