Rank | Ticker | Days Since Previous High |
---|---|---|
1 | APP | 43 |
2 | JNUG 🚀 | 43 |
3 | PTON 🚀 | 41 |
4 | SONY | 41 |
5 | BROS | 36 |
6 | NWG | 34 |
7 | KR | 32 |
8 | CSCO | 27 |
9 | AAPL | 23 |
10 | AAPU | 23 |
11 | AFL | 22 |
12 | DG | 22 |
13 | APA | 18 |
14 | COST | 18 |
15 | PAAS | 18 |
16 | UL | 18 |
17 | CORZ | 17 |
18 | FLUT | 14 |
19 | KO | 14 |
20 | TME | 14 |
21 | HOOD | 13 |
22 | NBIS 🚀 | 13 |
23 | AGI | 12 |
24 | XP | 12 |
25 | PHM | 11 |
26 | VTRS | 11 |
27 | ZBH | 11 |
28 | AEG | 10 |
29 | GPC | 10 |
30 | RUN 🚀 | 10 |
31 | BDX | 9 |
32 | CG | 9 |
33 | CRH | 9 |
34 | CRWV 🚀 | 9 |
35 | BF-B | 8 |
36 | MUFG | 8 |
37 | NEE | 8 |
38 | SN | 8 |
39 | TGT | 8 |
40 | TMUS | 8 |
41 | UBER | 8 |
42 | ACI | 7 |
43 | CELH 🚀 | 7 |
44 | F | 7 |
45 | RETL | 7 |
46 | AS | 6 |
47 | BHP | 6 |
48 | MU | 6 |
49 | PDD | 6 |
50 | TRGP | 6 |
51 | ASML | 5 |
52 | AVGO | 5 |
53 | BABA | 5 |
54 | CAVA | 5 |
55 | CIEN | 5 |
56 | COHR | 5 |
57 | CRDO | 5 |
58 | DDOG | 5 |
59 | DKNG | 5 |
60 | EH | 5 |
61 | IWM | 5 |
62 | NFLX | 5 |
63 | NVDA | 5 |
64 | NVDL 🚀 | 5 |
65 | OXY | 5 |
66 | PYPL | 5 |
67 | STLA | 5 |
68 | TCOM | 5 |
69 | TNA | 5 |
70 | TSLA | 5 |
71 | TSM | 5 |
72 | TWLO | 5 |
73 | YMM | 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.