Friday June 6, 2025 Stocks Breaking Out Of A Base 131 Days Ago $SBUX $UPST $ABNB $AFRM $RIG $UAL $CSCO $TER $GS $IWM $TNA $ANET $BAC $COF

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 Name
1 SBUX 40 Starbucks Corporation
2 UPST ðŸš€ ðŸ“ˆ 17 Upstart Holdings, Inc.
3 ABNB 16 Airbnb, Inc.
4 AFRM ðŸ“ˆ 16 Affirm Holdings, Inc.
5 RIG 16 Transocean Ltd (Switzerland)
6 UAL ðŸš€ ðŸ“ˆ 16 United Airlines Holdings, Inc.
7 CSCO 15 Cisco Systems, Inc.
8 TER ðŸš€ 15 Teradyne, Inc.
9 GS 14 Goldman Sachs Group, Inc. (The)
10 IWM 14 iShares Russell 2000 ETF
11 TNA 14 Direxion Small Cap Bull 3X Shar
12 ANET 13 Arista Networks, Inc.
13 BAC 13 Bank of America Corporation
14 COF 12 Capital One Financial Corporati
15 NNOX ðŸš€ ðŸ“ˆ 12 NANO-X IMAGING LTD
16 QXO ðŸ“ˆ 12 QXO, Inc.
17 FAS 11 Direxion Financial Bull 3X Shar
18 ASML 8 ASML Holding N.V. - New York Re
19 DAL 8 Delta Air Lines, Inc.
20 AAL 7 American Airlines Group, Inc.
21 CLSK ðŸ“ˆ 7 CleanSpark, Inc.
22 AA 6 Alcoa Corporation
23 GOOG 6 Alphabet Inc.
24 GOOGL 6 Alphabet Inc.
25 QCOM 6 QUALCOMM Incorporated
26 SHOP ðŸš€ 6 Shopify Inc.
27 BTDR ðŸš€ ðŸ“ˆ 5 Bitdeer Technologies Group
28 COO 5 The Cooper Companies, Inc.
29 CRM 5 Salesforce, Inc.
30 EVGO ðŸš€ ðŸ“ˆ 5 EVgo Inc.
31 GGLL ðŸ“ˆ 5 Direxion Daily GOOGL Bull 2X Sh
32 LUNR ðŸš€ ðŸ“ˆ 5 Intuitive Machines, Inc.
33 M ðŸš€ 5 Macy's Inc
34 UAA 5 Under Armour, Inc.
35 ZIM ðŸš€ ðŸ“ˆ 5 ZIM Integrated Shipping Service
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.