| Rank | Ticker | Days Since Previous High |
|---|---|---|
| 1 | RCAT 🚀 | 38 |
| 2 | FCX | 16 |
| 3 | WFC | 15 |
| 4 | APA | 14 |
| 5 | CELH 🚀 | 14 |
| 6 | HPE | 14 |
| 7 | MDB | 14 |
| 8 | PINS | 14 |
| 9 | STM | 14 |
| 10 | JHX | 13 |
| 11 | SBUX | 13 |
| 12 | SOXL 🚀 | 13 |
| 13 | AMD | 12 |
| 14 | AMDL 🚀 | 12 |
| 15 | CLF 🚀 | 12 |
| 16 | DOCU | 12 |
| 17 | RDDT 🚀 | 12 |
| 18 | V | 11 |
| 19 | ANET | 10 |
| 20 | BAC | 10 |
| 21 | CMG | 10 |
| 22 | ET | 10 |
| 23 | IWM | 10 |
| 24 | USB | 10 |
| 25 | DHI | 9 |
| 26 | LEN | 9 |
| 27 | PHM | 9 |
| 28 | SMCI 🚀 | 9 |
| 29 | SNAP | 9 |
| 30 | SYF | 9 |
| 31 | WULF 🚀 | 9 |
| 32 | XP | 9 |
| 33 | ZI 🚀 | 9 |
| 34 | NXPI | 8 |
| 35 | RIOT | 8 |
| 36 | FSLR | 7 |
| 37 | NIO 🚀 | 7 |
| 38 | YINN | 7 |
| 39 | IREN 🚀 | 6 |
| 40 | NAIL 🚀 | 6 |
| 41 | DAL | 5 |
| 42 | HON | 5 |
| 43 | JPM | 5 |
| 44 | NOK 🚀 | 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.