Rank | Ticker | Days Since Previous High |
---|---|---|
1 | OWL | 44 |
2 | GPN | 42 |
3 | BAM | 41 |
4 | ACHR 🚀 | 40 |
5 | KHC | 39 |
6 | LCID 🚀 | 39 |
7 | QBTS 🚀 | 35 |
8 | AUR | 33 |
9 | AI 🚀 | 32 |
10 | GRAB | 27 |
11 | AMC 🚀 | 26 |
12 | LI | 26 |
13 | SE 🚀 | 26 |
14 | MDB | 25 |
15 | BABA | 23 |
16 | APLD 🚀 | 19 |
17 | ASTS | 16 |
18 | OKLO 🚀 | 15 |
19 | HWM | 12 |
20 | NBIS 🚀 | 12 |
21 | SERV 🚀 | 12 |
22 | NU | 11 |
23 | PEP | 10 |
24 | ARM 🚀 | 9 |
25 | LYV | 9 |
26 | TEM | 9 |
27 | KO | 7 |
28 | NTAP | 7 |
29 | ORCL 🚀 | 7 |
30 | PDD | 7 |
31 | TOST | 7 |
32 | VRT | 7 |
33 | XYZ | 7 |
34 | APP | 6 |
35 | BBAI 🚀 | 6 |
36 | BULL 🚀 | 6 |
37 | DIS | 6 |
38 | CART | 5 |
39 | CX | 5 |
40 | DDOG | 5 |
41 | DJT 🚀 | 5 |
42 | LUV | 5 |
43 | ROKU | 5 |
44 | UAL 🚀 | 5 |
45 | ULTA | 5 |
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.