| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | WBD 🚀 | 38 | Warner Bros. Discovery, Inc. - |
| 2 | JNUG 🚀 📈 | 16 | Direxion Daily Junior Gold Mine |
| 3 | EVGO 🚀 📈 | 15 | EVgo Inc. |
| 4 | AI 🚀 | 12 | C3.ai, Inc. |
| 5 | MRVL 🚀 | 11 | Marvell Technology, Inc. |
| 6 | BA | 10 | Boeing Company (The) |
| 7 | LRCX | 10 | Lam Research Corporation |
| 8 | AFRM 📈 | 8 | Affirm Holdings, Inc. |
| 9 | SOUN 🚀 📈 | 8 | SoundHound AI, Inc. |
| 10 | MU 📈 | 7 | Micron Technology, Inc. |
| 11 | RDDT 🚀 📈 | 7 | Reddit, Inc. |
| 12 | SHOP 🚀 | 7 | Shopify Inc. |
| 13 | TLT | 7 | iShares 20+ Year Treasury Bond |
| 14 | UAL 🚀 📈 | 7 | United Airlines Holdings, Inc. |
| 15 | NBIS 🚀 📈 | 6 | Nebius Group N.V. |
| 16 | SPG | 6 | Simon Property Group, Inc. |
| 17 | DRN | 5 | Direxion Daily Real Estate Bull |
| 18 | NVDA | 5 | NVIDIA Corporation |
| 19 | NVDL 🚀 📈 | 5 | GraniteShares 2x Long NVDA Dail |
| 20 | TQQQ | 5 | ProShares UltraPro QQQ |
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.