| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | PAA | 36 | None |
| 2 | DKNG | 26 | DraftKings Inc. |
| 3 | TPR | 26 | Tapestry, Inc. |
| 4 | LYV | 21 | Live Nation Entertainment, Inc. |
| 5 | SMCI 🚀 📈 | 20 | Super Micro Computer, Inc. |
| 6 | COIN 📈 | 18 | Coinbase Global, Inc. |
| 7 | CONL 🚀 📈 | 18 | GraniteShares 2x Long COIN Dail |
| 8 | COHR | 15 | Coherent Corp. |
| 9 | BBWI | 12 | Bath & Body Works, Inc. |
| 10 | NUE | 12 | Nucor Corporation |
| 11 | CRDO 📈 | 11 | Credo Technology Group Holding |
| 12 | MOS | 9 | Mosaic Company (The) |
| 13 | HOOD 📈 | 8 | Robinhood Markets, Inc. |
| 14 | FERG | 6 | Ferguson Enterprises Inc. |
| 15 | C | 5 | Citigroup, Inc. |
| 16 | QXO 📈 | 5 | QXO, Inc. |
| 17 | RKLB 🚀 📈 | 5 | Rocket Lab Corporation |
| 18 | SN | 5 | SharkNinja, 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.