Rank | Ticker | Days Since Previous High |
---|---|---|
1 | KHC | 45 |
2 | JD | 40 |
3 | UTSL | 40 |
4 | AUR | 39 |
5 | EOSE 🚀 | 35 |
6 | LUNR 🚀 | 35 |
7 | AMC 🚀 | 32 |
8 | ABNB | 26 |
9 | APLD 🚀 | 21 |
10 | APP | 21 |
11 | TAL 🚀 | 15 |
12 | TSLA | 14 |
13 | RIVN | 13 |
14 | TSLL 🚀 | 13 |
15 | ARM 🚀 | 12 |
16 | TEM | 12 |
17 | WMB | 11 |
18 | BULL 🚀 | 10 |
19 | NTAP | 10 |
20 | WULF 🚀 | 10 |
21 | MRVL 🚀 | 9 |
22 | DJT 🚀 | 7 |
23 | IONQ 🚀 | 7 |
24 | LMND 🚀 | 7 |
25 | NET | 7 |
26 | NRG | 7 |
27 | QUBT 🚀 | 7 |
28 | QXO | 7 |
29 | AEG | 6 |
30 | BHP | 6 |
31 | DOCU | 6 |
32 | HON | 6 |
33 | NLY | 6 |
34 | NNOX | 6 |
35 | RF | 6 |
36 | TIGR 🚀 | 6 |
37 | ZTO | 6 |
38 | BF-B | 5 |
39 | BTDR 🚀 | 5 |
40 | CHWY | 5 |
41 | CNM | 5 |
42 | CRM | 5 |
43 | CSCO | 5 |
44 | DLTR | 5 |
45 | FERG | 5 |
46 | OKTA 🚀 | 5 |
47 | PAA | 5 |
48 | SNOW | 5 |
49 | STM | 5 |
50 | STZ | 5 |
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.