Tuesday April 22, 2025 Stocks Breaking Out Of A Base 129 Days Ago $MSTR $NFLX $CHWY $BITX $DJT $CLSK $NU $COIN $CONL $BTDR $MCD $NIO $NOK $XP

Check scan results for prior days 20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3 2 1 0 + Export Tickers
← Previous: Stocks closed lower on above average volume Stocks making new highs Next: Stocks making new lows →
Rank Ticker Days Since Previous High
1 MSTR ðŸ“ˆ 45
2 NFLX 45
3 CHWY 31
4 BITX ðŸ“ˆ 20
5 DJT ðŸš€ ðŸ“ˆ 19
6 CLSK ðŸ“ˆ 18
7 NU 17
8 COIN ðŸ“ˆ 16
9 CONL ðŸš€ ðŸ“ˆ 16
10 BTDR ðŸš€ ðŸ“ˆ 13
11 MCD 12
12 NIO ðŸš€ ðŸ“ˆ 12
13 NOK ðŸš€ 12
14 XP 12
15 U ðŸš€ 8
16 WULF ðŸš€ ðŸ“ˆ 8
17 CELH ðŸš€ 7
18 NKE ðŸš€ 7
19 TAL ðŸš€ 7
20 UPST ðŸš€ ðŸ“ˆ 7
21 AEO ðŸš€ 5
22 BABA 5
23 BBWI 5
24 DIS 5
25 FCX 5
26 IREN ðŸš€ ðŸ“ˆ 5
27 MARA ðŸ“ˆ 5
28 PDD 5
29 RETL 5
30 SOFI ðŸ“ˆ 5
31 TGT 5
32 ULTA 5
33 VALE 5
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.