Thursday July 10, 2025 Stocks Breaking Out Of A Base Forty-Five Days Ago $JNJ $DAL $M $SLB $TIGR $ZTO $AAL $CAVA $NLY $BITX $UTSL $STZ $UAL $STLA

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Rank Ticker Days Since Previous High
1 JNJ 43
2 DAL 40
3 M ðŸš€ 40
4 SLB 40
5 TIGR ðŸš€ 40
6 ZTO 40
7 AAL 38
8 CAVA 34
9 NLY 34
10 BITX 30
11 UTSL 24
12 STZ 23
13 UAL ðŸš€ 21
14 STLA 20
15 TCOM 20
16 MDB ðŸš€ 18
17 NIO ðŸš€ 18
18 ZI ðŸš€ 18
19 BEKE 17
20 BTI 16
21 DOW 15
22 COIN 9
23 CONL ðŸš€ 9
24 DELL 9
25 RBRK 9
26 ASML 8
27 PLTR ðŸš€ 8
28 VG 8
29 AMDL ðŸš€ 7
30 DKNG 7
31 SMCI ðŸš€ 7
32 LEN 6
33 MCD 6
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.