Tuesday July 8, 2025 Stocks Breaking Out Of A Base Twenty-Seven Days Ago $SOUN $TOST $IP $NLY $ULTA $U $AI $BA $TEAM $M $YMM $DJT $COP $SLB

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Rank Ticker Days Since Previous High
1 SOUN ðŸš€ 36
2 TOST 34
3 IP 33
4 NLY 31
5 ULTA 25
6 U ðŸš€ 22
7 AI ðŸš€ 21
8 BA 19
9 TEAM 19
10 M 18
11 YMM 16
12 DJT ðŸš€ 14
13 COP 13
14 SLB 13
15 DOW 12
16 GOLD 12
17 PAAS 12
18 APA 11
19 LCID ðŸš€ 11
20 PTEN 11
21 CVE 10
22 CVX 10
23 DVN 10
24 FTI ðŸš€ 10
25 NTR 10
26 PAA 10
27 PBR 10
28 RIG 10
29 CF 9
30 FUTU 8
31 PDD 8
32 GEV 6
33 INTC 6
34 QS ðŸš€ 6
35 TIGR ðŸš€ 6
36 ZIM ðŸš€ 6
37 ZS 6
38 CRM 5
39 FLUT 5
40 MU 5
41 OKLO ðŸš€ 5
42 TAL ðŸš€ 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.