Wednesday March 19, 2025 Stocks Breaking Out Of A Base 153 Days Ago $FCX $ERX $NU $CELH $AMDL $GUSH $ASML $EVGO $PTEN $AI $BA $PANW $VST $BAC

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Rank Ticker Days Since Previous High
1 FCX 40
2 ERX 18
3 NU 18
4 CELH ðŸš€ 16
5 AMDL ðŸš€ ðŸ“ˆ 15
6 GUSH 15
7 ASML 14
8 EVGO ðŸš€ ðŸ“ˆ 12
9 PTEN 12
10 AI ðŸš€ 11
11 BA 11
12 PANW 11
13 VST ðŸ“ˆ 11
14 BAC 9
15 CRWD 9
16 FFTY 9
17 C 8
18 FAS 8
19 IWM 8
20 NTAP 8
21 SOFI ðŸ“ˆ 8
22 TNA 8
23 WFC 8
24 DJT ðŸš€ ðŸ“ˆ 7
25 EOSE ðŸš€ ðŸ“ˆ 7
26 F 7
27 JPM 7
28 OXY 6
29 SNAP 6
30 USB 6
31 V 6
32 WBD 6
33 DAL 5
34 MCD 5
35 ROKU 5
36 SHOP ðŸš€ 5
37 SYF 5
38 UPST ðŸš€ ðŸ“ˆ 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.