| Rank | Ticker | Days Since Previous High | Name |
|---|---|---|---|
| 1 | DKNG | 23 | DraftKings Inc. |
| 2 | RDDT 🚀 📈 | 23 | Reddit, Inc. |
| 3 | DELL | 12 | Dell Technologies Inc. |
| 4 | BBWI | 10 | Bath & Body Works, Inc. |
| 5 | CRWD | 10 | CrowdStrike Holdings, Inc. |
| 6 | ULTA | 10 | Ulta Beauty, Inc. |
| 7 | CRWV 🚀 📈 | 9 | CoreWeave, Inc. |
| 8 | BBAI 🚀 📈 | 8 | BigBear.ai, Inc. |
| 9 | GEV 🚀 | 8 | GE Vernova Inc. |
| 10 | DT | 7 | Dynatrace, Inc. |
| 11 | LYV | 7 | Live Nation Entertainment, Inc. |
| 12 | NET | 7 | Cloudflare, Inc. |
| 13 | PANW | 7 | Palo Alto Networks, Inc. |
| 14 | STX 📈 | 6 | Seagate Technology Holdings PLC |
| 15 | CSCO | 5 | Cisco Systems, Inc. |
| 16 | DDOG 🚀 | 5 | Datadog, Inc. |
| 17 | FLEX | 5 | Flex Ltd. |
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.