Friday May 9, 2025 Stocks Breaking Out Of A Base 65 Days Ago $MARA $SERV $QBTS $AI $NET $RIOT $DAL $TIGR $DKNG $BBWI $MDB $TSLL $PINS $SPG

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Rank Ticker Days Since Previous High
1 MARA ðŸš€ 43
2 SERV ðŸš€ 38
3 QBTS ðŸš€ 37
4 AI ðŸš€ 32
5 NET 32
6 RIOT 32
7 DAL 31
8 TIGR ðŸš€ 30
9 DKNG 29
10 BBWI 26
11 MDB 26
12 TSLL ðŸš€ 26
13 PINS 25
14 SPG 25
15 RIG 24
16 AMZU 21
17 APA 21
18 BP 12
19 DVN 12
20 ENPH 12
21 AA 10
22 CLSK 10
23 COIN 10
24 CONL ðŸš€ 10
25 GM 9
26 TSLA 9
27 PTEN 8
28 RIVN 6
29 QS 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.