Tuesday June 17, 2025 Stocks Breaking Out Of A Base Thirty-Nine Days Ago $DKNG $RDDT $DELL $BBWI $CRWD $ULTA $CRWV $BBAI $GEV $DT $LYV $NET $PANW $STX

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Rank Ticker Days Since Previous High
1 DKNG 23
2 RDDT ðŸš€ 23
3 DELL 12
4 BBWI 10
5 CRWD 10
6 ULTA 10
7 CRWV ðŸš€ 9
8 BBAI ðŸš€ 8
9 GEV 8
10 DT 7
11 LYV 7
12 NET 7
13 PANW 7
14 STX 6
15 CSCO 5
16 DDOG 5
17 FLEX 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.