Wednesday May 14, 2025 Stocks Breaking Out Of A Base 63 Days Ago $SMCI $ZIM $RDDT $SHOP $AMD $AMDL $BABA $BIDU $EH $PDD $AA $APLD $RCAT $CELH

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Rank Ticker Days Since Previous High
1 SMCI ðŸš€ 44
2 ZIM ðŸš€ 38
3 RDDT ðŸš€ 35
4 SHOP ðŸš€ 35
5 AMD 34
6 AMDL ðŸš€ 33
7 BABA 32
8 BIDU 29
9 EH 29
10 PDD 29
11 AA 28
12 APLD ðŸš€ 28
13 RCAT ðŸš€ 23
14 CELH ðŸš€ 15
15 DJT ðŸš€ 13
16 GOOG 13
17 GOOGL 13
18 RKLB ðŸš€ 12
19 SOFI 11
20 GGLL 7
21 U 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.